Warm greeting To All Our Readers!
“Rs 1 lakh turned into Rs 11 lakh in last 10 years, and I am not talking about multibagger stocks, instead of mutual fund schemes that generated 10X returns in last 10 years”
Yes, this is right, not only stocks but there are multibagger mutual fund schemes too that generated up to 10x returns in the last 10 years. If you are getting disappointed that you are not investing in multibagger stocks, you can still consider these mutual funds that gave superb returns in the long term.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Best Multibagger Mutual Funds To Invest!
Nippon India Small Cap Fund – Growth
A small-cap category equity mutual fund, run and managed by Nippon India Mutual Fund House. The fund has 95.76% investment in Indian stocks of which 8.03% is in large-cap stocks, 6.67% is in mid-cap stocks, and 69.46% in small-cap stocks.
The fund size of the scheme is around Rs 19,213 crores and it charges a total expense ratio of around 1.69%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 30 days.
The prime objective of the fund is To generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small-cap companies and the secondary objective are to generate consistent returns by investing in debt and money market securities.
SBI Small Cap Fund– Growth
A small-cap category equity mutual fund, run and managed by SBI Mutual Fund House. The fund has 90.97% investment in Indian stocks of which, 7.23% is in mid-cap stocks, and 58.16% in small-cap stocks.
The fund size of the scheme is around Rs 11,576 crores and it charges a total expense ratio of around 2.03%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The prime objective of the fund is 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.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Mirae Asset Emerging Bluechip Fund – Growth
A large & mid-cap category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 99.54% investment in Indian stocks of which 48.87% is in large-cap stocks, 24.8% is in mid-cap stocks, and 7.37% in small-cap stocks.
The fund size of the scheme is around Rs 21,932 crores and it charges a total expense ratio of around 1.66%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity-related securities of large-cap and mid-cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity-related securities to achieve optimal Portfolio construction.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
ICICI Prudential Technology Fund – Growth
A sectoral/thematic category equity mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 87.99% investment in Indian stocks of which 72.69% is in large-cap stocks, 6.04% is in mid-cap stocks, and 6.9% in small-cap stocks.
Fund also has 0.11% investment in Debt of which 0.11% in Government securities.
The fund size of the scheme is around Rs 8,742 crores and it charges a total expense ratio of around 2.03%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate long-term capital appreciation by creating a portfolio that is invested in equity and equity-related securities of technology and technology-dependent company/companies.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To All Our Readers!
‘Do you know that you can create a corpus in crores by just investing in thousands per month via SIP in mutual Funds!’
Mutual Fund Investors believe SIP or systematic Investment Plan is the easiest and simple way to invest in Mutual funds, well there’s no doubt about it!
SIP allows investors to start investing small regularly in mutual funds and it is considered the most suitable option for NOVICE INVESTORS or investors who want to invest in the long-term.
Whether market trends are high or low, experts say if you want to start investing in mutual funds, Start Investing Today via SIP!
SIP has features like rupee cost averaging, step-up SIP, and many others that help investors invest smoothly in mutual funds and create big wealth in long term.
Well, here I am listing some of the best SIP Mutual Fund Schemes to invest in this week. These funds are picked up based on their Returns, Latest Nav, Ratings, Performance, etc.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Canara Robeco Bluechip Equity Fund
A large-cap category equity mutual fund, run and managed by Canara Robeco Mutual Fund House. The fund has 99.54% investment in Indian stocks of which 48.87% is in large-cap stocks, 24.8% is in mid-cap stocks, and 7.37% in small-cap stocks.
The fund size of the scheme is around Rs 6,647 crores and it charges a total expense ratio of around 1.86%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The prime objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Mirae Asset Emerging Bluechip Fund
A large-cap category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 92.68% investment in Indian stocks of which 80.29% is in large-cap stocks, 1.85% is in mid-cap stocks.
The fund size of the scheme is around Rs 34,584 crores and it charges a total expense ratio of around 1.69%. Fund also charges a kind of exit load equal to 1.0% of sell value if a fund is sold before 365 days.
The prime objective of the fund is to achieve long-term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity-related securities of Large Cap companies including derivatives.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
UTI Flexi Cap Fund – Growth
A flexible-cap category equity mutual fund, run and managed by UTI Mutual Fund House. The fund has © 96.85% investment in Indian stocks of which 42.16% is in large-cap stocks, 26.8% is in mid-cap stocks, and 11.02% in small-cap stocks.
Fund also has 0.16% investment in Debt of which 0.16% in Government securities.
The fund size of the scheme is around Rs 24,899 crores and it charges a total expense ratio of around 1.84%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies in a flexible manner across the market capitalization spectrum.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Axis Midcap Fund – Growth
A mid-cap category equity mutual fund, run and managed by Axis Mutual Fund House. The fund has 88.21% investment in Indian stocks of which 12.17% is in large-cap stocks, 46.98% is in mid-cap stocks, and 13.8% in small-cap stocks.
The fund size of the scheme is around Rs 17,645 crores and it charges a total expense ratio of around 1.61%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate long-term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large-cap companies.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Kotak Small Cap Fund – Growth
A large-cap category equity mutual fund, run and managed by Kotak Mahindra Mutual Fund House. The fund has 94.93% investment in Indian stocks of which 2.02% is in large-cap stocks, 11.65% is in mid-cap stocks, and 68.45% in small-cap stocks.
The fund size of the scheme is around Rs 7,236 crores and it charges a total expense ratio of around 1.85%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity-related securities by investing predominantly in small-cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Greeting To All our Readers!
Inflation is simply the rising prices of products and commodities over time. This very subject is a matter of major concern to everyone, be it a retailer, a businessman, government, consumers, or investors.
If we look at the numbers, in India, the inflation rate started going up in September 2021 when it was 4.35%, reaching 6.01% in January 2022. It almost doubled in just 4 months!
A matter of concern is that if inflation continued rising this way, it will surely become a value destroyer for everyone. To investors, they must build an investment portfolio that is inflation-proof!
In the way to build an inflation-proof investment portfolio, it is essential to draw up the right investment strategies. In this way, an investor would be able to beat the inflation or at least try to minimize its impact on their wealth creation project.
What Is Inflation?
If we define inflation practically, then, ask yourself, do one rupee today will buy the same value of goods, it bought five years down the line? The answer will be no! Inflation measures the average price level of a basket of goods and services in an economy over a given period.
Why Does Inflation Occur?
There are many reasons why inflation occurs. For the current hike in inflation rate in India, the plausible reasons are supply shocks due to the pandemic which disrupts production, high oil prices, rise in production costs, etc.
Well, an investor who aims to create an investment portfolio that is inflation-proof, should pick up investment tools that retain the capacity to give inflation-beating returns. Below we are discussing some of the investment tools that one can include in their inflation-proof portfolio!!
Equity Mutual Fund, All Time Inflation Beater!
Equity mutual funds are favored because they have outperformed other asset classes and generated inflation-beating returns over long-term investing. It is advised to retail investors that if they want to take short inequities they take the route of mutual fund investing that too via SIP (systematic investment plan) for the long-term.
Therefore, we advise that before the inflation takes the surge, visit your portfolio, and add some equity exposure to it, for this go add a few consistently performing equity mutual fund schemes linked to your long-term goals. Do not forget to diversify your equity fund portfolio across different market caps and sectors, but with proper strategy.
For those who prefer taking part in equity growth by investing in the stock market, I would like to suggest you, do not wait for a market dip. ‘Now is the right time to take part in market investment. Remember at what time you invest is not responsible for creating wealth, instead of how long you invest is!
Stock markets do not travel in a linear route and there can be several dips and spikes over a long period. You can use a dip in the markets to add more money to your portfolio but it is just not worth waiting for a market dip to start investing.
Gold, Silver Another Way To Deal With Rising Inflation!
Gold is a real, physical asset, and tends to hold its value for the most part. Silver, again another precious metal, has a lot of industrial value (apart from jewelry usage) as it is an important component in electronics and emerging technology products. As far as investors are concerned, instead of buying gold in physical form, one can buy gold and silver exchange-traded funds (ETFs).
Last but not the least, rising inflation has the full potential to eat up your saving and investments if not protected against inflation at right time. So, before inflation decides whether it is transitory or permanent in the economy, reallocate your assets and create a shield for your investment portfolio against rising inflation!
You can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible. Keep reading our article and stay updated with the latest news about Mutual Funds!
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Children’s Gift Funds are solution-oriented mutual funds especially designed to meet children’s future financial needs like education, marriage expenses, etc. These can be categorized as normal ‘Balanced Mutual Funds’ or ‘Hybrid Funds’. These funds invest in both Equity (shares) and Debt Instruments (Fixed Income Securities).
Let us know about some facts related to Children’s gift Mutual Funds!
Here we have prepared a list of some of the best solution-oriented children’s gift funds so that when you plan for retirement, you can easily pick from these!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
ICICI Prudential Child Care Fund - Gift Plan
It is a children's mutual fund run and managed by ICICI Prudential Mutual Fund House. The fund has 67.43% investment in Indian stocks of which 53.57% is in large-cap stocks, 7.85% is in mid-cap stocks, and 1.86% in small-cap stocks.
Fund also has 20.39% investment in Debt of which 8.7% in Government securities, and 8.79% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs. 859 crores and it charges a total expense ratio of around 2.37%. The fund does not charge any exit load.
The prime objective is to generate capital appreciation by creating a portfolio that is invested in equity and equity-related securities and debt and money market instruments.
LIC MF Children's Fund
It is a children's mutual fund run and managed by LIC Mutual Fund House. The fund has 86.88% investment in Indian stocks of which 64.11% is in large-cap stocks, 10.42% is in mid-cap stocks, and 4.52% in small-cap stocks.
Fund also has 11.23% investment in Debt of which 11.23% in Government securities.
The fund size of the scheme is around Rs. 14 crores, and it charges a total expense ratio of around 2.46%. The fund does not charge any exit load.
The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity-related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.
SBI Magnum Children's Benefit Fund - Savings Plan-Growth
It is a children's mutual fund run and managed by SBI Mutual Fund House. The fund has a 20.93% investment in Indian stocks of which 1.93% is in large-cap stocks, 1.74% is in mid-cap stocks, and 7.1% is in small-cap stocks.
Fund also has 43.17% investment in Debt of which 22.53% in Government securities, and 20.64% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs. 87 crores and it charges a total expense ratio of around 1.24%. The fund has an exit load equal to 3.0% of the sell value, if the fund is sold before 365 days, and 2.0% of the sale value if the fund is sold before 730 days. and 1.0% of the sell value if the fund is sold before 1095 days. There are no other charges.
The primary investment objective of the scheme is to provide the investors an opportunity to earn regular income predominantly through investment in debt and money market instruments and capital appreciation through an actively managed equity portfolio.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Solution Orientation Mutual Funds, help investors get the benefit of choosing already customized portfolios based on the risk and primary goal of an investment.
Solution-Oriented Funds are customizable as per the future financial requirement of an investor. These funds are specially designed for individuals' retirement planning and their child’s future planning!
Retirement Funds-
AMCs offer systematic investment plans to invest in such mutual funds, where the amount can be used to invest systematically in either debt fund or equity fund as per investors' risk profile.
Such funds come with a mandatory lock-in period of 5 years, that too with no premature withdrawals. This strict and long lock-in period, keep the corpus for a long time for maximum gains.
Here we have prepared a list of some of the best solution-oriented retirement so that when you plan for retirement, you can easily pick from these!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Best Solution-Oriented Retirement Funds!
Tata Retirement Savings Fund Moderate Plan-Growth
It is a retirement mutual fund run and managed by TATA Mutual Fund House.
The fund has 77.94% investment in Indian stocks of which 44.26% is in large-cap stocks, 15.24% is in mid-cap stocks, and 6.88% in small-cap stocks.
Fund has 14.47% investment in Debt of which 4.09% in Government securities, 10.38% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs. 1,574 crores and it charges a total expense ratio of around 0.65%. The fund also charges a kind of exit load equal to 1.0% of the sell value.
The prime objective of the scheme is to provide a financial planning tool for long-term financial security for investors based on their retirement planning goals.
UTI Retirement Benefit Pension Fund
It is a retirement mutual fund run and managed by UTI Mutual Fund House.
The fund has 39.49% investment in Indian stocks of which 26.02% is in large-cap stocks, 5.12% is in mid-cap stocks, and 3.07% in small-cap stocks.
The fund has 57.89% investment in Debt of which 24.88% in Government securities, and 31.82% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs. 3,609 crores and it charges a total expense ratio of around 1.75%. The fund also charges a kind of exit load equal to 1.0% of the sell value.
The investment objective of the scheme is primarily to generate a corpus to provide for pension in the form of periodical income/cash flow to the unitholders to the extent of the redemption value of their holding after the age of 58 years by investing in a mix of securities comprising of debt & money market instruments and equity & equity related instruments.
HDFC Retirement Savings Fund - Equity Plan-Growth
It is a retirement mutual fund run and managed by HDFC Mutual Fund House.
The fund has 88.56% investment in Indian stocks of which 35.9% is in large-cap stocks, 9.9% is in mid-cap stocks, and 32.89% in small-cap stocks.
The fund has 2.48% investment in Debt of which 1.66% is in Government securities, and 0.82% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs. 2,099 crores and it charges a total expense ratio of around 2.32%. The fund does not charge any exit load.
The investment objective of the Scheme is to provide long-term capital appreciation/income by investing in a mix of equity and debt instruments to help investors meet their retirement goals. There is no assurance that the investment objective of the Scheme will be realized.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Mutual Fund Investment is subject to market risk, and investors are advised to read all scheme-related documents carefully before they invest. However, some investors fear taking risks with their hard-earned invested money, but at the same time wish to create wealth and secure their goals!
Well, investors, you need not worry! There are funds associated with low risk that can help you create good wealth for your goals.
Moderate returns over the medium-to-long term can be achieved when investing strategy is focused on protecting the downside. One of the ways to do this have a balanced mix of different asset classes like Equity, Debt & Gold.
Here we have prepared a list of funds that are a mix of different categories that have demonstrated good returns with strong downside protection.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Quant Multi-Asset Fund– Growth
A multi-asset allocation category equity mutual fund, run and managed by Quant Mutual Fund House.
The fund size of the scheme is around Rs 252 crores and it charges a total expense ratio of around 0.5%. The fund does not charge any exit load.
The investment objective of the scheme is to generate capital appreciation & provide long-term growth opportunities by investing in instruments across the three asset classes viz. Equity, Debt, and Commodity. There is no assurance that the investment objective of the Scheme will be realized.
ICICI Prudential Equity & Debt Fund– Growth
An aggressive category Hybrid mutual fund, run and managed by ICICI Prudential Mutual Fund House.
The fund size of the scheme is around Rs 19274 crores and it charges a total expense ratio of around 1.23%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold 365 days before the date of allotment of units.
The objective is to generate long-term capital appreciation and current income by creating a portfolio invested in equity-equity-related securities as well as fixed income and money market securities.
Baroda BNP Paribas Aggressive Hybrid Fund– Growth
An aggressive category hybrid mutual fund, run and managed by BNP Paribas Mutual Fund House.
The fund size of the scheme is around Rs 775 crores and it charges a total expense ratio of around 0.65%. Fund charges exit load equal to 1.0% of sell value if the fund is sold 365 days before the date of allotment of units.
The investment objective of the scheme is to generate income and capital appreciation by investing in a diversified portfolio of equity and equity-related instruments and fixed income instruments.
Edelweiss Aggressive Hybrid Fund– Growth
An aggressive category hybrid mutual fund, run and managed by Edelweiss Mutual Fund House.
The fund size of the scheme is around Rs 188 crores and it charges a total expense ratio of around 0.38%. Fund charges exit load equal to 1.0% of sell value if the fund is sold 365 days before the date of allotment of units.
The investment objective of the scheme is to generate long-term growth of capital and current income through a portfolio investing predominantly in equity and equity-related instruments and the balance in debt and money market securities.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Greeting To Our Readers!
International Equity Mutual Funds, simply funds that in firms or companies of other countries or companies outside the investor’s native country. For example, in the case of India, it would be funds that invest in the equities of companies that are outside India.
These funds are also popular as Overseas Funds or Foreign Funds.
These funds offer a good diversifying and growth option to their investors. Experts say, if you are a mature or high net worth investor who has already exhausted the domestic equity market, then you may consider investing about five to ten percent of your total mutual fund portfolio in the International Mutual Funds.
Investors before investing in International Funds should get themselves prepared for currency risk, they should get sure regarding their investments goal and investment tenure and once they are done, they can plan their investment in International Funds.
Well, for your assistance, we have prepared a list of some of the BEST INTERNATIONAL EQUITY MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Franklin India Feeder - Franklin U.S. Opportunities Fund – Growth
Funds of funds category equity mutual fund, run and managed by Franklin Templeton Mutual Fund House.
The fund size of the scheme is around Rs 3752 crores and it charges a total expense ratio of around 1.54%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days of investment.
The Fund seeks to provide capital appreciation by investing predominantly in units of Franklin U. S. Opportunities Fund, and overseas. Franklin Templeton mutual fund, which primarily invests in securities in the United States of America
ICICI Prudential US Bluechip Equity Fund – Growth
A sectoral/thematic category equity mutual fund, run and managed by ICICI Prudential Mutual Fund House.
The fund size of the scheme is around Rs 2104 crores and it charges a total expense ratio of around 2.25%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 30 days of investment.
The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long-term capital appreciation to investors by primarily investing in equity and equity-related securities of companies listed on recognized stock exchanges in the United States of America.
The Scheme shall also invest in ADRs/GDRs issued by Indian and foreign companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
PGIM India Global Equity Opportunities Fund – Growth
Funds of funds category equity mutual fund, run and managed by PGIM India Mutual Fund House.
The fund size of the scheme is around Rs 1537 crores and it charges a total expense ratio of around 3.26%. The fund charges an exit load equal to 0.5% of sell value if the fund is sold before 90 days of investment.
The primary investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of units of overseas mutual funds.
Nippon India US Equity Opportunities Fund – Growth
A sectoral/thematic category equity mutual fund, run and managed by Nippon India Mutual Fund House.
The fund size of the scheme is around Rs 568 crores and it charges a total expense ratio of around 2.58%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 30 days of investment.
The primary investment objective of the Scheme is To provide long-term capital appreciation to investors by primarily investing in equity and equity-related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting to All Our Readers!
Financial Immunity means having proper health insurance and life insurance coverage protection. This fact was very well understood during the recent COVID pandemic the world went through!
Well, life insurance policies have been a part of Indian households for decades, generations of different ages have opted for life insurance policies to protect their family after them. However, a survey recently conducted states that the ratio of people aware of the importance of life insurance to the number of people who bought life insurance policies differs!
The survey states that while the awareness of the need for a life insurance policy is at 91 percent, the actual number of people who own one is lower at 60 percent.
KEY TAKEAWAYS-
Experts say the above difference in ratio can be because of high premiums, high tax rates, and lower adoption of technology, among others. However, during the COVID pandemic, insurance companies brought massive digital transformation and technology adoption among businesses as well as consumers.
After these transformations, individuals who still put life insurance back forth, must take a relook at the essentiality of life insurance seriously! Well, after you decide to get a life insurance cover, the second part comes which LIFE INSURANCE POLICY is best suitable for you? How to decide?
Come Let Us See!
What To Watch Out Before Choosing Your Life Insurance Policy?
Life insurance provides cover to your family, simply financial protection after you! Thus, before you purchase one, it is mandatory to pick up the most suitable one.
Let’s look at the key things you must remember before you purchase a life insurance policy:
Service Quality Of The Company!
The Service quality of any insurance company is decided on two things, what the policy offers (technical quality) and how the policy is given (functional quality).
Both these standards when analyzed, how compressive the insurance policy is and how it addresses one needs. Also, it helps an individual know how smooth is the process of purchasing a life insurance policy.
Both, the technical service, and functional service quality of the insurance provider decide how much the customer is satisfied with the policy and its service. This way the policy gets popularized and maintains a high number of customers for the company. However, not customer addition is necessary but customer retention also is!
The service quality of an insurance company must include, explaining every necessary detail related to the policy, purchase process of the policy, important steps in the claim process, providing the right policy for the consumer, and more.
Do Track The Record Of Insurer!
Life insurance is financial protection for your family after you; thus, it might be purchased from a company that is trusted by more and more!
An individual must have the record of the insurer before he decides to purchase the policy. Just like any investment, the track record of every insurance company is available online.
Before you purchase a policy, make sure that the company that you go ahead with has a clear record with no complaints regarding claims, etc.
Pitfalls like delayed processing of claims and bad customer service reflect the lack of the track record of any insurance company!
Do Evaluate The Strength Of The Company!
According to the survey conducted by the Life Insurance Council, some of the key barriers to people investing in insurance are mistrust and unethical practices used for sales.
Information on the company’s profile and standing is available on various websites online. Making an informed choice by reading online reviews and also taking feedback from friends and relatives can help as well.
Has The Insurance Company Adopted Technology?
In modern terms, insure-tech has gained great popularity and is becoming a crucial part of the industry. Artificial intelligence (AI) provides the much-needed personalization that modern buyers are looking for.
Consumers need to be aware of the available technologies in the market and choose the company best equipped with these to ensure top-notch customer service at any hour.
You can contact your insurer or can visit Ashutosh Securities Pvt. Ltd. for any further assistance in mutual fund investment. Keep reading our article and stay updated with the latest news about Health Insurance and Life Insurance!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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ELSS (Equity Linked Saving Scheme), is a mutual fund scheme that is included in Section 80C of the Income Tax Act. That means, investing in this fund can help you save up to 1.5 lakh of tax from your annual tax regime.
There are also other tax-saving tools under Section 80C like fixed deposits, RD, Public Provident Fund, National Pension Scheme, and many more, but out of all these ELSS is preferred more because not only does it help you save tax but also creates wealth!!
The ELSS mutual fund offers high returns, it has a higher risk compared to other avenues like PPF, life insurance policies, etc. Well, some smart investing tips and tricks can help an investor invest smartly in ELSS, manage the high risk and create big wealth from their investment.
Here are the smart tips and tricks to invest in ELSS!!
Choose SIP, Not Lump-sum!
Financial experts suggest, while investing in ELSS, don’t invest all amount in one go, at the end of the year. They say ELSS funds are equity category funds, thus investing in these funds via monthly SIP help buy units smartly and create big wealth in long term.
Also, they say if investing in ELSS is for tax saving purposes, then don’t push the plan to the last moment, instead start a SIP in an ELSS fund from April through the whole financial year so that you do not get worried by the volatility.
Do Evaluate Long-Term Performance!
When people invest in any fund, they generally look at the recent performance however experts suggest do consider evaluating past performance also.
Investors should not only look at the 5-7 years of performance of a scheme but also how long the fund manager has been at the helm of the fund. This helps them know about the strategies used by the fund manager to deal with the market volatilities.
Do Not Choose Dividend While Investing In ELSS!
Tax rules have changed in the past two years. Dividends are now taxable, as are long-term capital gains beyond Rs 1 lakh. While it is possible to manage and adjust the tax on capital gains, the dividends are added to income and taxed at normal rates. So, don’t go for the dividend option in your ELSS fund.
Keep Monitoring While Investing!
While holding equity funds for long periods is a good strategy and helps build wealth in the long term, investors need to monitor their portfolios as well. This helps you identify which fund in your portfolio is performing as per your goal, and which fund is underperforming its benchmark.
You can also think of replacing your underperforming fund with another suitable fund. Before you take any action do consult your financial adviser.
How to Know Which ELSS Fund Is Best For You?
Financial experts say, pick the best ELSS mutual fund scheme for you based on your risk capacity. Like if you can take high risk in your investing then pick ELSS schemes associated with high risk. These funds have over 40% of their corpus in mid-and small-cap stocks, these funds can be very rewarding in bullish times.
If your risk capacity is moderate then, pick ELSS schemes associated with moderate risk. These schemes have 75-80% of their corpora in large-cap stocks so will not be very volatile. But returns will also be relatively sedate.
You can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible. Keep reading our article and stay updated with the latest news about Mutual Funds!
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(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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Mutual Fund Schemes are divided into categories, like Equity, Debt, Hybrid, Flexi, and many others. Each of these category funds is associated with different levels of risk, some with high like Equity Funds, while some with low risk, like debt funds.
Fund from categories like hybrid and Flexi are associated with moderate risk and are taken as bets suitable funds for investors who aim to create wealth but do not want to take the high risk! They are also taken the best option for low-experienced investors or new investors.
Moderate risk funds, as the name suggests, expose investors' capital to only average levels of risk. The best moderate risk funds invest in varied securities to maintain reasonable market risks against inflation-adjusted returns!
Well, here we are discussing funds that are associated with moderate risk and considered suitable for investors with low-risk capacity but wealth-creating goals!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Canara Robeco Conservative Hybrid Fund- Growth
A conservative fund category hybrid mutual fund, run and managed by Canara Robeco Mutual Fund House. The fund has 24.26% investment in Indian stocks of which 13.81% is in large-cap stocks, 4.09% is in mid-cap stocks, and 1.8% in small-cap stocks.
The fund has 64.74% investment in Debt of which 31.37% in Government securities, and 33.37% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 1,110 crores and it charges a total expense ratio of around 1.88%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The Scheme aims to generate income by investing in a wide range of debt securities and Money Market Instruments of various maturities and risk profiles and a small portion of investment in equities and equity-related instruments.
ICICI Prudential Short Term Fund – Growth
A short-duration fund category debt mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 88.86% investment in Debt of which 26.03% in Government securities, and 62.89% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 18,376 crores and it charges a total expense ratio of around 1.13%. The fund does not charge any kind of exit load.
The objective of the scheme is to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety, and liquidity.
Aditya Birla Sun Life Short Term Fund- Growth
A short-duration fund category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 96.59% investment in Debt of which 21.64% in Government securities, and 74.61% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 8,427 crores and it charges a total expense ratio of around 0.41%. The fund does not charge any kind of exit load.
The investment objective of the Scheme is to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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Liquid Mutual Funds also referred to as Emergency Mutual Funds, are debt schemes, that are least risky and ideal for very short-term investment. In general, experts take this fund type as the best alternative to savings bank accounts or Fixed Deposits!
Liquid funds aim to generate good returns over a short period, its fund manager, mostly invests in high credit quality debt instruments, with short-term maturities (up to 6 months).
In short, liquid funds are the best option for those investors, who are looking for a short-term investment, to park their idle cash, and earn some benefits.
Well, investors can also use their liquid fund investment for investing in an equity fund. For that, they can initially invest the money in a liquid fund, and then opt for a Systematic Transfer Plan (STP), to an equity fund of their choice.
For such investors, we have prepared a list of some of the BEST LIQUID MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
ICICI Prudential Liquid Fund – Growth
A liquid fund category debt mutual fund, run and managed by Axis Mutual Fund House. The fund has 99.25% investment in Debt of which 24.24% in Government securities, and 74.98% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 34,603 crores and it charges a total expense ratio of around 0.29%. The fund charges a very small amount as exit load on different redemption conditions like:
The Scheme aims to provide reasonable returns commensurate with low risk and provide a high level of liquidity, through investments made primarily in the money market and debt instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts or Fixed Deposits.
UTI Liquid Cash Plan-Growth
A liquid fund category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 200.56% investment in Debt of which 57.26% in Government securities, and 143.3% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 27,779 crores and it charges a total expense ratio of around 0.24%. The fund charges a very small amount as exit load on different redemption conditions like:
The objective of the scheme is to generate steady and reasonable income, with low risk and a high level of liquidity from a portfolio of money market securities and high-quality debt.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts or Fixed Deposits.
Baroda BNP Paribas Liquid Fund– Growth
A liquid fund category debt mutual fund, run and managed by Nippon India Mutual Fund House. The fund has 104.77% investment in Debt of which 27.15% in Government securities, and 77.62% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 4,700 crores and it charges a total expense ratio of around 0.16%. The fund charges a very small amount as exit load on different redemption conditions like:
The objective of the scheme is to generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts or Fixed Deposits.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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Flexi-Cap Equity Mutual Funds, are diversified equity funds that invest across different market caps such as – large-cap, mid-cap & small-cap, they master balancing the portfolio.
The asset allocation strategy of Flexi-cap mutual funds is much more flexible than that of multi-cap mutual funds. Unlike multi-cap equity funds, the fund managers of Flexi-cap funds can reduce their exposure to mid and small-cap stocks to zero.
This flexibility allows them to allocate a larger proportion of their portfolio to large-cap stocks if needed.
By investing in the best diversified Flexi Cap equity funds, investors can earn slightly more stable returns, however, they would still be affected by the volatility of equities during a turbulent market condition.
Here we have some of the BEST FLEXI-CAP MUTUAL FUNDS listed below, for your assistance!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Franklin India Flexi Cap Fund
A flexible-cap category equity mutual fund, run and managed by Franklin India Mutual Fund House. The fund has 97.19% investment in Indian stocks of which 69.83% is in large-cap stocks, 14.1% is in mid-cap stocks, and 3.63% in small-cap stocks.
The fund size of the scheme is around ₹ 10,114 crores and it charges a total expense ratio of around 1.15%. The fund also charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary objective of the scheme is to provide growth of capital plus regular dividend through investment in equities, fixed income securities, and money market instruments.
These funds are best recommended to investors who are looking to invest money for at least 3-to 4 years and looking for high returns.
UTI Flexi Cap Fund
A flexible-cap category equity mutual fund, run and managed by UTI Mutual Fund House. The fund has 96.85% investment in Indian stocks of which 42.16% is in large-cap stocks, 26.8% is in mid-cap stocks, and 11.02% in small-cap stocks.
The fund has 0.16% investment in Debt of which 0.16% in Government securities.
The fund size of the scheme is around ₹ 24,899 crores and it charges a total expense ratio of around 0.93%. The fund also charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies in a flexible manner across the market capitalization spectrum.
HDFC Flexi Cap Fund
A flexible-cap category equity mutual fund, run and managed by HDFC Mutual Fund House. The fund has 97.75% investment in Indian stocks of which 74.34% is in large-cap stocks, 9.53% is in mid-cap stocks, and 5.56% in small-cap stocks.
The fund size of the scheme is around ₹ 27,496 crores and it charges a total expense ratio of around 1.07%. The fund also charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary objective of the scheme is to generate capital appreciation/income from a portfolio, predominantly invested in equity & equity-related instruments. There is no assurance that the investment objective of the Scheme will be realized.
These funds are best recommended to investors who are looking to invest money for at least 3-to 4 years and looking for high returns.
Canara Robeco Flexi Cap Fund
A flexible-cap category equity mutual fund, run and managed by Canara Robeco Mutual Fund House. The fund has 93.51% investment in Indian stocks of which 60.31% is in large-cap stocks, 12.52% is in mid-cap stocks, and 5.29% in small-cap stocks.
The fund size of the scheme is around ₹ 7,256 crores and it charges a total expense ratio of around 0.57%. The fund also charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary objective of the scheme is to generate capital appreciation by investing in equity and equity-related securities.
These funds are best recommended to investors who are looking to invest money for at least 3-to 4 years and looking for high returns.
SBI Flexi Cap Fund
A flexible-cap category equity mutual fund, run and managed by SBI Mutual Fund House. The fund has 93.11% investment in Indian stocks of which 53.52% is in large-cap stocks, 12.41% is in mid-cap stocks, and 10.42% is in small-cap stocks.
The fund size of the scheme is around ₹ 15,736 crores and it charges a total expense ratio of around 0.87%. The fund also charges an exit load equal to 1.0% of sell value if the fund is sold before 30 days.
The primary objective of the scheme is to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments.
These funds are best recommended to investors who are looking to invest money for at least 3-to 4 years and looking for high returns.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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Hybrid Mutual Funds are simply a combination or mix of Equity Funds and Debt Funds, specially tailored for investors who want high returns but do not want to take the high risk!
Hybrid funds approach raising wealth appreciation, in the long run, and focus to generate income in the short-term, through a balanced portfolio.
Benefits of Hybrid Funds
Well, as an investor, you are also in search of a low-risk fund that gives optimal returns in long term, then end your search at hybrid funds and plan your investment in the same. Below, we are discussing some of the best Hybrid Mutual Funds where one can plan their investments, do have a look!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Aditya Birla Sun Life Equity Hybrid 95 Fund– Growth
An aggressive category hybrid mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 77.28% investment in Indian stocks of which 42.93% is in large-cap stocks, 17.35% is in mid-cap stocks, and 5.98% is in small-cap stocks.
The fund has 17.24% investment in Debt of which 1.52% in Government securities, and 15.42% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 8460 crores and it charges a total expense ratio of around 2.05%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 90 days.
The objective of the scheme is to generate long-term growth of capital and current income, through a portfolio investing in equity, debt, and money market securities. The secondary objective is income generation and distribution of dividends.
ICICI Prudential Equity & Debt Fund – Growth
An aggressive category hybrid mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 72.2% investment in Indian stocks of which 60.4% is in large-cap stocks, 6.48% is in mid-cap stocks, and 2.08% in small-cap stocks.
The fund has 22.7% investment in Debt of which 11.09% in Government securities, and 10.85% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 18,714 crores and it charges a total expense ratio of around 1.8%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The prime objective is to generate long-term capital appreciation and current income by creating a portfolio invested in equity-equity-related securities as well as fixed income and money market securities.
LIC MF Equity Hybrid Fund - Plan C – Growth
An aggressive category hybrid mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 76.14% investment in Indian stocks of which 46.57% is in large-cap stocks, 13.68% is in mid-cap stocks, and 6.74% in small-cap stocks.
The fund has 22.05% investment in Debt of which 20.83% in Government securities, and 1.22% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 435 crores and it charges a total expense ratio of around 2.6%. The fund charges an exit load equal to 1.0% of sell value if the fund is sold before 365 days.
An open income and Growth scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt.
ICICI Prudential Regular Savings Fund – Growth
A conservative category hybrid mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 22.52% investment in Indian stocks of which 19.85% is in large-cap stocks, 1.14% is in mid-cap stocks, and 0.85% in small-cap stocks.
The fund has 69.69% investment in Debt of which 15.79% in Government securities, and 48.33% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 3,303 crores and it charges a total expense ratio of around 1.75%. The fund does not charge exit load.
The prime objective of the fund is to generate regular income through investments primarily in debt and money market instruments. As a secondary objective, the Scheme also seeks to generate long-term capital appreciation from the portion of equity investments under the Scheme.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 06299924337or mail us at- customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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ELSS (Equity Linked Saving Scheme), a tax-saving mutual fund scheme is the answer to all your tax troubles. These funds not only help save taxes on your returns, in fact being an equity-related fund, it also helps build wealth over the long term.
ELSS or Equity Linked Saving Schemes, are Equity mutual fund schemes, made specifically, for those investors who want to generate wealth through investment and at the same time also want tax-saving returns.
As per SEBI (Security Exchange Board of India) and Section 80C of The Income Tax Act, investment up to Rs 1.5 lakh per annum in ELSS mutual funds offers tax-saving returns to its investors.
Well, for you we have prepared a list of some of the BEST ELSS MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
DSP Tax Saver Fund– Growth
An ELSS category equity mutual fund, run and managed by DSP Mutual Fund House. The fund has 98.38% investment in Indian stocks of which 56.21% is in large-cap stocks, 20.06% is in mid-cap stocks, and 11.06% is in small-cap stocks.
The fund size of the scheme is around Rs 9,397 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity-related securities of corporates and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
Mirae Asset Tax Saver Fund
An ELSS category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 99.57% investment in Indian stocks of which 63.64% is in large-cap stocks, 11.84% is in mid-cap stocks, and 5.83% is in small-cap stocks.
The fund size of the scheme is around Rs 10, 802 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
BOI AXA Tax Advantage Fund– Growth
An ELSS category equity mutual fund, run and managed by BOI AXA Mutual Fund House. The fund has 95.61% investment in Indian stocks of which 36.33% is in large-cap stocks, 19.4% is in mid-cap stocks, and 13.99% in small-cap stocks.
Fund also has 0.1% investment in Debt of which 0.1% in Government securities.
The fund size of the scheme is around Rs 539 crores and it charges a total expense ratio of around 2.22%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The prime objective of the fund is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalizations. The Scheme is like a diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
Union Long Term Equity Fund – Growth
An ELSS category equity mutual fund, run and managed by Union Mutual Fund House. The fund has 95.39% investment in Indian stocks of which 64.43% is in large-cap stocks, 9.69% is in mid-cap stocks, and 5.97% is in small-cap stocks.
The fund has 0.11% investment in Debt of which 0.11% in Government securities.
The fund size of the scheme is around Rs 453 crores and it charges a total expense ratio of around 2.47%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
UTI Long Term Equity Fund- Growth
An ELSS category equity mutual fund, run and managed by UTI Mutual Fund House. The fund has 99% investment in Indian stocks of which 46.69% is in large-cap stocks, 17.46% is in mid-cap stocks, and 14.52% is in small-cap stocks.
Fund also has 0.16% investment in Debt of which 0.16% in Government securities.
The fund size of the scheme is around Rs 2796 crores and it charges a total expense ratio of around 2.26%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Health insurance is comprised of different terms, that must be understood by the individual before they buy the plan. Understanding these terms help the individual decide which plan is best for them, and they can buy the same. It also helps ease the claim process.
Today through this article we are discussing one of the terms used in Health insurance which is DEDUCTIBLES! Read below to know about the same.
What Are The Deductibles In Health Insurance In India?
A deductible is an amount that a policyholder has to pay before the insurance company starts paying up. In other words, the insurance company is liable to pay the claim amount only when it exceeds the deductible.
If the deductible of your policy is Rs 30,000 and the claim by the insured is Rs 40,000, then the insurance company is liable to pay only Rs 10,000. However, if the claim amount is less than the deductible, the insurer is not liable to pay any amount.
Here you must note that for high deductible policies, the premium is lower while the low deductible policies charge a higher premium.
Significance Of Deductibles In Health Insurance!
Deductibles prevent people from making trivial claims or going in for unnecessary treatment and hospitalization just because they have insurance cover. Policies with high deductibles mean that you pay a lower premium which is a benefit for you over the years.
You do not file unnecessary claims for small amounts and receive a No Claim bonus. The cumulative bonuses help to increase the coverage amount in the long run.
Well, the flip side of a deductible is your insurance cover is practically useless if your treatment costs do not exceed the minimum specified deductible. So, understand health insurance terms before you opt for cover from an insurer.
What Is Co-Pay Clause In Health Insurance?
A co-pay is a fixed amount that the insured has to pay for a covered medical service and the insurer takes care of the rest of the amount. The co-pay amount depends on the nature of the treatment and medications.
If your policy has a co-pay clause of 10% and your claim is Rs 50,000, then you will have to pay Rs 5,000. The remaining amount will be covered by the insurer.
The purpose of the co-pay clause is to discourage people from making trivial or unnecessary claims and also to reduce the burden on the insurers. If people have MEDICAL INSURANCE, they assume they can undergo treatment at the most expensive hospitals. Co-pay acts as a deterrent.
What To Choose Deductible Or Co-Pay Clause?
Whether one needs to opt for a deductible or co-pay insurance depends largely on several factors - present and past medical condition, lifestyle, pre-existing illness, good physical condition, etc.
It is advisable to examine the health insurance details and understand the health insurance terms before blindly signing up for the policy. This way you avoid unpleasant surprises when you file a claim.
You can contact your insurer or can visit Ashutosh Securities Pvt. Ltd. for any further assistance in mutual fund investment. Keep reading our article and stay updated with the latest news about Health Insurance and Life Insurance!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
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Debt Mutual Funds, are simply a financial tool that helps investors achieve their short-term money requirement, without derailing their long-term investments!
They are taken as the best tool for generating regular income with low risk. Also, investors investing in debt funds can anytime withdraw the required money from their debt investment.
These funds are best suggested to investors who are looking for a place to park their money for the short term prominently for capital protection.
Well, if you are looking for a fund to park your money for short-term or for short-term money requirements, then end your research at Debt funds, and plan your investment in the same.
Below, we are discussing some of the best Debt Mutual Funds where one can plan their investments, do have a look!
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
ICICI Prudential Liquid Fund- Growth
A liquid fund category debt mutual fund, run and managed by ICICI Prudential Mutual Fund House. The fund has 79% investment in Debt of which 28.91% in Government securities, 50.13% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 42,893 crores and it charges a total expense ratio of around 0.29%. The fund charges a very small amount as exit load on different redemption conditions like:
The Scheme aims to provide reasonable returns commensurate with low risk and provide a high level of liquidity, through investments made primarily in the money market and debt instruments.
HDFC Floating Rate Debt Fund -Growth
A floater fund category debt mutual fund, run and managed by HDFC Mutual Fund House. The fund has 96.99% investment in Debt of which 28.05% in Government securities, and 68.94% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 20,734 crores and it charges a total expense ratio of around 0.48%. The fund does not charge any exit load.
The prime objective of the fund is to generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed-rate debt instruments swapped for floating rate returns, and money market instruments.
Aditya Birla Sun Life Savings Fund - Retail – Growth
An ultra-short duration fund category debt mutual fund, run and managed by Aditya Birla Sun Life House. The fund has 94.78% investment in Debt of which 14.97% in Government securities, and 79.79% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 15,456 crores and it charges a total expense ratio of around 0.5%. The fund does not charge any exit load.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio.
The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, and cash and cash equivalents.
HDFC Overnight Fund – Growth
An overnight fund category debt mutual fund, run and managed by Kotak Mahindra Mutual Fund House. The fund has 1.52% investment in Debt of which 1.52% in Government securities.
The fund size (Asset Under Management) of the scheme is around Rs 160,18 crores and it charges a total expense ratio of around 0.77%. The fund has no exit load charge.
The prime objective of the fund is to generate returns through investments in debt and money market instruments with overnight maturity. There is no assurance that the investment objective will be achieved.
Aditya Birla Sun Life Money Manager Fund – Growth
A money market category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 97.07% investment in Debt of which 17.45% in Government securities, and 79.6% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 16,480 crores and it charges a total expense ratio of around 0.33%. The fund has no exit load charge.
The primary objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Greeting To Our Readers!
Equity Mutual Funds are schemes that are designed for investors who are eager to make more money from their saved money. These funds help investors grow a big wealth corpus by investing in these funds for the long term.
For wealth creation or for goals that are far apart say 5-10 years away to achieve, experts suggest investing in Equity mutual funds. These funds invest in stocks and shares of different companies and tend to generate good returns in long term.
Are you planning to invest in the long term? If yes, I suggest investing in equity mutual funds. Here we have discussed some of the BEST EQUITY MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Canara Robeco Bluechip Equity Fund
A large-cap category equity mutual fund, run and managed by Canara Robeco Mutual Fund House. The fund has 96.18% investment in Indian stocks of which 76.47% is in large-cap stocks, and 7.82% is in mid-cap stocks.
The fund size of the scheme is around Rs 6,142 crores and it charges a total expense ratio of around 1.87%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The prime objective of the fund is to provide capital appreciation by predominantly investing in companies having a large market capitalization. This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Baroda BNP Paribas Large Cap Fund
A large-cap category equity mutual fund, run and managed by BNP Paribas Mutual Fund House. The fund has 93.01% investment in Indian stocks of which 75.55% is in large-cap stocks, 6.33% is in mid-cap stocks, and 1.77% in small-cap stocks.
The fund size of the scheme is around Rs 1,213 crores and it charges a total expense ratio of around 2.17%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity-related securities. The Scheme will invest in a range of companies, with a bias towards large & medium market capitalization companies.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Quant Mid Cap Fund
A mid-cap category equity mutual fund, run and managed by Quant Mutual Fund House. The fund has 98.13% investment in Indian stocks of which 18.99% is in large-cap stocks, 40.22% is in mid-cap stocks, and 29.06% in small-cap stocks.
The fund size of the scheme is around Rs 283 crores and it charges a total expense ratio of around 2.25%. Fund also charges a kind of exit load equal to 1.0% of sell value if the fund is sold before 365 days.
The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Mid Cap companies. There is no assurance that the investment objective of the Scheme will be realized.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
PGIM India Midcap Opportunities Fund
A mid-cap category equity mutual fund, run and managed by PGIM India Mutual Fund House. The fund has 95.16% investment in Indian stocks of which 10.23% is in large-cap stocks, 41.29% is in mid-cap stocks, and 30.77% in small-cap stocks.
The fund size of the scheme is around Rs 4,360 crores and it charges a total expense ratio of around 2.14%. Fund also charges a kind of exit load equal to 0.5% of sell value if the fund is sold before 90 days.
The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity-related instruments of mid-cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Union Long Term Equity Fund
An ELSS category equity mutual fund, run and managed by Union Mutual Fund House. The fund has 95.39% investment in Indian stocks of which 64.43% is in large-cap stocks, 9.69% is in mid-cap stocks, and 5.97% is in small-cap stocks.
The fund has 0.11% investment in Debt of which 0.11% in Government securities.
The fund size of the scheme is around Rs 453 crores and it charges a total expense ratio of around 2.47%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The objective of the Scheme is to generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
Mirae Asset Tax Saver Fund– Growth
An ELSS category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 99.57% investment in Indian stocks of which 63.64% is in large-cap stocks, 11.84% is in mid-cap stocks, and 5.83% is in small-cap stocks.
The fund size of the scheme is around Rs 10,802 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
Navi Nifty 50 Index Fund
An index fund category equity mutual fund, run and managed by NAVI Mutual Fund House. The fund has 99.71% investment in Indian stocks of which 90.12% is in large-cap stocks, and 0.59% is in mid-cap stocks.
The fund size of the scheme is around Rs 167 crores and it charges a total expense ratio of around 0.26%. The fund does not charge any exit load.
The investment objective of the scheme is to achieve a return equivalent to the Nifty 50 Index by investing in stocks of companies comprising the Nifty 50 Index, subject to tracking error.
Aditya Birla Sun Life Nifty Next 50 Index Fund
An index fund category equity mutual fund, run and managed by UTI Mutual Fund House. The fund has 99.94% investment in Indian stocks of which 57.94% is in large-cap stocks, 31.56% is in mid-cap stocks, and 4.25% in small-cap stocks.
The fund size of the scheme is around Rs 24 crores and it charges a total expense ratio of around 0.3%. Fund also charges a kind of exit load equal to 0.25% of sell value if the fund is sold before 3 days
The investment objective of the Scheme is to provide returns that closely track the total returns of securities as represented by the Nifty Next 50 Index, subject to tracking errors.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com.
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To All Our Readers!
Mutual Fund Factsheet is a sheet that gives every necessary detail of any specific fund. You might have heard through mutual fund brokers or distributors that “For more details of the fund, kindly refer to fund factsheet”.
This is only because a fund factsheet gives every necessary detail about the fund to investors that they must know before they plan and start investing in that specific fund.
Experts say if you are planning to invest in mutual funds, do refer to the fund factsheet before you invest. However, DIY investors often have queries that what to look for and analyze the fund in the fund factsheet!
They are unaware of how to read a fund factsheet! If you are one among them do read below, as we have discussed what is a mutual fund factsheet, and How Investors Should Read A Mutual Fund Factsheet!
What Is A Mutual fund Factsheet?
A Mutual Fund Factsheet is an essential document that is prepared or designed in a way that it gives an overview of mutual fund schemes and their performance. This factsheet is a great help when it comes to the analysis of any mutual fund scheme.
Investors through this report can easily evaluate a mutual fund scheme and learn the pros and cons of the same. A fact sheet provides a simple and understandable picture of the fund through simple descriptions and illustrations through charts. Also, you should know that Mutual fund sheets are disclosed monthly.
How To Read A Mutual Fund Factsheet?
Well, below we are discussing mutual fund factsheet elements that investors must go through before they plan and start investing in the same.
Performance Of The Fund!
This section in the factsheet helps you get information about eth past performance of the fund. Although past performance is not the parameter to gauge future performance, it gives you an idea about how that particular scheme may perform in the future.
Check the performance of the schemes concerning its benchmark frequently to understand consistency in performance.
Allocations Of The Fund!
This section gives you information about where the fund has invested its money, in which sector, and in which industry. It also helps you analyze easily whether your portfolio is sufficiently diversified across sectors.
It’s very important to know what happens to your money after investment. Industry allocations and portfolio holdings help you know the break-up of where your money has been invested by the fund houses.
Expense Ratio Fund Charges!
Expense ratios are mandatory to be stated in the factsheet as they can significantly affect returns. It is the cost of running and managing a mutual fund scheme that is charged to the investor. The total expense ratio on the factsheet shows the break-up of direct and regular plans for all the schemes provided by the fund house.
While expense ratio is important, it should not be the only criterion while selecting funds. A fund with a solid track record but a higher expense ratio may be better than one which charges less but gives poor returns.
Scheme Details Must Be Analyzed!
This section helps you know about the basic details of the fund like its Net Asset Value (NAV), Assets Under Management (AUM), Benchmark Index, and many more.
Check the Net Asset Value (NAV) for regular and direct plans and the monthly AUM in the scheme. Standard deviation and portfolio turnover ratio could be the right factors to learn deeper about how a scheme has been doing.
All the schemes are segmented according to the risk involved. Do check the product labeling in the form of a viscometer. Check exit load, as affects your returns on exit, which means, the higher returns higher amount gets deducted on exit.
Fund Manager’s Experience And Strategy Must Know!
Fund managers invest your money as per the asset allocation of the scheme. The factsheet provides details of the fund managers including the various funds they manage. Understand the expertise of your fund manager and find out their track record which helps you worry less about your investments.
You can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible. Keep reading our article and stay updated with the latest news about Mutual Funds!
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Greeting To All Our Readers!
Mutual Fund Investment works on the mantra, ‘The Long You Invest, The Big You Accumulate’! Even the experts advise their clients or customers, to plan for long-term investment if they want to create big wealth.
SIP in Mutual Funds is the most efficient and easiest way to put a small amount regularly in a mutual fund, to create big wealth in long term. Experts say every time is the best time to start your investment in mutual funds when you invest via SIP. In fact, with SIP in mutual funds, experts say, The Early You Start, The Long You Carry, The Big You Create!
With the onset of February 2022, we suggest you plan your investment in Mutual funds to create wealth and secure your big financial goals in life!
Here are a few best mutual fund schemes where you can consider investing in February 2022!
IIFL Focused Equity Fund – Growth
A focused category equity mutual fund, run and managed by IIFL Mutual Fund House. The fund has 92.58% investment in Indian stocks of which 53.69% is in large-cap stocks, 16.79% is in mid-cap stocks, and 12.36% is in small-cap stocks.
The fund size of the scheme is around Rs 2,640 crores and it charges a total expense ratio of around 1.97%. Fund also charges a kind of exit load equal to 1.0% of sell value if a fund is sold before 365 days.
The prime objective of the fund is to achieve long-term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity-related securities of Large Cap companies including derivatives.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Parag Parikh Flexi Cap Fund – Growth
A flexible-cap category equity mutual fund, run and managed by Parag Parikh Mutual Fund House. The fund has 65.65% investment in Indian stocks of which 44.77% is in large-cap stocks, 2.83% is in mid-cap stocks, and 11.93% in small-cap stocks.
The fund size of the scheme is around Rs 20,130 crores and it charges a total expense ratio of around 1.81%. Fund also charges a kind of exit load equal to 2.0% of sell value if the fund is sold before 365 days and 1.0% if the fund is sold before 730 days. There are no other charges.
The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio primarily of equity and Equity Related Securities.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Aditya Birla Sun Life Savings Fund – Retail
An ultra-short-duration category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 94.78% investment in Debt of which 14.97% in Government securities, and 79.79% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 15,456 crores and it charges a total expense ratio of around 0.5%.
The primary objective of the schemes is to generate regular income through investments in debt and money market instruments. Income may be generated through the receipt of coupon payments or the purchase and sale of securities in the underlying portfolio.
The schemes will under normal market conditions, invest its net assets in fixed income securities, money market instruments, and cash and cash equivalents.
This fund is best recommended to investors who want to invest for 1-3 years and are looking for alternatives to bank deposits.
HDFC Floating Rate Debt Fund
A floater category debt mutual fund, run and managed by HDFC Mutual Fund House. The fund has 96.99% investment in Debt of which 28.05% in Government securities, and 68.94% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 20,734 crores and it charges a total expense ratio of around 0.33%. The fund does not charge any kind of exit load.
The investment objective is to generate income/capital appreciation through investment in a portfolio comprising substantially of floating rate debt, fixed-rate debt instruments swapped for floating rate returns, and money market instruments.
This fund is best recommended to investors who want to invest for 1-3 years and are looking for alternatives to bank deposits.
DSP Tax Saver Fund
An ELSS category equity mutual fund, run and managed by DSP Mutual Fund House. The fund has 98.38% investment in Indian stocks of which 56.21% is in large-cap stocks, 20.06% is in mid-cap stocks, and 11.06% is in small-cap stocks.
The fund size of the scheme is around Rs 9397 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity-related securities of corporates and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
Mirae Asset Tax Saver Fund– Growth
An ELSS category equity mutual fund, run and managed by Mirae Asset Mutual Fund House. The fund has 99.57% investment in Indian stocks of which 63.64% is in large-cap stocks, 11.84% is in mid-cap stocks, and 5.83% is in small-cap stocks.
The fund size of the scheme is around Rs 10,802 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
This fund is best recommended to investors looking to invest money for at least 5 years or more and high returns.
HDFC Overnight Fund
An overnight category Debt mutual fund, run and managed by HDFC Mutual Fund House. The fund has 1.52% investment in Debt of which 1.52% in Government securities.
The fund size of the scheme is around Rs 16,018 crores and it charges a total expense ratio of around 0.2%. The fund does not charge any exit load.
The investment objective of the scheme is to generate returns by investing in debt and money market instruments with overnight maturity. There is no assurance that the investment objective of the Scheme will be realized.
This fund is best recommended to Investors who want to invest in the very short term and are looking for an alternative to bank accounts/deposits.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting to All Our Readers!
Owning a house of own is not just a dream but a desire of every individual. However, people are often confused regarding when they are financially ready to buy a house or what is the right time to buy a house!
Some people think that the more you delay the decision of buying a house, the more it becomes difficult buying it. So, it’s better to buy a house as soon as you can. Following the thought, several young professionals end up buying a house after just a few years into the job.
However financial experts do not support this thought!
Financial experts say, buying a house is a big decision, it should be a more calculative decision instead of an emotional decision! It cannot be taken instantly, but before buying a house you need to analyze, Are You are Financially Ready To Buy A House?
Let us see how you can analyze the fact!!
Are You Ready For The Down Payment Expense From Your Pocket?
People generally prefer taking a home loan whenever they plan to buy a house. Taking a home loan has two components, the first is the upfront down payment and the second is the equated monthly installment (EMI) you will be servicing later.
If you are taking a loan, then you should know that banks and financial institutions do not provide the entire amount of the loan. It ranges from bank to bank, but in no cases does the loan exceed 80-85 % of the value of the house. That means you will need about 15-20% of the value of the house as savings to make a down payment.
For example, let’s say you are planning to buy a house of Rs 1 crore. Then be ready to shell out around Rs 15-20 lakhs as a down payment from your pocket. Thus, do analyze and ensure, whether you are financially ready for the down payment part.
Check Your EMI Affordability!
Now second you must calculate that the monthly calculated EMI amount is affordable for your pocket!
Generally, lenders only give a loan so that the EMIs are not more than 40 percent of the borrower’s income. And this is for all the loans combined and not just the home loan.
Now let’s consider that the cost of the house you are planning to buy is Rs 1 crore, and you managed the down payment of 20 percent, i.e., Rs 20 lakh. Now you need a home loan of the remaining amount that is 80% i.e., Rs 80 lakh.
Assuming a loan tenure of 25 years (at 7.5 percent), the monthly EMI will be Rs 59,000. If your monthly income is Rs 1.2 lakh, then using the 40 percent loan rule, you can’t get a loan where the EMI is more than Rs 48,000. So, you will not be given Rs 96 lakh as a loan in this case.
Now in the situation, the lender can ask you either to increase the down payment or the loan tenure and in this case, both will get costly in your pocket.
Are You Financially Fit?
Financial experts say after you check the above two criteria, do evaluate your financial health and ensure that you are financially fit before you decide to buy a house.
Now how can it be decided whether you are financially fit or not?
This can be best analyzed by using the debt-to-income ratio. Ideally, experts say that A debt load of around 35% of your take-home income is considered ideal for a person. However generally in the case of a home loan this load increase up to 45-50% of your take-home income, and thus it directly hits your financial health.
This can be a problem, but if you have additional sources of income, for example, your spouse, the ratio can be higher.
Secondly, if you are planning to use all your savings to make a large down payment? Then please stop there! Don’t curb all your savings to pay the down payment, always keep some money for emergencies.
Salaried Person? Ensure You Have A Steady Job!
If you are salaried, ensure you have a steady job when taking a loan. If the home loan is of a long tenure, ensure that you do not retire before you finish servicing your loan.
It is of little use if you keep this uncertainty in your head. In all cases, you should look to prepay your loan much before its tenure gets over.
Do Not Ignore Other Important Goals!
Buying a house is a big goal but there are other important goals too, children’s education and retirement. After taking a home loan, you may land in a watertight situation initially and not consider these goals. But do not ignore these goals for the entire home loan tenure.
Thus, it is ideal to analyze before that how the Loan EMI is going to impact your investment for other goals, and I suggest deciding on taking a home loan accordingly!
Last Words!
Well, as soon an individual start investing, he is surrounded by the peer pressure of buying a home from their parents. They are more pressurized when they look at people around them or their colleagues buying a house.
However, you need to understand that buying a house is not a race. Some buy it early while others take time. And this is completely normal. Thus, I suggest deciding on buying a house only when you are sure about the above-discussed points!
You can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible. Keep reading our article and stay updated with the latest news about Mutual Funds!
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“Kotak AMC launches Kotak Consumption ETF NFO. The fund is open for subscription between April 4, 2022, to April 11, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The Kotak Consumption ETF NFO is an open-ended exchange-traded fund.
The scheme seeks to replicate the composition of the NIFTY India Consumption Index and to generate returns that are commensurate with the performance of the NIFTY India Consumption Index, subject to tracking errors.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Exit Load And Entry Load Trends!!
The NFO does not charge any kind of entry load, nor does it charge any exit load.
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mr. Devender Singhal
Mr. Devender Singhal has an overall working experience of 16 years in equity research and fund management. Prior to joining Kotak AMC, he worked with the PMS divisions of Kotak, Religare, Karvy, and P N Vijay Financial Services.
Devender has been associated with the Kotak Group since July 2007. He is responsible for the research coverage of FMCG, Automobiles, and Media sectors at Kotak AMC since Feb 2009. He holds a BA(H) in Mathematics, PGDM (Finance).
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“NJ Mutual Fund launches NJ Arbitrage Fund NFO. The fund is open for subscription between April 4, 2022, to April 4, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The NJ Arbitrage Hybrid Fund NFO is an open-ended scheme investing in arbitrage opportunities.
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and by investing the balance in debt and money market instruments.
However, there is no assurance or guarantee that the investment objective of the scheme will be achieved
Exit Load And Entry Load Trends!!
The NFO does not charge any entry load however it has certain trends for exit load:
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mr. Rishi Sharma.
Mr. Sharma has 15 years of strong pedigree in Rule-Based Investing and Quanta mental techniques. He graduated in commerce from Baroda University and thereafter pursued his PGDBA from IES Management College Mumbai.
Mr. Sharma has been associated with NJ AMC since 2020. He has a proven track record of setting up investment teams and managing funds with IIFL, Monsoon Capital, MAPE Securities & Suyash advisors.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Mutual Fund Investment, is a financial tool where people invest their money with eth aim to generate returns for their financial goals. Well, while people select mutual fund schemes to invest they are advised by experts, don’t run behind the recent toppers. Instead, select the right fund for you based on your investment objectives.
Experts also say that, while you invest, the prominent thing to maintain is your discipline and continuity towards your investment. Market are volatile and fluctuating is their habit. It goes high, it goes low, so goes your portfolio!
However, your mutual fund needs time to grow. The power of compounding works in your favor when you invest in mutual funds without lapsing and for the long term. And this is referred to as the magic of long-term investing.
The magic of long-term investing has been best explained by some of the mutual fund's schemes, which have generated returns of more than 4x of their invested amount made via systematic investment plans (SIP) over the last 15 years.
Let us look at having a detailed analysis of these funds. However, do note that past performance is not indicative of future results.
Canara Robeco Emerging Equities Fund
Earlier, say before mid-2018, the Canara Robeco Emerging Equities Fund was moved from the mid-cap category large & mid-cap category. Higher allocation to mid and small-cap stocks helped the fund to deliver higher returns in the long run.
A SIP in the fund with Rs 10,000 per month over the last 15 years would have generated a total corpus of Rs. 92 lakh. Return as measured by Extended Internal Rate of Return (XIRR) from the 15-year SIP in the fund works out to 19.6 percent.
Kotak Small Cap Fund
Earlier Kotak Small Cap Fund was known as Kotak mid-cap fund. It has done exceedingly well within the small-cap category on SIPs of Rs 10,000/monthly contributed for the last 15 years. It delivered an XIRR of 19 percent during the period.
Quant Active fund
Formerly Quant Active Fund was known as Escorts Growth. This fund is managed with a higher allocation to mid and small-cap stocks. The 15-year SIP of Rs 10,000 monthly, for the same Quant Active Cap Fund, delivered an XIRR of 18 percent.
Invesco India Mid-Cap Fund
Invesco India Mid-cap fund, for the 15-year SIP of Rs 10000 per month, has delivered an XIRR of 18 percent. It generated a total corpus of Rs. 79 lakh.
Franklin India Smaller Cos Fund
This fund has delivered an XIRR of 18 percent for the SIP of Rs 10,000/monthly contributed for the tenure of the last 15 years. It generated a total corpus of Rs. 79 lakh, which is more than quadrupled the invested amount of Rs 18 lakh.
Kotak Emerging Equity Fund
Kotak Emerging Equity Fund has delivered an XIRR of 18 percent for the SIP of Rs 10,000 monthly contributed for the tenure of the last 15 years. It generated a total corpus of Rs. 78 lakh.
ICICI Prudential Value Discovery Fund
ICICI Pru Value Discovery Fund has its allocation significantly lower to the mid and small-cap stocks. Thanks to its prudent stock selection, the scheme has done notably well over the long run. The fund has delivered an XIRR of 18 percent for the SIP of Rs 10,000 monthly contributed for the tenure of the last 15 years. It generated a total corpus of Rs. 78 lakh.
UTI Mid-cap Fund
UTI Mid Cap Fund has delivered an XIRR of 17.5 percent for the SIP contributed for the tenure of the last 15 years. It generated a total corpus of Rs. 77 lakh.
Conclusion
Prominently, investors while investing in mutual funds, need to ensure their discipline towards their investment. Also, they must invest in the long-term. Investors remember it doesn’t matter how slow you go, as long as you do not stop!
Keep investing in mutual funds via SIP to achieve your goal!!
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“Invesco AMC launches Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund NFO. The fund is open for subscription between March 30, 2022, to April 13, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The Invesco India - Invesco EQQQ NASDAQ-100 ETF Fund of Fund NFO is An open-ended fund of fund scheme investing in Invesco EQQQ NASDAQ-100 0UCITS ETF.
The investment objective of the scheme is To generate returns by investing predominantly in units of Invesco EQQQ NASDAQ100 UCITS ETF, an overseas exchange-traded fund, which seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the NASDAQ-100 Notional Index (Net Total Return) in USD.
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Exit Load And Entry Load Trends!!
The NFO does not charge any kind of entry load, nor does it charge any exit load.
Fund Managers Of The NFO!!
Fund managers appointed to manage the new NFO are Mr. Neelesh Dhamnaskar and Mr. Krishna Cheemlapati.
Mr. Neelesh Dhamnaskar has around 9 years of experience in equity research. He has worked with ENAM Securities Direct Pvt. Ltd. (May 2007 - Jan 21, 2010), KR Choksey Shares and Securities Pvt. Ltd. (Dec 2005 - Apr 2007) as Equity Research Analyst, and Anand Rathi Securities Ltd. as Commodities Research Analyst (Feb 2005 - Nov 2005).
Mr. Krishna Cheemlapati has over 20 years of experience in the Fixed Income market. In his last assignment, He was associated with Reliance General Insurance as Chief Investment Officer for around 2 years. He has also worked with ICAP India Pvt. Ltd. for almost 8 years as a fixed income dealer.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
ELSS (Equity Linked Saving Scheme), a tax-saving mutual fund scheme is the answer to all your tax troubles. These funds not only help save taxes on your returns, in fact being an equity-related fund, they also help build wealth over the long term.
As per SEBI (Security Exchange Board of India) and Section 80C of The Income Tax Act, investment up to Rs 1.5 lakh per annum in ELSS mutual funds offers tax-saving returns to its investors.
Well, for you we have prepared a list of some of the BEST ELSS MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
Axis Long Term Equity Fund
An ELSS category equity mutual fund, run and managed by Axis Mutual Fund House. The fund has 98.7% investment in Indian stocks of which 66.15% is in large-cap stocks, 16.89% is in mid-cap stocks, 3.38% in small-cap stocks.
The fund size of the scheme is around Rs 31,208 crores and it charges a total expense ratio of around 1.67%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The investment objective of the scheme is to generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
BOI AXA Tax Advantage Fund - Eco Plan-Growth
An ELSS category equity mutual fund, run and managed by BOI AXA Mutual Fund House. The fund has 95.61% investment in Indian stocks of which 36.33% is in large-cap stocks, 19.4% is in mid-cap stocks, 13.99% in small-cap stocks.
Fund also has 0.1% investment in Debt of which 0.1% in Government securities.
The fund size of the scheme is around Rs 539 crores and it charges a total expense ratio of around 2.22%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The investment objective of the scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalizations. The Scheme is like a diversified multi-cap fund.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
DSP Tax Saver Fund
An ELSS category equity mutual fund, run and managed by DSP Mutual Fund House. The fund has 98.38% investment in Indian stocks of which 56.21% is in large-cap stocks, 20.06% is in mid-cap stocks, 11.06% in small-cap stocks.
The fund size of the scheme is around Rs 9,397 crores and it charges a total expense ratio of around 1.8%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to seek to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity-related securities of corporates and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
IDFC Tax Advantage (ELSS) Fund
An ELSS category equity mutual fund, run and managed by IDFC Mutual Fund House. The fund has 95.54% investment in Indian stocks of which 49.33% is in large-cap stocks, 13.69% is in mid-cap stocks, 22.3% in small-cap stocks.
The fund size of the scheme is around Rs 3,428 crores and it charges a total expense ratio of around 0.68%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to generate income and long-term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
Sundaram Tax Saving Fund
An ELSS category equity mutual fund, run and managed by Principal Mutual Fund House. The fund has 95.97% investment in Indian stocks of which 54.09% is in large-cap stocks, 11.31% is in mid-cap stocks, 10.31% in small-cap stocks.
The fund size of the scheme is around Rs 904 crores and it charges a total expense ratio of around 2.41%. The fund does not charge any exit load. However, redemption before three years of investment is not allowed.
The primary investment objective of the Scheme is to generate income and long-term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity-related securities.
This fund is best recommended to investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 0612-6604453 or mail us at customerservice@mutualfundpatna.com
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!
Financial Year 2021-22, is on the verge of completion. Taxpayers around the country are busy accessing their financial statements and finding all the possible financial ways through which they can avail of tax optimization opportunities before 31st March 2022.
To date, many would have done the process, and now might be revising the whole scenario. Well, here we are for your last-minute revision tips!
Through this article, we are discussing the Last Minute Checks That Taxpayers Must Ensure Depending On The Availability Of The Tax-Saving Options!!
Evaluate Your Investments Eligible For Tax Savings!
Your very first thing to do is revise your investments and expenditure did in the passing financial year, that are eligible for tax savings.
Yes, investment tools that fall under the category of section 80 C of the Income Tax Act are eligible for tax deduction up to Rs 150,000 from the Gross Total Income of a taxpayer. When invested in section 80C tools, it helps in reducing the total tax liability.
Some of the tools included in Section 80C are Life Insurance Premium, investments in Public Provident Funds (PPFs), ELSS, Sukanya Samridhhi Yojana, Subscription in National Savings Certificate, principal repayment of housing loan, registration/stamp duty on property, etc.
Apart from these, there is some kind of your expenditures done throughout the whole year eligible for tax deductions. Expenditures like tuition fees paid in India, principal repayment on home loans, etc. are also eligible for deduction u/s 80C. The maximum tax deduction you can claim from this section is restricted to Rs 1,50,000.
Section 80D also mentions tax deduction options that include, medical expenditure, up to Rs 25,000 for self and spouse and children. Additional deduction up to Rs 25,000 is available on the health insurance of parents, and up to Rs 50,000 in case they are senior citizens.
Investments Proof Submission To Your Employer Is Must!
Financial Experts suggest taxpayers must invest in tax saving options included in Section 80C and 80D, then collate all investment proofs and submit the same with their employer at the earliest to avoid higher deduction of tax at source.
This will also avoid unnecessary blockage of funds in the form of TDS, which may be deducted by the employer if the employee doesn’t submit the investment-related documents.
PAN-AADHAR Must Be Linked Before 31st March 2022!
If you have also your PAN not linked with your AADHAR, then do it mandatorily before 31st March 2022. Non-compliance with the same may attract a penalty of up to Rs 1000 under Section 234H of the IT Act.
You must know that not linking your PAN with AADHAR, might hamper your financial transactions involving PAN and also can attract a penalty of up to Rs 1000 under Section 234H of the IT Act.
Advance Tax Payments!
Taxpayers who are liable to pay a tax equal to Rs. 10,000 or more are more liable to pay advance tax. However, resident senior citizens or retirees who are not deriving any income from business or profession are not categorized for advance payments.
The taxpayers are liable to pay the entire amount of advance tax up to 15th March 2022 for FY 2021-22. Failure to pay the advance tax within the due time would subject the taxpayers to interest consequences.
Your Long-Term Capital Gains Can Save Taxes For You!
Taxpayers who have invested in tools that yield long-term capital gains can claim a tax deduction on the same. Experts say tax deduction up to Rs 1 lakh can be claimed on long-term capital gains under Section 112A of the IT Act on listed equity shares, units of equity-oriented mutual funds, etc.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee of future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“ICICI Prudential AMC launches ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND NFO. The fund is open for subscription between March 28, 2022, to April 11, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND NFO is an open-ended equity scheme following a housing theme.
The investment objective of the scheme is To generate long-term capital appreciation by investing in equity and equity-related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Exit Load And Entry Load Trends!!
The NFO does not charge any entry load but it does charge exit load, below trends of exit load charge is listed:
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mr. Sankaren Naren and Mr. Anand Sharma.
Mr. Naren has over 30 years of experience in Fund Management, Equity Research, Operations. etc. He was designated as Co-Head – Equities from October 2004 till February 2008 at ICICI Prudential Asset Management Company Limited. He has been designated as Executive Director of ICICI Prudential Asset Management Company Limited with effect from April 22, 2016, till date.
Mr. Sharma has been appointed as the Senior Investment Analyst – MF Equity in the Investments Department of ICICI Prudential Asset Management Company Limited w.e.f November 10, 2021.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“UTI AMC launches UTI Nifty Midcap 150 Quality 50 Index Fund NFO. The fund is open for subscription between March 28, 2022, to April 5, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The UTI Nifty Midcap 150 Quality 50 Index Fund is an open-ended scheme replicating/tracking Nifty Midcap 150 Quality 50 Total Return Index (TRI).
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Exit Load And Entry Load Trends!!
The NFO does not charge any entry load nor does it charges any exit load.
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mr. Sharwan Kumar Goyal.
Mr. Goyal began his career with UTI AMC in June 2006 and has 14 years of overall experience in Risk/Fund management. Presently he is working as Equity Fund Manager.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“Mirae AMC launches Mirae Asset Nifty SDL Jun 2027 Index Fund NFO. The fund is open for subscription between March 25, 2022, to March 29, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The Mirae Asset Nifty SDL Jun 2027 Index Fund NFO is an open-ended target maturity Index Fund investing in the constituents of Nifty SDL Jun 2027 Index.
The investment objective of the scheme is to track the Nifty SDL Jun 2027 Index by investing in State Development Loans (SDL), maturing on or before June 15, 2027, subject to tracking errors.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns
Exit Load And Entry Load Trends!!
The NFO neither charges any entry load nor any exit load.
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mr. Mahendra Kumar Jajoo, who is the head of Fixed Income of Mirae Asset Investment Managers (India) Private Limited.
He has over 29 years of experience in the field of financial services. He is overall responsible for supervising all Debt schemes of the Mirae Asset Mutual Fund. Prior to this assignment, Mr. Jajoo was Director with AUM Capital Markets Ltd. He has also been associated with organizations like Pramerica Asset Managers Ltd., Tata Asset Management Ltd., ABN AMRO Asset Management Ltd, and ICICI Group.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).
Warm Greeting To Our Readers!!
NFO ALERT:
“Tata AMC launches Tata Nifty India Digital ETF Fund of Fund NFO. The fund is open for subscription between March 25, 2022, to April 8, 2022!!”
Read below for more details about the NFO!
Basic Details About The New Fund Offer!!
Investment Objective!!
The Tata Nifty India Digital ETF Fund of Fund NFO is an open-ended fund of fund scheme investing in Tata Nifty India Digital Exchange Traded Fund
The investment objective of the scheme is to provide long-term capital appreciation by investing in Tata Nifty India Digital Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Exit Load And Entry Load Trends!!
The NFO does not charge any kind of entry load, however it follows some trends for exit load listed below:
Fund Managers Of The NFO!!
The fund manager appointed to manage the new NFO is Mrs. Meeta Shetty.
With over 13 years of industry experience, Meeta Shetty is the Assistant Fund Manager of Tata Digital India Fund and Tata India Pharma & Healthcare Fund since November 2018.
She joined Tata Asset Management Ltd. in March 2017 as Research Analyst, tracking the IT, Pharma, and Telecom sector. She is a Chartered Financial Analyst and a bachelor’s in economics.
Who Should Invest In This NFO?
The product is suitable for investors who are seeking
Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.
Keep reading our article and stay updated with the latest news about Mutual Funds!
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).