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      Best Performing ELSS Mutual Funds for Investment in 2018-19

      Tuesday, January 9th, 2018 Amritesh no responses

      Equity Linked Savings Scheme (ELSS) is Tax Saving Mutual Fund Investment Scheme. The investment in the scheme is eligible for Income Tax Deduction U/S 80C up to the maximum limit of Rs 1,50,000/-. However, the maximum limit is inclusive of other investment schemes eligible for deduction under Section 80C. ELSS has the shortest lock in period of 3 years among other tax saving investment plans. The returns on the ELSS are market linked which is moderately volatile, but investment over long period is considered safe. ELSS has potential to earn higher returns when compared to fixed return instruments. Furthermore, In Fixed Income Schemes returns are restricted which may not be sufficient to counter the inflationary trend. Thus ELSS provides the…

      Systematic Investment Plan (SIP)

      Sunday, April 23rd, 2017 Amritesh 5 responses

      Systematic Investment Plan (SIP) is an intelligent way to plan your investments in mutual funds in order to minimize risk and maximize your returns. In SIP, one can make periodic investments at their convenience (i.e Weekly, Monthly, Quarterly). SIP enables you to invest a pre determined sum at periodic interval. Thus the savings you make translates into investments which leads to maximization of your wealth. You can start investing with a minimum of Rs 500/- and saves individuals of the burden of making lumpsum investments. Individuals may invest in SIP with or without the Demat account as per their choice, one may also visit their  respective Bank Branch to submit the required KYC documents and start with the Investment. Read about…

      Benefits and Shortcomings of Systematic Investment Plan (SIP)

      Sunday, November 9th, 2014 Amritesh no responses

      Systematic Investment Plan (SIP) is a Mutual Fund Investment where one can make periodic investment in small amounts. This helps the investor as they don’t have to put in a lumpsum rather they can invest periodically with lesser amount. SIP helps you to plan and manage your investments more efficiently. Since you have to make periodic investments it also protects you from the sudden downward fluctuations in the market.Let’s look at some of the Benefits and Shortcomings of SIP.Systematic Investment PlanBENEFITS OF INVESTING IN SIP:-Tax Benefits:- If you want to avail tax benefits under Section 80 (C) then you can opt for the ELSS option which allows deduction on the investment made in Mutual Funds. Moreover Mutual Funds Investments made…