Latest Saving, Investing & Mutual Fund Articles

Reliance Tax Saver Fund, which was one of the best performance ELSS a couple of years back, has slipped a bit in rankings based on short term performance, but in our view it still remains a good ELSS mutual fund for investors with long...

Mirae Asset Tax Saver Fund has emerged as the best performing tax saving mutual fund (ELSS) in the last 3 years (please see, Top Performing Mutual Funds (Trailing returns) - Equity: ELSS). If you had invested Rs 1 Lakh in the scheme three...

Mutual fund Equity Linked Savings Schemes (ELSS) is the best tax saving investment option under Section 80C of income tax. You can claim up to Rs 1.5 Lakhs of deduction from your gross taxable income by investing an equal amount...

The last 1 year was a volatile period for the stock market. Though the Nifty is around 300 points or 3% higher on a year on year basis (as on February 13, 2019), the 52 week high and low ranged from 11,760 to 9,950 (deviation of nearly 20%)...

Aggressive hybrid funds are equity oriented hybrid mutual fund schemes which were earlier known as balanced funds. The schemes are mandated by SEBI to allocate 65% (minimum) to 80% of their portfolio to equity and equity related...

After several rounds of volatility during 2018, the stock market stabilized towards the end of the year. However, near term risks remain, among which political risk will be the biggest worrying factor weighing on the market before the Lok Sabha...

SBI Magnum Taxgain Scheme 1993 is one of the oldest mutual fund Equity Linked Savings Schemes (ELSS). Section 80C of Income Tax Act 1961 allows taxpayers to claim deduction equal to their investment in ELSS, from the taxable incomes...

Edelweiss Mutual Fund has launched a new fund Edelweiss Small Cap Fund. The NFO opened for subscription on January 18 and will close on February 1, 2019. The last one year has been very difficult for small cap stocks with the Nifty Small...

ICICI Prudential Mutual Fund has launched ICICI Prudential India Opportunities Fund, a New Fund Offer (NFO), which will invest in opportunities presented by special situations such as corporate restructuring, Government policy and/or...

With increasing application of payments digitization for different types of transactions in the financial services domain, online transactions in the mutual fund industry is increasingly gaining currency. Based on our interaction with both...

In a Systematic Withdrawal Plan (SWP), investor can regularly withdraw a fixed amount of money on a fixed date or dates from a mutual fund scheme. The amount to be withdrawn and the frequency of withdrawals (e.g. weekly, fortnightly...

Large and Midcap market segment refers to the top 250 companies by market capitalization. The top 100 companies by market capitalization are large cap companies, while the next 150 companies are classified as midcaps. Mutual...

10,000 crore AUM is an important landmark for equity mutual fund schemes and Mirae Asset India Equity Fund has recently crossed this landmark. Popularity of this fund among Indian mutual fund investors comes on back of strong performance...

In the last 5 years, Mirae Asset Emerging Bluechip Fund has emerged as the best performer in the large and midcap equity funds segment (please see top performing large and midcap funds in our MF Research section). For the benefit of readers...

Principal Tax Savings Fund is one of the best performing equity linked savings schemes (ELSS) in the last 5 years. Section 80C of Income Tax Act 1961 allows tax payers to claim deduction of up to Rs 1.5 Lakhs by investing in mutual fund...