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Thursday, July 4, 2013

The Range of Debt Funds

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

Based on their maturity, we classify debt funds into these types:


Liquid funds  - Up to 91 days:

Ultra-short-term funds  - From 91 days to 1 year (over past 12 months):
Short-term funds  - From 1 year to 4.5 years (over past 12 months):
Income funds  - over 4.5 years or those who's maturity vary widely:

Government Securities:  Besides these maturity-based classifications, there also exist a few other variations. One is that of funds which invest only in government securities. These securities, which are also called gilts, are bonds issued by the Government of India. Unlike bonds issued by companies, the chance of the Government defaulting on its loan obligation is significantly lower.

 

Fixed Maturity Plans: The funds described above are all open-ended funds. However, there are also closed-end debt funds that are quite popular and useful. These FMPs, as they are called, are launched on a specific date for a specific period that can range from 1 month to 5 years. Investors must enter them at the beginning and normally stay till the end. Thus, they mean lower liquidity. However, what investors give up in liquidity, they gain in a combination of predictably higher gains and lower risk that open-end debt funds cannot offer. FMPs are an excellent alternative to bank fixed deposits. They generally offer higher returns, especially because they are much more tax-efficient, because FMPs are taxed as capital gains while bank FDs are just added to the investors' normal income.

Happy Investing!!

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You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

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Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
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      1. ICICI Prudential Dynamic Plan
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    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
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