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Friday, March 1, 2013

MUTUAL FUNDS - Know Better Before You Invest

Invest In Tax Saving Mutual Funds Online

 

How should you choose the best mutual fund investment to meet your needs?



Investing in mutual funds is considered as an easy and inexpensive way for investors to play in the market, but it being a simple mode of investment, mutual fund investors often make mistakes, which eat into their returns. It need not be so if you make the right choices.


A mutual fund is a common pool or fund of capital mobilised from a large number of investors, and invested on their behalf in several securities in the market. All the returns from such investments, both in terms of the dividends and capital appreciation, net of various incidental expenses accrue to the investors. A mutual fund provides many financial and non-financial benefits to the investors. Like shares, all mutual funds provide returns in the form of dividends and capital appreciation and even bonus issues. By far, the most significant benefit is that of risk reduction or risk diversification. When a person invests in the stock of any one company, he is exposed to several random risks, like the company going bankrupt or poor-performance of sectors. However, investing in a mutual fund protects investors from such random risks. Spelling out the advantages of the mutual funds, One should never put all eggs in one basket. Similarly, any investment portfolio must be well diversified if it has to give results. It is difficult for small investors to diversify in 30 or more securities. This is where the mutual fund steps in by pooling together investments from a large number of small investors, and then investing the accumulated proceeds in a well diversified basket of securities. Thus, investors get the benefit of diversification without actually doing so themselves.


In fact, now with the introduction of Gold Exchange Traded Funds (
GEFT) schemes by mutual funds, it is now possible to buy gold in small quantities without worrying about
theft. The mutual fund industry has grown exponentially but investors requires study, prudence and timely action to .


Remember This While Selecting A Mutual Fund:
Scrutinize the fund's fees and expenses. Know how the fund impacts your tax bill. Consider the age and size of the fund Factor in the risks the fund takes to achieve its returns Check the types of services offered and fees charged by the fund.

Happy Investing!!

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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 PlanInvest Online
  2. HDFC TaxSaverInvest Online
  3. DSP BlackRock Tax Saver FundInvest Online
  4. Reliance Tax Saver (ELSS) FundInvest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) FundInvest Online
  7. SBI Magnum Tax Gain Scheme 1993Invest Online
  8. Sundaram Tax SaverInvest 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
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    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 MutualFundsInvest 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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