In this example above you will need to set up an SIP of Rs. 7,500 every month. For the ... Since the ELSS is nothing but investing in equity through the medium of mutual fund and therefore all the limitations of investing in equity equally apply here.
As the financial year draws to an end in March, it is not uncommon to see frantic tax-saving activities. Yet, more often than not, individuals in a rush to reduce their tax liabilities often make hasty and poor investment choices. In the daily humdrum.
New Delhi: Showing a growing traction for mutual funds among investors, the number of folios has grown by over 93 lakh to an all-time high of 5.82 crore at the end of June 2017, from the year-ago level, driven by strong participation from retail investors.
The great returns they have generated in the past and their enormous potential have made ELSS funds the most preferred tax-saving instrument for many. The category has ... Mutual funds are very well regulated by SEBI and everything -- charges.
It is also quite common to see investors delaying their investment process for retirement as they think that they have enough time on hand to do so. Needless to say ... Remember, tax efficiency of returns can make a huge difference to what you get to.
Anyone and everyone can invest in equity mutual fund through SIP mode. One can start investing with just Rs 500 a month, ... While investing through ELSS (Equity linked saving scheme) funds one can avail tax benefits. Investing lump-sum for 3 years.
Many mutual fund investors have the habit of searching for top 10 mutual fund schemes while investing in mutual funds . Often, they land in sites where mutual fund schemes would be listed on the basis of their performance over a short period. No wonder .
Equity linked savings schemes ( ELSS ) are simple diversified equity mutual fund schemes. The only difference is that, since they ... For example, if you start your ELSS SIP in April 2017, then that installment matures in April 2020. However, if you.
If you would have started an SIP of Rs 5000 in a Reliance Small Cap Fund or Franklin India Smaller Companies Fund where the funds had given a return of 32 percent then in such case you would have possibly made Rs 7.4 lakh by investing Rs 3 lakh in a 5.
Investments into equity schemes and equity-linked savings schemes (ELSS) of mutual funds more than ... by jewellers and global cues. Inflows into mutual funds through the systematic investment plan (SIP) route are estimated at Rs. 3,000 crore every month.
Besides, Rs 28,600 crore was invested in the liquid or money market fund category. In contrast, gold ETFs continued to see net outflow of Rs 388 ... taking the Systematic Investment Plan (SIP) route to invest in mutual funds. At present, the industry.