Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now

Monday, February 20, 2017

HDFC Premier Multi Cap Fund Dividend


Dividend Record Date - HDFC Premier Multi Cap Fund and HDFC Long Term Advantage Fund
 
Name of the Scheme / Plan/Option Amt of Dividend ( Rs / unit) # Dividend Rate Face Value Record Date NAV as on Feb 09, 2017 ( Rs / Unit) Dividend Yield
HDFC Premier Multi Cap Fund - Regular - Dividend 1.50 15.00% 10.00 Thursday, February 16, 2017 14.71 10.20%
HDFC Premier Multi Cap Fund - Direct - Dividend 15.126 9.92%
HDFC Long term Advantage Fund - Regular - Dividend 3.75 37.50% 10.00 41.316 9.08%
HDFC Long term Advantage Fund - Direct - Dividend 43.137 8.69%





------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

------------------------------------


 

Sundaram Rural India Fund



Trustee of Sundaram Mutual Fund has declared dividend on the face value of Rs.10/- per unit on the record date of February 15, 2017 under the dividend option of Sundaram Rural India Fund & Sundaram Balanced Fund. Dividend declaration details are as under:

Scheme NamePlan - OptionRecord DateDividend
Rate per unit
Sundaram Rural India FundRegular Plan - DividendFebruary 15, 20170.50
Direct Plan - Dividend
Sundaram Balanced FundRegular Plan - DividendFebruary 15, 20170.10
 




------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

------------------------------------

 

Friday, February 17, 2017

Canara Robeco Yield Advantage Fund Exit Load

Canara Robeco Mutual Fund has revised the exit load under Canara Robeco Yield Advantage Fund with effect from February 1, 2017.

Now, exit load will be Nil.

Earlier it was 0.50% if redeemed within 180 days from the date of allotment and NIL if redeemed after 180 days from the date of allotment.









------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

------------------------------------


 

Plan to Save Taxes by Investing in ELSS Funds

 
Online Investing in ELSS Funds

The month of December is the Fourth quarter of the financial year. This means you will have only 6 months left in the year to invest in tax-saving instruments like ELSS funds. But a lot of people will think that even 6 months is a lot of time.

Generally, tax-savers tend to make their tax-saving investments only in February and March when they have to submit investment proofs. But those investments will be made in haste and might not turn out to be as meaningful as they should be. The purpose of tax-saving investments in ELSS funds shouldn't be only to save taxes, they should be used to achieve long-term financial goals as well.

This is why you need to plan out your investments well before the due date of 31st March. Ideally, you should begin investing at the start of a new financial year itself, but don't be concerned if you didn't do that. You can still make use of the coming 6 months to fulfill your tax-saving obligations and get the best out of your ELSS fund investments.

The first thing you should do is figure out how much of the Rs 1.5 lakh Section 80C limit you have to invest in ELSS funds. To do this, you need to first look at the 80C deductions that you are already putting money in. These include your annual life insurance premium, PPF contribution, home loan principal repayment, children's school tuition fees, etc. These are the investments and expenses you make anyway and once you have information about them, you will be able to see how much of the Rs 1.5 lakh is left to invest in ELSS funds.

Let's suppose you have Rs 1 lakh of the 80C limit left to invest in ELSS funds. The mistake you shouldn't make here is investing that entire amount in one go. Equity-based investments earn higher returns when they are spread out over a period of time. This is why systematic investment plans (SIP) are recommended by below. What you should do is divide the amount you want to invest in ELSS funds for this financial year into 6 parts and invest it every month from October to March. This will allow you to benefit from rupee cost averaging and purchase fund units at different levels of the market. It will also allow you to make sure that you don't catch a market peak.

Once you have the exact amounts to be invested, you can split it across more than one ELSS fund to benefit from diversification and different investment styles. A portfolio of 3 ELSS funds would be ideal for most tax-savers. Pick ELSS funds on the basis of their historic performance. A fund that has done well over different market cycles would be best placed to navigate the uncertainties of the equity markets in the future. Furthermore, investing in more than one fund cushions your portfolio against the underperformance of any one of your funds.

Of course, before you invest in ELSS funds, you need to understand that they don't guarantee returns. These tax-saving mutual funds invest in equities and are susceptible to equity-related risks. But they make good investment options because they have a lock-in of only 3 years and the equity exposure can help beat inflation in the long run.

ELSS funds should be a part of most tax-savers' investment portfolios. When your investments in them are properly planned out, they provide the dual benefit of tax saving and long-term wealth.







------------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact Prajna Capital on 94 8300 8300

--------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Call us on 94 8300 8300

---------------------------------------------

 

DSP BlackRock Micro Cap Fund


DSP BlackRock Micro Cap Fund to stop accepting fresh investments

DSP BlackRock Micro Cap Fund has now become one of the largest funds in its category. While we continue to find interesting investment opportunities for the fund to invest in, its current size poses the bigger challenge of liquidity.


Due to the fund size, it is increasingly difficult to incrementally build positions, i.e. to increase stock weightage of companies to a meaningful size in the portfolio.

               

Where does the DSP BlackRock Micro Cap Fund invest?


Having less than desired weightage in stocks that the fund invests in, could limit the fund's ability to generate returns in the future. Hence, in the interest of investors, DSP BlackRock AMC has taken a decision to stop accepting fresh investments - both via lumpsum and SIPs. However, DSP BlackRock Fund House will continue to accept flows coming from existing SIPs.

Depending on our views on liquidity and investment opportunities in the future, DSP BlackRock AMC will review the possibility of opening the fund for fresh investments again.


DSP BlackRock Micro CapFund: Product Labelling

This Open Ended Growth Scheme is suitable for investors who are seeking*: Long-term capital growth; Investment in equity and equity-related securities in micro cap companies (i.e. beyond top 300 companies by market capitalization).



------------------------------------
Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 4 Tax Saver Mutual Funds for 2017 - 2018

Best 4 ELSS Mutual Funds to invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. BNP Paribas Long Term Equity Fund



Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

------------------------------------


 

Thursday, February 16, 2017

Home Loan Tax Benefits

 
You are aware of the basic tax exemptions on home loans, but there are more ways a home buyer can benefit.
 
The year 2016 is turning out to be one of the best for home buyers, with more tax benefits, interest rate cuts, stagnant property prices and new launches in the affordable segment. Many of you may be looking to take advantage of these benefits and buy a house. While hunting for a house at the right price, you'll be haggling with the bank to cut a loan deal too. Even if you get a discount on both, your tax bill can cost you dear, unless you know the rules well. Everyone knows the basics--you can claim up to `1. 5 lakh for repayment of principal under Sec 80C and up to `2 lakh under Sec 24 for interest payment. Here is a list of lesser-known and often missed tax benefits on home loans.

1 You can claim tax benefit on interest paid even if you missed the EMI. Unlike the deduction on property taxes or principal repayment of home loans, which are available on `paid' basis, the deduction on interest is on accrual basis. Even if you have missed a few EMIs during a financial year, you would still be eligible to claim deduction on the interest part of the EMI for the entire year. However, retain the documents showing the deduction so that you can substantiate if questioned by tax authorities.

2 Most taxpayers are unaware that charges related to their loan qualify for tax deduction. These charges are considered interest, and therefore, deduction can be claimed on the same. Moreover, there is a tribunal judgement which held that processing fee is linked to services rendered by the bank in relation to the loan granted, and is thus covered under service fee. Therefore, it is eligible for deduction under Section 24 against income from house property. However, any penal charges such as those for missing an EMI or late repayment, would not be eligible for deduction.

3 You score negative tax points if you sell a house within five years from the date of purchase, or five years from the date of taking the home loan. Any deduction claimed under Section 80C in respect to principal repayment of housing loan would get reversed and added to your annual taxable income for the year in which the property is sold, and you will be taxed at current. Thankfully, the loan amortisation tables are such that the repayment schedule is interest heavy and the tax-reversal rule only applies to Section 80C. You can still hold on to the tax benefits you claimed under Section 24 for interest payment.

4 Loans taken from relatives and friends are eligible for tax deduction. You can claim a deduction under Section 24 for interest repayment on loans taken from anyone, provided the purpose of the loan is to purchase or construct a property. You can also claim deduction for money borrowed from individuals for reconstruction and repair of property. It does not have to be from a bank.The lender must also file an income-tax return reporting the interest income and paying tax on it. This rule, however, is only applicable for interest repayment. You will lose all tax benefits for principal repayment under Sec 80C if you do not borrow from a bank or employer. Additional benefit of `50,000 under Sec 80EE is also not available if you borrow from individuals.

5 You can claim pre-construction period inter est for up to five years. You know you can start claiming your home loan benefits once the construction is complete and you get possession. But what happens to the instalments you paid during the construction or before you got the keys? As per the rules, you cannot claim principal repayment but interest paid during the period can be accrued and claimed post-possession. The law allows deferred deduction on interest payable during the pre-construction period. The deduction is available equally over a period of five years, starting from the year of possession

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

Top ELSS Funds of 2017

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2017 - 2018

Best 10 ELSS Mutual Funds to invest in India for 2017 - 2018

1. DSP BlackRock Tax Saver Fund

2. Axis Tax Saver Fund

3. Invesco India Tax Plan

4. BNP Paribas Long Term Equity Fund

5. Tata India Tax Savings Fund

6. Franklin India TaxShield

7. ICICI Prudential Long Term Equity Fund

8. IDFC Tax Advantage (ELSS) Fund

9. Birla Sun Life Tax Relief 96

10. Reliance Tax Saver (ELSS) Fund


Invest in Best Performing 2017 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

--------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now
Related Posts Plugin for WordPress, Blogger...

Popular Posts

Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now