Investment in ELSS, also known as tax saving mutual fund, comes with tax benefit of up to Rs 1.5 lakh in a financial year. ELSS also has the shortest lock-in period of 3 years, compared to a lock-in period of 5 years or more in other tax-saving instruments. Over the long run, ELSS can potentially generate…
We are nearing the end of the calendar year 2022, and it is time to welcome 2023. And what better way to welcome the new year by securing your financial future through investments in some of the best mutual funds! What are equity mutual funds? Equity mutual funds are schemes that invest predominantly in equities i.e. shares of companies.…
Small Cap Funds have the potential to create significant wealth and alpha over the long term, albeit at higher risk compared to other equity mutual fund categories. Investment in Small Cap Funds is a good way to uncover the potential of multi-baggers of tomorrow while they are still relatively undiscovered. If you have a high risk…
Focused Funds are equity mutual funds that take concentrated bets in high-conviction and high-quality names. Such funds focus on investing in a limited number of stocks (maximum 30), where the fund manager has high conviction. The success of a Focused Fund depends on the stock-picking skills and abilities of the fund manager. Hence, it is important…
Flexi-cap funds follow a dynamic investment approach and have the flexibility to invest across market cap segments, as per the conviction of the fund manager. In the absence of any limit or restriction, this category offers the fund manager complete freedom to decide on the market cap allocation to be held in the portfolio and…
Diwali, the most popular festival in India, that symbolises the victory of good over evil, light over darkness, and knowledge over ignorance has arrived. It is a time for celebration, jubilation, and spending quality time with your loved ones. The fact that some individuals receive Diwali bonus from their employers acts like a cherry on…
Equity mutual funds follow different styles of investing, namely growth, value, or a blend of these styles. Each style of investment has its own advantages. The value style of investing is mainly suitable for pure long-term investors who prefer stocks with better margin of safety. Value investing is all about finding the ‘hidden gems’ of…
Investing in ELSS offers you the triple advantage of tax-saving (under Section 80C of the Income Tax), wealth creation through equities, and the lowest lock-in period compared to other tax-saving instruments. The core objective of investing in ELSS is to maximise wealth by investing in a diversified basket of stocks spread across sectors and market…
Certain mutual funds categories, such as Small Cap Funds, carry high risk. But when you choose the right scheme, it can prove to be extremely rewarding. Notably, most of the exponential wealth-creation stories are from the midcap and small-cap segments. Interim market corrections offer you the opportunity to invest in such high-risk mutual funds that may reward…
The equity market has once again witnessed high volatility over the past few weeks amid fears of global slowdown. In the current market environment, if you are looking for capital appreciation from equities but do not have a high-risk appetite, you can consider investing in Aggressive Hybrid Funds. These schemes are likely to be less volatile…
