DSP BlackRock Equity Fund

DSP BlackRock Equity Fund – Product Labelling
This Open Ended Growth Scheme is suitable for investors who are seeking*
  • Long-term capital growth.
  • Investment in equity and equity-related securities to form a diversified portfolio

*Investors should consult their financial/tax advisors if in doubt about whether the product is suitable for them

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Kotak Select Focus Fund

Invest Kotak Select Focus Fund Online

The Nifty lost 12% in the first couple of months, but gained 11% in the next couple of months. With the markets exhibiting extreme volatility in the first four months of the year, Kotak Select Focus, a multicap fund could be an apt choice. The fund’s strategy comes from the belief that different sectors of the economy perform well at different points in time. The fund manager selects sectors based on top-down analysis and individual stocks are picked up on a bottom-up basis. The fund manager focuses on domestic themes.While the core of the portfolio is large-cap stocks, depending on the market scenario, the fund manager adds mid-cap stocks whose exposure can be anywhere between 20% and 35%.

The fund, managed by Harsha Upadhyaya, is overweight on cement with a hefty 12% exposure to it. This confidence comes from the belief that monsoon will be normal and we are at the bottom of the cement cycle and with no supply coming, cement companies are expected to do well. Besides, the fund is overweight on autos. The fund is slightly underweight on defensives like IT, pharma and FMCG as valuations are rich.

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Portfolio Management Scheme

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High net worth investors (HNIs) looking for increasing customisation and personalisation, allocate a portion of their portfolio to portfolio management schemes.

1. What is a portfolio management scheme?

Portfolio management scheme, popularly known as PMS, is a specialised invest ment vehicle for lump sum investments. The portfolio manager invests the money in shares and other se curities and manages the portfolio on behalf of the client.

2. What is the minimum amount which one can invest?

As per regulato ry guidelines, the minimum starting amount in a PMS is `25 lakhs.

Investors can either write a fresh cheque of `25 lakhs or transfer an existing portfolio with market value more than `25 lakhs.There is no lock-in peri od in a PMS scheme, but PMS managers in sist investors come with a time frame of atleast 3 years.

3. What is the difference between a discretionary portfolio manager and a nondiscretionary portfolio manager?

The discretionary portfolio manager individually and inde pendently manages the funds of each client in accordance with the needs of the client. The non-discretionary portfolio manager manages the funds in accordance with the directions of the client.

4. Where do the investments lie?

Can I monitor them?

When you opt for a PMS scheme, a bank account and demat account are separately opened in your name and all investments are made in your name only . Accordingly, any income or dividend coming out of the investment made will also be credited in your bank account and the shares will be held in the demat account in your name. As per the PMS agreement, the Power of Attorney for operating the bank and demat accounts will be with the portfolio manager.Most portfolio managers give a username and password which can be used to login into their website and see the portfolio statements. As per SEBI instructions, a Portfolio Manager is required to furnish a performance report to their clients every 6 months.

5. How are the fees charged for the Portfolio Management services?

The fees will be as per agreement between you and the Portfolio Manager. The fees will be payable annually, depending on the growth and the value of the portfolio at the year end.

Sundaram Small and Medium Indian Leading Equities

Sundaram S.M.I.L.E – Invest Online

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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 2017 – 2018

Best 10 ELSS Mutual Funds to invest in India for 2017

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 2017 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

Tax Saving Tax using ELSS Fund under 80C





The last month of the financial year sees investors rushing to save tax by investing in tax-saving instruments.

You can save tax by investing upto `1.5 lakh in equity-linked savings scheme (ELSS) under section 80C of the Income Tax Act

What are tax saving or ELSS schemes? How much can one invest in them?

An equity linked savings scheme (ELSS) is a mutual fund that gives the option to save tax. These funds invest in equities and investors can choose dividend or growth options. You can invest any amount up to `1.5 lakh in an ELSS scheme to save tax.

ELSS schemes offer growth and give investors the opportunity to earn higher returns in the long run. However, as is the case with all mutual fund schemes, there is no guarantee of any fixed returns.

What is the process to invest in an ELSS scheme?

Once an investor is KYC compliant, he can invest in an ELSS scheme just like any oth er mutual fund scheme.

Investment can be done by writing a cheque and filling the relevant form, or can be also done on line.

Does ELSS have any advantage over other tax-saving options under section 80C?

ELSS has the smallest lock-in period of three years.

Compared to this, the Public Provident Fund (PPF) has a minimum lock-in of 15 years, and allows only conditional withdrawal before that. The EPF is usually locked in for the term of your employment. Other tax-saving products like Tax-saving Fixed Deposits, or the National Savings Certificate (NSC) are locked in for a period of five years and above. The National Pension Scheme (NPS) is locked in until you reach 60 years of age, and only allows conditional withdrawals. ELSS also has intermittent cash flows in the form of dividends which are tax free, if one opts for the dividend option. Also, in an ELSS you do not pay any tax on dividend or at the time of redemption.

What should an investor do with his ELSS funds, once the lockin period is over?

Investors have the option to continue holding the mutual fund units after three years or redeem them. We say investors could continue holding them if the funds perform in line with their expectations in order to meet their financial goals.

ICICI Prudential Long Term Fund

Invest ICICI Prudential Long Term Fund Online

The scheme seeks to generate income through investments in a range of debt instruments and money market instruments and the plan aims to maintain the optimum balance of yield , safety and liquidity.

Though labelled as a ‘long-term’ debt fund, ICICI Pru Long Term Fund has floated to the top of the dynamic-fund category mainly through well-timed tactical calls on interest-rate moves in the economy in the last three years. After functioning mainly as a short-term fund until early 2014, longer-duration calls since mid-2014 have helped this fund notch up a three-year CAGR of well over 10 per cent and end up at the top of its category. Investing mainly in AAA corporate bonds or G-secs, the fund takes negligible exposure to credit risk. However, it is an aggressive fund when it comes to duration calls. From an average maturity of less than a year until 2014, the fund extended its maturity to as much as 19-20 years by 2015-16 to make the most of falling rates. The fund’s asset size has also expanded in this period. The fund uses a quantitative model.

The fund’s three- and five-year returns show large margins of out performance vis-a-vis the benchmark and the category. Three-year returns are a good 3 percentage points above peers while five-year returns ace the category by 1.50 percentage points. But with the high duration working against the fund in the past year, relative performance has suffered. While the high portfolio maturity has worked against the fund in the last one year or so, it is likely to pay off as market interest rates follow policy rates southwards. Compared to other dynamic funds, the fund almost wholly avoids lower-rated corporate bonds, with just a 1 per cent long-term corporate exposure by March 2016. The returns are thus quite reliant on a falling-rate cycle playing out.

AXIS EQUITY ADVANTAGE FUND SERIES

PLAY TO YOUR ADVANTAGE WITH AXIS EQUITY ADVANTAGE FUND - Series 1 THE POWER TO GROW

Just like in a game of cricket, where the batsman strategizes to play aggressively as well as steadily, this fund enables you to do the same by giving you risk adjusted returns.
Introducing,
AXIS EQUITY ADVANTAGE FUND – SERIES 1
NFO Period - 5th to 19th May 2017
A close-ended fund that invests in equities as well as debt instruments, that aims at generating stable returns and grows your wealth. You can take advantage of capital gains over the long term as it diversifies risk through asset allocation.
Investment Approach:
Equity* 65-70%
Pure bottom up stock picking focused on fundamentals
Diversified portfolio without any capitalisation bias
Maintain a portfolio of quality businesses with secular growth prospects
Fixed Income* 30-35%
Will invest in medium term diversified corporate bonds
AXIS EQUITY ADVANTAGE FUND – SERIES 1
(A close-ended equity scheme)
This product is suitable for investors who are seeking*:
Capital appreciation over medium to long-term
Investment in a diversified portfolio of predominantly equity and equity related instruments across market cap while managing risk through active hedging strategies
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Riskometer

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 2017 – 2018

Best 10 ELSS Mutual Funds to invest in India for 2017

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 2017 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

ELSS Funds for Tax Saving

Invest ELSS Funds Online

Best funds for tax savings

They are the best tax savers because of their transparency, high liquidity, low charges and potential for high returns.

For the past three years, equity-linked saving schemes (ELSS) funds have topped the charts in the ET Wealth annual ranking of the best tax saving instruments. They score high on almost every parameter. They are very transparent, offer tax-free gains and high liquidity, have very low charges and have given high returns. The only glitch is that they are riskier compared to other tax saving instruments.

Financial advisers and fund houses don’t tire of telling investors to take the SIP route when investing in equity funds. Yet, barely 15% of the total inflows into ELSS funds comes through SIPs. More than 85% of the inflows were onetime or lump sum investments and more than 50% come in the last three months of the financial year.Our calculations show that bunching ELSS investment into the last few months yield lower returns. If you start an SIP in an ELSS fund at the beginning of a financial year and continue for three years, you are likely to earn better returns than if you bunch those investments in the last few months of each financial year.

The other mistake is that investors take a blinkered view of ELSS funds. Instead of looking at them as a means to grow wealth over the long term, ELSS funds are seen as a short-term tax-saving investments that can be redeemed after three years. Investments are followed by redemptions, so the net inflows into the category are quite low and average folio size remains very low.

Even so, a good ELSS fund can build wealth for investors if held for the long term. Instead of seeing them as tax savers, investors should look beyond and hold for the long term. Fund houses see the lock-in period of three years as a blessing in disguise. In open-ended funds, 70% of the investment gets redeemed by the end of three years. In ELSS, since investors are around for at least three years, the retention rates are significantly better.