Category Archives: Uncategorized

Principal Tax Saving Fund

Why Principal Tax Savings Fund? • Eligible for tax deduction of up to 1.5 lakh to investors under section 80C of the Income Tax Act, 1961 • Lock-in period of three years is low compared to other Tax saving options • Opportunity to generate wealth as money is invested in equity markets Performance of Principal… Read More »

Mutual Funds Dividend

  Many investors opt for the dividend option in a mutual fund scheme, as it gives them intermittent cash flows, which comes handy in meeting their regular expenses. 1. How does a mutual fund declare a dividend? A mutual fund scheme can declare dividends only from the realised profits in its portfolio. Realised profits… Read More »

Online submission of PAN Grievances

Investors may have various grievances with respect to their PAN application, like the non-allotment of PAN or an error or mismatch in the name on the card. The Income Tax Department has an online grievance management system, which allows investors to submit their complaints pertaining to PAN applications registered with UTITSL or NSDL.Here’s how you… Read More »

SENIOR CITIZENS’ SAVING SCHEME

Invest Best Tax Saver Funds Online Interest rate: 8.3% Tenure: 5 years Another bestseller from the Post Office, this scheme gives out regular income to retirees. The tenure of the scheme is five years, which is extendable by another three years. However, there is a `15 lakh overall investment limit per individual. Also, the scheme… Read More »

Reliance Tax Saver Fund

Reliance Tax Saver Fund Investment Style: Large Growth Investment Process: A concentrated fund that can vary its exposure across market caps Fund Manager: Ashwani Kumar This fund is run by a long-standing manager and is distinct in terms of character. While most ELSS funds maintain a multi-cap portfolio with a significant allocation towards large-cap stocks,… Read More »

Term Plan Premiums

Best SIP Funds Online SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300 OR… Read More »

Short Term Debt Funds

Taking stock today, short-term income funds may not appear to be the most attractive category of debt funds to invest in. Falling interest rates for the last three years have resulted in much higher interest rates from medium/long-term gilt funds, income funds, credit-opportunities funds and other categories. Also, a few funds in this conservative category… Read More »

Franklin India Taxshield Fund

Franklin India Taxshield Fund Investment Style: Large Growth Investment Process: A research-driven investment approach with a focus on reasonably valued stocks Fund Manager: Lakshmikanth Reddy The fund is helmed by Lakshmikanth Reddy, who joined the fund company on May 2016, with R. Janakiraman as the named comanager. While earlier it had a more definite mandate… Read More »

Home Loans

Top SIP Funds to Invest in India Online SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich For further information on Top SIP Mutual Funds contact Save Tax Get Rich on… Read More »

SUKANYA SAMRIDDHI YOJANA

Invest Top ELSS Funds Online Interest rate: 8.3% Tenure: 14 years If you have a daughter below 10 years, the Sukanya Samriddhi Yojana is a better option than the PPF because it offers a higher interest rate. Like the PPF, the interest earned is tax free and there is an annual cap of `1.5 lakh… Read More »