Invest In Mutual Fund Growth Option or Dividend Option?

 

Investors who are looking to invest in equity-oriented funds for their retirement should opt for the growth option

 If you are investing for future retirement, it is best to go for the Growth option. This will ensure that your fund's returns make the most of compounding. Dividend payouts, if you receive them in your hands, may get spent or reinvested at low rates. If you are already retired, you should make the choice based on your financial needs. A balanced fund given its equity component cannot be relied on for monthly or annual income. But if you need periodic payouts from your investment, you can go for dividend option. Else, growth option is the best way to maximize the return on your investments.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds

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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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