Reliance Retirement Fund is one of the New Fund Offers which is open for subscription now. Reliance Mutual Fund has launched this open ended ‘Tax Savings’ cum ‘Pension Scheme’ on 22nd January 2015. The NFO is open from 22nd Jan to 5th of February 2015. ‘Reliance’ – ‘Pension scheme’ – ‘Retirement Fund’ – ‘Notified Tax […]
Mutual Funds
ELSS Dividend Reinvestment option – Phased out
Equity Linked Savings Scheme(ELSS) is one of the best tax saving options that we have right now. Mutual Fund houses have around Rs 36,257 crore as Assets Under Management (AUM) under various ELSS plans. ELSS Mutual Funds offer tax benefits on the investments made under Section 80C of Income Tax Act, 1961. Also the redemption […]
Top 5 Best ELSS Tax saving Mutual Funds to invest in 2015
For salaried employees, the deadline to submit the provisional tax saving investment proofs is fast approaching. Most of the employers collect the documents in January. During this period investors/employees who have not done their tax planning rush to buy life insurance policies or some other tax saving investments. There is one tax saving option which […]
Top 15 Best Equity Mutual Fund SIPs for 2015
Mutual Funds are the best tools for long term wealth creation. But, the challenge is to identify good and top performing mutual funds that can help you in achieving your Financial Goals. There are hundreds of mutual fund schemes which are available in the market. Besides this, there are plethora of NFOs (New Fund Offers, […]
Know your Mutual Fund Manager
Many of us buy mutual funds just by looking at the past performance or ‘Star ratings’ of the schemes. Some go by the reputation of the mutual fund houses. The returns generated by mutual fund schemes vary from one fund to another fund. So, who is the person behind a mutual fund’s performance? Who implements […]
Top Balanced Mutual Funds – Benefits & analysis of past Returns
We all would like to maintain a balance between professional and personal life . Both are equally important to lead a successful, happy and healthier life. All doctors suggest us to eat a healthy balanced diet. Investing in Balanced Mutual Funds is not much different. Balanced funds are also known as Hybrid Mutual Funds. In […]