EQUITY SAVINGS FUNDS
AMFI seeks tax parity for debt funds, fund of funds The Association of Mutual Funds in India has proposed tax changes for debt-oriented mutual funds and fund of funds in the Union Budget. They recommend a 10% tax rate without indexation, introduction of a debt-linked savings scheme, and a revision of...
12 Jul, 2024, 04.10 PM ISTBest tax saving mutual funds or ELSS to invest in July 2024 Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are y...
10 Jul, 2024, 10.15 AM ISTEquity market investors: A new powerful political constituency India's financial shift includes 13.6 crore investors, about 10% affluent, driven by SEBI and smartphones. Participation extends beyond Maharashtra and Gujarat to states like Uttar Pradesh and Madhya Pradesh. Individual investor opinions shape econo...
09 Jul, 2024, 02.00 PM IST
Midcap mavericks top mutual fund chart in first half of 2024 with 24% return Diverse mutual funds excelled in the first half of 2024, with top performers including JM Midcap Fund, Kotak India EQ Contra Fund, and HSBC Large & Mid Cap Fund.
26 Jun, 2024, 11.35 AM ISTHow to deploy Rs 2 crore inheritance to meet child education expenses & retirement goals If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
21 Jun, 2024, 01.59 PM ISTHow are equity savings funds taxed? Equity savings schemes are funds that belong to the hybrid category. They invest in a mix of equity, debt and arbitrage opportunities. A scheme in this category invests in equity and debt securities, employing a combination of three investment strat...
19 Jun, 2024, 09.54 AM IST4 ELSS mutual funds turn monthly SIP of Rs 30,000 to Rs 1 crore in 10 years Quant ELSS Tax Saver Fund, the topper in the category, turned the monthly SIP investment of Rs 30,000 into Rs 1.45 crore in the last 10 years. The scheme offered an XIRR of 26.58% in the same time period.
17 Jun, 2024, 11.01 AM ISTSBI hikes FD interest rates. What should debt mutual fund investors do? SBI have increased FD interest rates, offering guaranteed returns. Investors should consider their goals and risk tolerance before switching from debt mutual funds to FDs.
12 Jun, 2024, 03.30 PM ISTBest tax saving mutual funds or ELSS to invest in June 2024 Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are y...
11 Jun, 2024, 10.36 AM ISTKotak Mutual Fund introduces Freedom SIP facility Kotak Mutual Fund introduces Freedom SIP facility for investments under growth option of eligible schemes effective from June 18. Investors can register for a SIP cum SWP for specified duration.
06 Jun, 2024, 06.52 PM ISTEquity mutual funds offer average return of 1.20% in May, sectoral funds top chart Equity mutual funds offered an average return of 1.20% in May, with sectoral funds topping the chart in performance.
05 Jun, 2024, 11.10 AM ISTKnow Your Fund Manager | Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund "I am directly managing some of the flagship and strategic products. All the funds are sector-agnostic and across market cap. These include Balanced Advantage Fund, Flexi cap Fund, Large & Midcap Fund and Focused Fund. This accounts for close to 1/3...
02 Jun, 2024, 01.09 PM ISTThese 36 equity mutual funds never gave negative annual returns in 10 years of Modi government ETMutualFunds analysed equity schemes spanning diverse categories, tracking performance from 2014 to 2023 under the Modi government. Notably, 36 schemes consistently delivered positive returns, showcasing resilience across various market conditions....
02 Jun, 2024, 11.29 AM ISTEquity mutual funds deliver up to 240% return in Modi government's second term Equity mutual fund categories under Modi's second term witnessed significant returns, with small cap funds leading at 243.94%. Nippon India Small Cap Fund topped with 304.07%. ELSS funds, large cap, and aggressive hybrid funds also showed notable pe...
01 Jun, 2024, 12.28 PM ISTSave Solution receives $13 million private equity funding Private equity investor Incofin Investment Management has invested $10 million SaGgraha Management Services, a business correspondent wholly owned by SAVE Solutions, which itself provides the last mile banking services in the rural hinterlands throu...
22 May, 2024, 12.54 PM ISTThis MF category is safer than other equity-oriented peers, offers better return than FDs Equity Savings Funds (ESF) offer safer investment opportunities with potential for higher returns than Fixed Deposits (FDs). They invest in multiple asset classes, including equity, debt, and arbitrage opportunities, providing tax efficiency. ESFs a...
21 May, 2024, 02.37 PM ISTBest tax saving mutual funds or ELSS to invest in May 2024 Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are y...
09 May, 2024, 10.04 AM ISTTo build a corpus of Rs 5.3 crores in 30 years, one needs to invest Rs 17,000 per month "There are 4 pillars of retirement income namely, social security, employment-based plans, personal retirement assets and family / social structure. Social security in India is not as developed or as widespread as the ones in advanced countries. Onl...
08 May, 2024, 01.43 PM ISTHow to plan your income tax savings for FY25 using ELSS mutual funds? Plan tax savings for FY25 with ELSS funds. Invest Rs 1.5 lakh early using lumpsum, SIP, or STP. Consider various investment options for Section 80C benefits. ELSS offers higher returns than traditional options.
06 May, 2024, 04.12 PM ISTET Mutual Funds Explains: How STPs can maximise your portfolio return? STP facility staggers the investment over a period of time and also helps maintain a balance of risk and return. The first scheme that is considered for lumpsum investment is called source scheme and the scheme to which the amount is transferred is ...
27 Apr, 2024, 10.44 AM IST