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Posted: 26 Dec 2014 04:09 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Kotak Tax Saver dividend
Kotak Mahindra Mutual Fund has announced dividend under the dividend option of Kotak Tax Saver-D and Kotak Tax Saver Direct-D. The quantum of dividend shall be R0.1 per unit.
The record date has been fixed as December 30, 2014.
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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--------------------------------------------- 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: 26 Dec 2014 02:55 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Axis Income Fund exit load
Axis Mutual Fund has revised the exit load of Axis Income Fund to 1 per cent for redemption / switching out units within 12 months. Currently, it is 0.50 per cent for redemption / switching out units within 3 months.
The effective date is January 01, 2015.
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 |
Advantages of Tax Saving Mutual Funds Posted: 26 Dec 2014 02:16 AM PST Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Leave a missed Call on 94 8300 8300
Advantages of Tax Saving Mutual Funds
While the traditional options have their own advantages, tax-saving funds score over other options on various counts. Before we move to the advantages, what exactly are these funds? They are simply diversified equity funds that invest in stock markets and additionally provide a tax deduction on the principal amount you invest, in the year of investment. That means they are not different from an equity fund in terms of their investing objective or strategies.
Here's how this class of tax-saving instrument scores over the other options:
Tax-saving funds have the shortest lock-in period (three years), when compared with other options. That means post the three years, while you can stay invested, you will have the leeway to take out the money if you need to.
Tax-saving funds, being linked to equity markets, have proven to be superior investment options over the long term in terms of returns too. These funds have, on an average, delivered 25% annualized returns in the last three years (as of December 15, 2014). Of course, while they are also subject to market vagaries, over the long term their returns have proven to be far superior to traditional options such as PPF or NSC.
Unlike other tax-saving options where the interest income is entirely taxable, tax-saving funds being equity funds enjoy tax exemption on the long-term capital gains. That means with a three-year lock in, your entire gain is tax-free.
Besides the above advantages, tax-saving funds, like any other mutual fund, is highly transparent with daily NAV declaration , monthly portfolio and fact sheets and so on. Thus, you can always keep an eye on your investment.
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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