Aditya Birla SL Balanced Advantage Fund

Assets under management: ₹3421 crore
Fund manager: Mohit Sharma / Vineet Maloo
Top 3 equity holding: ITC, HDFC Bank, ICICI Bank
1-year return: 2.32 per cent

Aditya Birla SL Balanced Advantage Fund is A conservative fund, it decides the equity allocation using parameters such as trailing PE ratio of S&P BSE 100 and other ratios like P/B and dividend yield. Over the last one year the net equity position has stayed between 32-37 per cent. Fund performance has lagged rivals over the last one year, due to low net equity position in a rising market. The fund also lost out as it was overweight ITC and underweight Reliance.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

LTCG Tax on Mutual Funds

Best SIP Funds to Invest Online

Long-term capital gains (LTCG) tax has been proposed in the Budget on equity-oriented mutual funds, besides gains on equity.

Finance Minister Arun Jaitley has proposed that 10 percent tax will be levied on capital gains in excess of Rs 1 lakh in a financial year on selling one’s investment in the specified instruments.

It has been specified that taxability would arise only if the transfer of such assets occurs after April 1, 2018.

Moreover, capital gains up to January 31, 2018 will be grandfathered, meaning any gains having accrued on an investment up to January 31, 2018, which is sold after 1 April 2018, would be exempt from tax.

The Income Tax Department has clarified that the gains will be computed without providing the benefits of indexation, which links your acquisition price to the cost inflation index.

So, how would the new tax structure impact your mutual fund investments? Well, firstly one has to be clear that it is limited to equity-oriented funds. The budget does not change the tax incidence on debt fundholding.

Investors have to be clear that LTCG tax is only on equity-oriented funds. As far as debt funds are concerned, there is no change in the taxation structure compared to what is was prior to the Budget. For debt funds, short-term capital gains are taxed as per the individual’s tax slab and the long-term capital gains are taxed at 20% if held for over 3 years and after adjusting for indexation

Any mutual fund scheme holding more than 65% of assets in equity is classified as equity-oriented scheme.

Here is a explaining the new tax regime on mutual funds:

ltcg

** For computing the Indexed Cost of Acquisition, the Cost Inflation Index (CII) of FY 2018-19 should be considered. Since the same has not been notified yet, purely for the purpose of the above computation, the CII of 2017-18 has been considered.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

ICICI Prudential Bluechip Fund

Best SIP Funds to Invest Online


ICICI Prudential AMC has decided to change fundamental attributes of ICICI Prudential Focused Bluechip Equity Fund to comply with Sebi’s re-categorisation norms for mutual funds. The scheme will be renamed as ICICI Prudential Bluechip Fund. The change will be effective from May 28.

The scheme has been categorised as an open-ended equity scheme, predominantly investing in largecap stocks. In its earlier avatar, the scheme was supposed to invest in equity and equity-related securities of about 20 companies, belonging to the largecap domain and the balance in debt securities and money market instruments.

The scheme will now invest a minimum 80 per cent of the corpus in equity and equity-related securities belonging to the largecap domain. It will invest the balance in equity and equity-related securities falling outside the largecap domain, as prescribed by Sebi or Amfi from time to time, and in debt securities and money market instruments. The scheme manages assets worth Rs 16,102 crore as on March 31.

What to do with ICICI Prudential Bluechip Fund ?
Technically, there is no change in the scheme. Only the name has changed. We advise investors to hold back and continue with the scheme

The scheme continues to be a largecap category. This scheme had a provision which allowed the fund manager to increase the number of stocks beyond 20 if the assets of the fund grew beyond Rs 1,000 crore. This limit was crossed many years ago. The scheme on an average had 47 stocks in its portfolio in the the past three years.

Scheme has attractive performance record. It is not a very aggressive fund and aims to deliver returns which are two-three per cent above Nifty returns and the fund has been doing that very well. Unless your financial goals have changed, you need not do anything to your investments in ICICI Prudential Focused Bluechip Equity Fund

Sebi has issued a circular on categorisation and rationalisation of open-ended mutual fund schemes in October 2017. To ensure uniformity among the schemes belonging to the same category, Sebi mandated largecap schemes to invest minimum 80 per cent of total assets in largecap companies. Largecap companies have been defined as top 100 companies in terms of market capitalisation.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

SBI Small Cap Fund

Best SIP Funds to Invest Online

SBI Small Cap Fund scheme seeks to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of small cap companies.

SBI Small Cap Fund has widened its margin of outperformance relative to its category and benchmark in the last one year, earning itself a five-star rating. The fund shows a hefty 18 percentage-point outperformance relative to its peers in the last one year, 5 percentage points over three years and 4 percentage points over five years. Needless to say, it has also outpaced its benchmark to deliver convincing five-year annualised returns of 37 per cent.

A believer in the credo that a small market cap does not reflect business quality, the fund looks for five attributes in the stocks it buys: competitive advantage, return on capital, growth, management and valuation.

SBI Small Cap Fund is among the few in this space to remain at quite a manoeuvrable size of Rs 850 crore.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

L&T India Value Fund

Best SIP Funds to Invest Online

Investors are increasing finding it difficult to pick up quality stocks because of their high valuations. In such a situation, it makes sense to be with mutual fund schemes that follow value theme and have high focus on large-sized companies. One such scheme is L&T India Value Fund.

The scheme invests 40-55% of its portfolio in large-sized companies, 35-40% in mid-sized companies and rest in small-sized companies. In comparison with its peers, the scheme has higher exposure to large-sized companies. Due to this, the scheme has performed well even in weak markets. In the past three- and fiveyear periods, the scheme has generated returns of 16.4% and 26%, respectively. During the same period, its category of schemes have given 12% and 19%, respectively.

In the past six months, the scheme’s fund managers Venugopal Manghat and Karan Desai have invested in diversified themes by selecting companies which not only have lean balance sheet, but are also placed well in terms of earnings’ growth in the coming quarters. A few prominent names are Bharat Electronics, KNR Constructions and Sun TV Networks.

0

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Fund Merger effect on Investors

Start Saving for Tax 2018 Early by Investing in ELSS Funds Online

Mutual Fund Merger will not have a very significant consequence for investors. The merger will be applicable for only similar funds. Some of the funds will have the disadvantage of becoming very big. But that apart, there is no tax consequence because last year’s budget made a provision that if your fund is getting merged then there will be no tax implication and it will be considered as an old investment.

Earlier, the situation was that a fund merger amounted to redemption of the old investment and new investment being made into the merging fund. So if you were invested in a fund which is merging to another one then there was a tax consequence because if you are sitting on long term gains then it would suddenly got redeemed without you asking for it and then being invested in the new one. And then one had to again wait for 365 days to make it long term investment. Now that problem is not there. Every investor will also get a zero load exit option and the fund merger is fairly mechanical.

You will get units of the new fund on the basis of a simple division. For example, if a fund’s NAV is Rs 50 and the fund in which it is going to merge is Rs 100, then you will get one unit for the two units you are holding. It will be a simple division of the two values.

Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2018 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Long Term Debt Funds

Best SIP Funds to Invest Online

If you are a fixed-income investor. These are relatively low-risk investments but most of them got their calls wrong in a sense that everyone was expecting a rate cut but we haven’t seen any. I would say that holding it for two-three years would enhance the return. These funds haven’t given great returns but at least protected you from the downside. No doubt, 2-3 per cent is nothing compared to 10-11 per cent, if everything would have fallen as expected. But you will have a decent return in two-three years time and things like this will keep happening.

And, if you want to avoid such thing in future, don’t take chances. Be conservative, invest in a short-term debt fund. It will give you predictably 8.5 per cent. During this period, when dynamic bond funds have given 2-3 per cent return only, those funds have given 7-9 per cent returns.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Franklin India Taxshield Fund

Best SIP Funds to Invest Online

Franklin India Taxshield Fund scheme seeks medium to long term growth of capital, with income tax rebate. The scheme invests in equities and there is an exposure to PSU Bonds and debentures and Money Market instruments.

An established fund in the ELSS category, it has steadfastly maintained a large-cap bias amid different market phases. Consistency of returns and an ability to contain downside have helped it retain four to five-star ratings for much of the last eight years.

Franklin India Taxshield Fund returns in the last one year show a slowdown relative to the category and benchmark. The fund’s year-to-year returns don’t always beat its more aggressive peers, but its performance adds up to very handsome returns over the long term.

Franklin India Taxshield Fund is a Fund which allocates a minimum 60 per cent to large caps, it has pegged up this exposure even higher, to 80 per cent in the last one year. Mid and small-caps now make up less than 20 per cent of the portfolio. The fund also avoids momentum stocks and sticks to bottom-up fundamentals-based investing. Though this fund is from a growth style fund house, it tends to be quite valuation-conscious. It doesn’t take cash calls and remains fully invested through cycles.

Franklin India Taxshield Fund has underperformed its benchmark significantly in the last one year, which has also hurt three-year returns. However, in the five-year period, it has outperformed the benchmark by 3 percentage points. In the past, outpacing the benchmark in 12 of the last 15 years, this fund has proved more adept at containing losses in bear markets than riding bull phases to the hilt.

Go for Franklin India Taxshield Fund if you like a less bumpy ride in choppy markets.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Long Term Capital Gains Tax

Long-term capital gains tax

Long-term capital gains tax is nil for all equity mutual funds schemes

Long-term capital gains tax is 10% for all equity mutual funds schemes. The investor has to hold his equity investments for more than 12 months to qualify for long-term capital gains tax.

If investments are sold before a year, short-term capital gains are taxed at 15 per cent.

You have to fill ITR-2 form to file Income Tax returns and show your long-term capital gains.

SBI BlueChip Fund

Best SIP Funds to Invest Online

After the third quarter results, expectations of sustained earnings growth going ahead are high, especially among large-sized companies. Therefore, it makes sense to be invested in mutual fund schemes that focus on large companies. One such scheme is SBI Bluechip Fund that has managed to perform across market cycles.

SBI BlueChip Fund scheme, being managed by Sohini Andani for about seven years, invests 80% of its corpus in large-sized companies and the remaining in mid-sized companies. Andani follows a bottom-up approach, which has rewarded the investors of the fund. In the past three- and five-year periods, the scheme has delivered close to 10% and 18.4% returns, while its benchmark, S&P BSE100, has delivered 6.35% and 13.5%.

In the past six months, the fund manager has struck a balance between defensive and non-defensive themes in the portfolio, and has added wellestablished and less leveraged companies, such as HDFC Bank, and Larson & Toubro, which are also leaders in their sectors.

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich – Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com