Top Mid Cap Mutual Funds

Today we compare “Thematic Infrastructure” Mutual Fund with their yearly returns. We daily update returns of the best mutual fund in industry. As we earlier discuss Small and mid-cap mutual fund and Pure Large Cap mutual fund. 

Mutual funds are among the best favorites with all investor. Today Investing in the mutual fund is highly recommended by direct companies or brokers. As said, "Start Investing early for better wealth creation."

Top Pure Mid Cap Mutual Fund (As on 13th Nov 2019)

A. Axis Midcap fund: 

5 Year return-13.68 %.

B. DSP Midcap Fund:

5 Year return-10.3 %.

C. Tata Midcap Fund: 

5 Year return-8.55 %.

D. Kotak Emerging Equity fund: 

5 Year return-9.99 %. 

E. Invesco India Midcap fund:

5 Year return- 9.73%.

Hope you find the article helpful.

For any query, comment us below.

Previous - Equity Linked Saving Scheme (ELSS) - Overview

Next - Top 5 Mutual Funds

Click imagination hunt to read latest blogs.

Posted By - +Nitin Gautam +LIVE VIAR +ASP.NET SOLUTIONS 

Keep learning and sharing...

Read More »

Equity Linked Saving Scheme (ELSS)- Overview

ELSS is the part of Mutual Fund Investment. Equity Linked Saving Scheme(ELSS) directed as per the ELSS mutual fund guidelines issued by CBDT under section 80C of the Income Tax Act 1961. The purpose of recommending ELSS is to encourage investments in equities by providing tax rebate or exemption.

The maximum Tax amount up to Rs. 1.5 Lakhs (for the current financial Year), is to be exempted by investing in ELSS scheme.

Investors who invest in ELSS funds are investing in a fund where minimum part of their investment means 80% of the invested amount can be in equities and equity-related securities. If we are comparing the return on investment(ROI), ELSS gives the higher performance than other tax saving instrument.

ELSS investments come with a locking period of three years, where the long-term capital gains and dividends are tax-free.

The lock-in period is only of three years making it the best option with the shortest lock-in period in tax saving options/scheme.

Benefits OF ELSS Investment

1. Tax exemption: Investor by investing Rs. 1.5 Lakhs (current financial Year) in ELSS mutual funds are eligible for tax exemption under SECTION 80C.

2. Minimum Lock-in period: ELSS mutual funds come with the lock-in period of three years. ELSS has the least lock-in period compared too other 80C options.

3. Tax-free Returns and dividends: It is the fact that there are the limited tax saving instruments like PPF, ELSS, ULIP and tax-free bonds. Each instrument has different benefits with some limitations.  Corporate Fixed Deposit, NSC, Bank FD, Post office scheme, etc. all these tax saving options’ returns are taxable based on individual tax slab that means whatever the interest you get in that year will be club in income slab. Let's have a look at the interest earned by Public Provident Fund(PPF); Returns are tax-free, but with a limitation that, there is 15-year lock-in period, means you cannot withdraw (apart from certain exemptions to withdraw in between). The best tax saving investment option that provides tax-free returns and high return on investment for a short period is ELSS Mutual funds.

4. Growth with Good Returns: Since an ELSS mutual fund invests in equity related instruments so these schemes would help you to grow your invested money with better returns when the stock market grows over a period.

Top ELSS Mutual Fund (As on 6th Oct 2017)

1. Axis Long Term Equity Fund (G): 

1 Year return- 15.3%, 3 Year return- 14.6%, 5 Year return- 22.2%.

2. Kotak Tax Saver - Regular (G):

1 Year return- 14.7%, 3 Year return- 15.4%, 5 Year return- 15.9%.

3. Reliance Tax Saver (ELSS) (G):

1 Year return- 18.8%, 3 Year return- 13.1%, 5 Year return- 20.8%.

4. IDFC Tax Advantage (ELSS)-RP (G):

1 Year return- 25.5%, 3 Year return- 16.5%, 5 Year return- 20.9%.

5. Franklin India tax Shield(G): 

1 Year return- 10.2% Year return- 13.1%, 5 Year return- 18.1%.

6. HDFC Tax Saver (G): 

1 Year return- 16.5%, 3 Year return- 10.4%, 5 Year return- 16.3%.

Hope you find the article helpful.

For any query, comment us below.

Previous - How to change the address in the mutual fund folio?

Next - Top Mutual Funds

Click imagination hunt to read latest blogs.

Posted By - +Nitin Gautam +LIVE VIAR +ASP.NET SOLUTIONS 

Keep learning and sharing...

Read More »

Top Mutual Funds

Today we compare “Thematic Infrastructure” Mutual Fund with their yearly returns. We daily update returns of the best mutual fund in industry. As we earlier discuss Small and mid-cap mutual fund and Pure Large Cap mutual fund. 

Mutual funds are among the best favorites with all investor. Today Investing in the mutual fund is highly recommended by direct companies or brokers. As said, "Start Investing early for better wealth creation."

Top Pure Mid Cap Mutual Fund (As on 06th Oct 2017)

A. L&T Midcap Fund (G): 

1 Year return- 29.6%, 3 Year return- 23.5%, 5 Year return-28.0 %.

B. SBI small & mid-cap fund – Direct (G):

1 Year return- 33.6%, 3 Year return- 30.3%, 5 Year return- %.

C. IDFC Sterling Equity Fund - RP (G): 

1 Year return- 30.4%, 3 Year return- 17.8%, 5 Year return- 20.8%.

D. Reliance Small Cap Fund (G): 

1 Year return- 27.9%, 3 Year return- 21.8%, 5 Year return- 30.4%. 

E. Mirae Emerging Bluechip Fund (G):

1 Year return- 23.2%, 3 Year return- 24.4%, 5 Year return- 29.9%.

F. ABSL Small and Midcap Fund (G):

1 Year return- 23.4%, 3 Year return- 24.0%, 5 Year return- 26.0%.

G. Kotak Emerging Equity - Regular (G):

1 Year return- 15.8%, 3 Year return- 20.8%, 5 Year return- 24.3%.

H. ICICI Pru MidCap Fund (G): 

1 Year return- 17.8%, 3 Year return- 16%, 5 Year return- 23.7%.

Top Thematic Infrastructure Mutual Fund (As on 06th Oct 2017)

A. Franklin Build India Fund (G): 

1 Year return- 14.2%, 3 Year return- 17.0%, 5 Year return- 24.9%.

B. Kotak Infrastructure & Economic Reform-Standard (G):

1 Year return- 17.3%, 3 Year return- 15.5%, 5 Year return- 18.6%,

Top Pure Large Cap Mutual Fund (As on 06th Oct 2017)

1. SBI Blue chip fund(G): 

1 Year return- 10.2%, 3 Year return- 13.7%, 5 Year return- 18.3%.

2. Reliance Top 200 Fund-RP(G): 

1 Year return- 16.1%, 3 Year return- 12.8%, 5 Year return- 16.7%.

3. ICICI Pru Top 100 Fund (G): 

1 Year return- 13.6%, 3 Year return- 10.8%, 5 Year return-   16.0%,

4. BNP Paribas Equity Fund(G): 

1 Year return- -12.1%, 3 Year return- 10.4%, 5 Year return- 16.8%. 

5. Kotak Select Focus Fund - Regular (G): 

1 Year return- 17.3%, 3 Year return- 16.9%, 5 Year return- 20.6%.

6. Reliance Vision Fund - RP (G): 

1 Year return- 18.5%, 3 Year return- 12.3%, 5 Year return- 15.4%.

Hope you find the article helpful.

For any query, comment us below.

Previous - Equity Linked Saving Scheme (ELSS) - Overview

Next - Top 5 Mutual Funds

Click imagination hunt to read latest blogs.

Posted By - +Nitin Gautam +LIVE VIAR +ASP.NET SOLUTIONS 

Keep learning and sharing...

Read More »