Prajna Capital |
- What is the Tax Saving advantage of ELSS Mutual Funds?
- Investing in Global Funds
- Tax Benefits of Debt Funds Over Bank FDs
| What is the Tax Saving advantage of ELSS Mutual Funds? Posted: 01 Dec 2014 04:15 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 What is the tax saving advantage of mutual funds?A significant amount of your earning is usually eaten away by taxes. To ensure you keep more of what you make, tax planning becomes imperative. Which means, you need to invest your money in places that help you save taxes and even better – earn something out of them. While there are many tax saving instruments available in the market, you have to be wise while selecting one. Just keeping your money in PPF or NSC to claim tax-break would yield moderate returns. If you want to make your money work harder and earn higher returns, then mutual funds can be a great place to invest. This is where Equity Linked Savings Schemes (ELSS) come into the picture. With a 3-year lock-in period, they have the potential to earn higher returns than most tax-saving options and reduces your taxable income by Rs. 1,50,000. For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF | ||
| Posted: 01 Dec 2014 03:31 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Do not stop diversifying your portfolio just because the Indian market is outperforming currently. Why Invest abroad? You should invest in international funds primarily to diversify your portfolio geographically. Different stock markets do well in different years. The Indian market may be outperforming this year, but it will not do so every year. By being internationally diversified, you can protect your portfolio from being hit too hard when your home market underperforms. Another advantage is that you can guard your portfolio against currency depreciation. Since India is a high inflation country, its currency tends to depreciate against the currencies of low-inflation countries. Meanwhile, many of your future goals--such as children's higher education and foreign travel--could involve spending in the currencies of one of the low-inflation economies of the developed world. A hedge against home currency depreciation is an outcome that can be derived from international investing. Investing in foreign markets also gives you the advantage of capitalising on growth beyond your borders.You can get exposure to sectors that are not present in India or have only a minuscule presence, such as aeronautics, defence equipment suppliers, and so on. Depending on your risk appetite, you may invest 1015% of your equity portfolio in international funds. Building the portfolio First invest in a diversified fund and only then move to country-specific funds. Alternatively, you may diversify across geographies one after the other. In the latter case, first invest in the developed world, whose markets have a low correlation with the Indian market. The first country should preferably be the US, which is the world's largest stock market and is home to the highest number of the world's largest MNCs. Do not start by investing in the fund of a small, emerging market. Build an adequately diversified equity portfolio within the domestic market first before foraying into international equities.
Finally, While selecting an international fund, pay attention to its track record, pedigree of the fund house, and the fund management team's level of experience.
The decision to invest internationally should be on the basis of a long-term asset allocation. It should not be a short-term, tactical decision meant to take advantage of outperformance in a particular market or the movement of a particular currency. If you engage in such market timing, you may incur losses. Do not pull out entirely from a geography that is doing poorly. European funds have not done well over the past year. Nonetheless, don't exit them. Give any equity investment at least 5-7 years. Also, the leading companies in most geographies today are multinationals that derive a large part of their revenue from outside their home. So the European economy doing badly may not translate into Europe-domiciled MNCs also underperforming. Finally, international funds that have less than 65% invested in Indian equities are taxed at par with debt funds. Don't let this deter you from investing in them. You do invest in debt funds and gold even though their tax treatment is less favourable than that of equities because you wish to diversify your portfolio. The same logic applies to international funds  For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF | ||
| Tax Benefits of Debt Funds Over Bank FDs Posted: 01 Dec 2014 02:24 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300 Tax Benefits of Debt Funds Over Bank FDs  For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs Download Mutual Any Fund Application Forms ---------------------------------------------
Best Performing Mutual Funds
B. Large and Midcap Funds Invest Online
C. Mid and SmallCap Funds Invest Online
D. Small and MicroCap Funds Invest Online
E. Sector Funds Invest Online
F. Tax Saver Mutual Funds Invest Online 1. ICICI Prudential Tax Plan 2. HDFC Taxsaver
G. Gold Mutual Funds Invest Online
H. International funds Invest Online 1. Birla Sun Life International Equity Plan A 2. DSP BlackRock US Flexible Equity 3. FT India Feeder Franklin US Opportunities 4. ICICI Prudential US Bluechip Equity 5. Motilal Oswal MOSt Shares NASDAQ-100 ETF |
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