Mutual Funds can be broadly categorized into:
- Liquid Schemes,
- Debt Schemes,
- Equity Schemes,
- Hybrid
- Schemes,
- Gold funds
.
Liquid Funds:
»
Liquid Schemes invest in short term (below one year) debt instruments like Certificates of Deposit, Commercial Paper and Treasury
bills.
»
They can give an average return of 6-7%.
»
They can be used as an alternative to savings account.
»
They can be used to meet very short term life goals.
Debt Funds:
»
They invest in long term (More than 1 year) debt instruments like government bonds, corporate bonds etc.
»
They can be considered as an alternative to bank fixed deposits.
»
Investors in high tax bracket can consider these schemes as an alternative to bank fixed deposits to reduce the taxes.
Equity Funds:
»
Equity MF schemes provide the best alternative to direct equity investment.
»
Over a long period, equities have the potential to outperform all other asset classes.
»
To meet long term life goals, equity schemes can be considered.
»
Equity funds can be sub-categorized as largecap, midcap, smallcap and multicap
Hybrid Funds:
»
Monthly Income Plans (MIP) and Balanced Schemes come under this category.
»
These schemes have got the name hybrid as they invest in both equity and debt also.
»
MIP is suitable to investors who want monthly cash flows.
»
Balanced schemes are suitable to investors who want to take an exposure to equity without undue risk.
»
There are also other sub categories such as asset allocation, arbitrage, FOFs and Capital Protection Funds.
Gold Funds:
»
Gold funds can be categorized into:
»
Funds which invest in gold mining companies.
»
Gold Exchanged Traded Funds (ETF).
»
Funds which invest in the units of Gold ETFs.
Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds. Save Tax Get Rich
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. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. Sundaram Diversified Equity Fund
5. ICICI Prudential Long Term Equity Fund
6. Invesco India Tax Plan
7. Franklin India TaxShield
8. Reliance Tax Saver (ELSS) Fund
9. BNP Paribas Long Term Equity Fund
10. Axis Tax Saver Fund
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
Good Post Keep it up thanks for sharing the information.
ReplyDeleteHow long do you plan to invest? How much do you expect to earn on this investment?
birla sunlife
sbi share future
aurobindo pharma candlestick chart
buy or sell
uti fund
kaya india
stock market gainers
canara bank exchange rate