As per the Finance Bill 2023, for investments done after April 1st 2023, the capital gains are taxable as per the investor’s income tax slab rate. The benefit of indexation for long-term capital gains is no longer available for debt mutual funds. Taxation of Debt Mutual Fund Taxation for...
ICICI Prudential Long Term Plan –The scheme seeks to generate income through investments in debt securities while maintaining a balance of yield, safety, and liquidity. With 40-50 securities, the fund is fairly diversified and comprises of instruments with an average credit rating of AA. The sch...
HDFC Money Market Fund has been on the market for over two decades and a SIP for 3 years in this fund would’ve generated solid returns of 6.69%. Potential profit of ₹10,000 SIP for 3 years 4. Nippon India Liquid Fund Liquid funds are generally used for generating solid returns for...
Even this fund is a consistent performer in large cap mutual funds segment. Its long term performance in 10 years is also good. With VRO rating as 4 Star and Crisil as Rank-3, this is one of thebest mutual funds in Indiato invest through SIP for the long term. Top#3 – HDFC Top ...
Best equity mutual funds A mutual fund that primarily invests in equities and equity related instruments is known as equity mutual fund. These funds are also categorized based on their holdings. For example sector funds, large-cap funds, mid-cap funds, small-cap funds, and multi-cap funds. ...
returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 91,400 now. This is one of the best funds to invest for long term of 10-20 ...
(SIP). SIPs present an approachable and structured method for individuals to venture into mutual fund investments, with the potential to realize their financial aspirations. In the following blog, we will delve into the realm of SIPs, gaining insights into their nature, mechanics, and the reasons...
Are SIPs only beneficial for long-term? Can I invest in debt funds through SIP plans? SIP - Everything you Need to Know In simple words, Systematic Investment Plan, popularly known as SIP, is a method of investment in mutual funds which allows you to invest a fixed amount at regular int...
Best MIP Mutual Funds for 2017 Birla SL MIP II-Wealth 25 Plan HDFC MIP – Long-term Plan Kotak Monthly Income Plan Sundaram MIP-Aggressive Franklin India MIP DSP BlackRock MIP UTI MIS-Advantage Plan Reliance MIP IDFC Monthly Income Plan – Regular Plan Comparison Table** Details of MIP scheme...
Top Mutual Fund Companies:SBI Mutual Fund|HDFC Mutual Fund|Nippon India Mutual Fund|L&T Mutual Fund|Axis Mutual Fund|UTI Mutual Fund|ICICI Prudential Mutual Fund|IDFC Mutual Fund|Tata Mutual Fund Popular Portfolios:Equity Mutual Funds|Balanced Mutual Funds|Debt Mutual Funds|Tax Saver ELSS Mutual ...