FinanceIndia

Mutual funds India are available in a variety of options in the market, and they are classified based on liquidity or asset class of investment. Investors need to make a wise decision from this range of options, based on the purpose they wish to fulfil, their risk capacity, investment tenure, etc. Different investors have different kinds of goals when they choose a mutual fund and if the purpose is to save taxes, while creating wealth, keep reading this article for more. It is always advisable that one should think of ways to save taxes, not evade them. One of the best ways to do so is invest in ELSS or equity linked savings scheme. You may ask ‘what are these funds? Let us discuss further in order to have a clearer picture. ELSS funds are open-ended equity mutual fund schemes that invests primarily in equities as well as equity-oriented securities. They are a prominent category among mutual funds that qualify for tax deductions under Section 80C of the Income Tax Act, ...

Lump sum investment, also referred to as one time investment, is investing your entire amount in one go. It is the simplest form of investments. Though Systematic Investment Plans (SIPs) have gained a lot of popularity in India, lump sum investments remain one of the most popular forms of investments. In this article, we will discuss about mutual fund lump sum investments and how to calculate its returns using the lumpsum calculator . When do you invest in lump sum? There are many instances when you prefer to invest in lump sum:- The most important requirement for investing in lump sum is availability of sufficient investible funds. If you have an investible corpus, you may prefer to invest in lump sum Salaried investors usually get their annual bonus once in a year. Since it is a relatively large sum, you may want to invest a portion of it or all of it, in lump sum. From time to time, you may receive windfall cash-flows e.g. maturity proceed of fixed deposits, recurring depo...

Mutual fund is a way of investing one’s savings into funds that goes into various assets and categories, depending on the choice made by the investor. It is an investment vehicle, which is professionally managed and offer risk diversification. Mutual Fund schemes are a good investment option for the common man as they are accessible, affordable and can be started with a small amount.   There are various types of mutual fund schemes available - Equity Funds, debt funds and hybrid funds. The confusion in choice, generally lies in the type of equity or debt fund to be selected, the time period of investment and the goal which one is working towards. All these questions are rather pieces of the same puzzle which need to be selected carefully, after research, in order to give you the perfect picture. The major reason why people invest in mutual funds is to create wealth. However, investor should avoid some common investing mistakes as given below - Ignoring one’s risk profile - On...