Invest In Tax Saving Mutual Funds Online
Deutsche Mutual Fund has filed documents with the Securities and Exchange Board of India requesting permission to launch the first- ever debt scheme that would invest in inflation- indexed bonds.
The fund seeks to manage a portfolio of predominantly inflation- linked bonds ( ILBs) to provide an inflation- adjusted return while maintaining a balance between liquidity and profitability of the investments.
"The fund manager seeks to extract value from the interplay of real and nominal interest rates. The fund would use a combination of portfolio strategies like yield curve positioning, duration, relative value positioning and other tactical strategies," it added.
The scheme will have a minimum investment size of ₹ 5,000.
It has a mandate to invest 70- 100 per cent in inflation indexed securities. It can also invest in debt securities, including money market instruments, to the extent of 30 per cent of its assets.
The first sale of inflation indexed bonds was on June 4 and another on June 25. Both were fully subscribed.
The inflation- indexed bond security is not the best debt instrument for investors because of its reliance on wholesale price index ( WPI) inflation than consumer price index ( CPI) data.
The WPI inflation for May was 4.7 per cent compared to CPI's 9.31 per cent.
This means the net pre- tax returns are not as attractive as available from debt funds or even bank deposits.
Compared to bank deposits, which provide nine per cent returns, and many income funds which provide returns in excess of ten per cent pretax, the returns for inflation bonds are around eight per cent.
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
Leave your comment with mail ID and we will answer them
OR
You can write back to us at PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
No comments:
Post a Comment