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- Achieve long term capital appreciation by investing in equity of Mid and Small Cap companies
- Stock selection focused on stocks of higher growth companies at attractive valuations
- Performance History of more than 7 years
- Actively managed yet benchmark aware portfolio management
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Stock Market returns do not have linear movement
During bull markets, almost all stocks - the good, the not-so-good and the downright rubbish - tend to move up. Everyone seems to be elated because the value of their portfolios are moving up with leaps and bounds. So, you really won't know how resilient your portfolio is until there is a strong down turn. When selling becomes relentless - like it was 2 months back almost all stocks tend to lose ground. And so the cycle repeats. A bull market is followed by a bear market, which is followed by another bull market and then again a bear market. Many a times the retail investor goes out with a loss since he / she may have entered at a previous high and then blames the market. Is there no respite from this cycle? The answer is: No, because it is the inherent nature of markets. So what should investors do?
Markets have been choppy over last 2 years – A live example:
Indian stock markets started its bull run when the NDA Government won the general elections in May 2014. There was a sense of euphoria around the new government's reformist agenda, as investors started pumping money in the markets with a hope of turnaround. Valuations were at an all time high for major mid and small cap companies. However soon in midst of 2015, global and local factors played a spoil sport and Indian stock markets – Nifty corrected. In fact Nifty 50 touched 21 month low in Feb 2016. Again over last 2 months since the Budget was announced, markets have bounced back more than 12%.
This volatility has cause yet again many investors to enter markets at high points due to euphoria around the markets and sell stocks at losses due to fear around falling markets. Meanwhile people who have preferred the SIP route for investing tend to avoid the market volatility due to the concept of rupee cost of averaging. They follow a disciplined approach towards investing a fixed some periodically into mutual fund units in order to fulfil a financial goal.
(S)ystematic (I)nvestment (P)lan
Systematic Investment Plan or SIP, offer a simple and disciplined way to accumulate wealth over long term. Mutual Fund SIPs work pretty much like bank recurring deposits, except they generate superior risk adjusted returns compared to recurring deposits. It brings in a disciplined approach to invest regularly and can be started witha minimum of Rs.1000 per month. SIPs are perfect for people who wish to generate long term wealth without investing too much time, money and efforts into it.
Advantages of SIP Route:
- Need to time the market become irrelevant, since frequent investments ensure entry in the market at both high and low levels. Thus making it favourable in volatile markets
- Averages the cost of investment – which means when the markets are down one gets more mutual fund units and when markets are up one gets better returns
- Professional management of funds and diversification at a very low amount, thus eliminating the need for monitoring the funds on a daily basis
Below a snapshot of the performance of some of our key schemes as on 30th April 2016
Fund Name | 1 Year | 3 Years | 5 Years | 7 years | 10 Years |
Birla Sun Life Frontline Equity Fund | 0.58 | 12.96 | 15.35 | 13.75 | 14.08 |
Birla Sun Life Top 100 Fund | -0.19 | 13.26 | 15.54 | 14.08 | 13.19 |
Birla Sun Life 95 Fund | 3.85 | 15.33 | 15.68 | 14.13 | 14.24 |
Birla Sun Life Equity Fund | 3.53 | 17.88 | 18.24 | 14.84 | 13.44 |
Birla Sun Life Mid Cap Fund | 0.06 | 22.36 | 20.25 | 16.65 | 15.78 |
Birla Sun Life Dividend Yield Plus Fund | -7.11 | 9.41 | 10.52 | 10.59 | 12.65 |
Birla Sun Life India GenNext Fund | 2.41 | 17.35 | 18.85 | 17.95 | 16.58 |
Birla Sun Life MNC Fund | -1.98 | 27.41 | 26.01 | 23.92 | 21.93 |
Indices | 1 Year | 3 Years | 5 Years | 7 years | 10 Years |
Nifty 50 Index | -2.99 | 5.55 | 8.46 | 7.86 | 8.29 |
S&P BSE 200 Index | -2.33 | 7.88 | 9.93 | 8.72 | 8.92 |
Nifty 500 Index | -2.10 | 8.70 | 10.49 | 9.06 | 9.02 |
Nifty MNC Index | -8.41 | 11.72 | 13.99 | 13.24 | 13.00 |
Nifty Free Float Midcap 100 Index | 2.82 | 17.95 | 15.83 | 12.97 | 12.36 |
Mutual Funds have been instrumental in protecting downside and improving upside by selecting the good from the not so good and the downright rubbish. On top of this, SIPs in mutual fund have delivered better than Market performance over various periods. It is a safer way of investing for conservative equity investors through up and down market cycles. So, dear investor, you really have two choices. You either learn by being disciplined and well planned or you will learn by losing money.
The ball is in your court.
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to Invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. ICICI Prudential Long Term Equity Fund
5. Invesco India Tax Plan
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Sundaram Diversified 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
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
The Income Tax Department has made it mandatory to file your returns only in case the gross the total income exceeds Rs 2.5 Lakh
It is mandatory to file your Income Tax returns only in cases where your gross the total income (without allowing any deduction under section 80C to 80U) exceeds R2.5 Lakh. However whether or not it is mandatory to file returns, there are advantages to filing your income tax returns.
Processing of home, educational and other types of loans require income tax returns to be shown to the lending institutions.
Thus filing returns makes loans easier to process. Further, it is mandatory to have income tax returns for the processing of any Visa in case of travel abroad.
For further information contact SaveTaxGetRich on 94 8300 8300
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You can write to us at
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2 Anyone with Internet banking facility with transaction rights or a valid debit or credit card can create a Virtual Card.
3 Virtual Cards are valid for a maximum of 48 hours or till the transaction is completed, whichever is earlier.
4 Either the unutilised amount is credited back to the account after the time limit expires or the amount is debited only when the purchase is completed successfully.
5 It protects the user from card related frauds as the primary card or account details are not communicated to the merchant.
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to Invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. ICICI Prudential Long Term Equity Fund
5. Invesco India Tax Plan
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Sundaram Diversified 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
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
1 BASIC SALARY
It is vital to decide how much of your CTC should make up the basic salary, because it is fully taxable. If the basic is too high, your tax liability will shoot up. Other components of salary exemptions, such as the HRA and Provident Fund benefits, are linked to basic pay. Designing a tax efficient pay structure is always a trade-off between higher take home and maximum tax benefits.
Junior employees need a higher monthly payout. They can get that by opting for a lower basic salary and adding other fixed allowances in the salary structure such as food allowance, medical reimbursement, conveyance allowance, telephone, etc. These allowances are fixed and payable monthly. Employees may get taxed on these to a certain extent, but at a lower rate.
Senior employees fall in a higher tax bracket. For them, tax savings gets priority over a higher take-home salary. Hence, a higher basic salary would fetch additional tax benefits for such individuals.
2 ALLOWANCE
The Income Tax Act has prescribed certain allowances for all salaried individuals which are exempt at source. So if these allowances are a part of the pay structure, the overall tax liability may come down to a great extent.
3 PERQUISITES
The additional benefits or amenities provided by the employer to an employee are termed as perquisites. The Income Tax Act allows exemption for certain perquisites which if included as component of salary can result in tax savings.
4 RETIREMENT BENEFITS CONTRIBUTIONS
The fourth and the most important component of any salary structure is the retirement benefit contribution which is not payable to the employee immediately and is in the nature of long-term savings for them. While these savings help them lead a dignified life post-retirement, they also result in a lower take home package. It is important to decide the right ratio for these contributions. To motivate individuals to save more towards building a good retirement corpus, tax laws allow certain exemptions and deductions for these contributions.
Be diligent while designing your pay structure. Use the table alongside to plan the perfect salary structure.
Top 10 Tax Saver Mutual Funds for 2017 - 2018
Best 10 ELSS Mutual Funds to Invest in India for 2017
1. DSP BlackRock Tax Saver Fund
2. Tata India Tax Savings Fund
3. Birla Sun Life Tax Relief 96
4. ICICI Prudential Long Term Equity Fund
5. Invesco India Tax Plan
6. Franklin India TaxShield
7. Reliance Tax Saver (ELSS) Fund
8. BNP Paribas Long Term Equity Fund
9. Axis Tax Saver Fund
10. Sundaram Diversified 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
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
When it comes to investing, traditional modes of investment may be a safe option. But when it comes to potential wealth-creation, the need is for a different approach. Or rather, a diversified one!
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
Tax Implication on maturity of Traditional Insurance Policy
For a traditional insurance policy, the maturity proceeds are tax free under Section 10(10D). The maturity proceeds of your life policy will be tax free if the sum assured of your policy is more than 5 times the annual premium.
Maturity proceeds of insurance policies are tax free for:
- All policies issued up to 31.03.2003
- policies issued between 01.04.2003 to 31.03.2012 if sum assured is more than five times the annual premium
- policies issued from 01.04.2012 and on wards if sum assured is more than 10 times the annual premium
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
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Call us on 94 8300 8300
Submit your PF withdrawal application directly to the regional PF Office
You may contact the Regional PF office. Get a PF withdrawal form, fill it and submit the same directly to the regional Provident Fund Office. This procedure requires identity attestation since the PF office would want to be sure whether the right person is applying for withdrawal. Hence, your withdrawal form needs to be attested.
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
OR
Call us on 94 8300 8300
E-filing of IT returns for year 2014 - 15 & 2015 - 16
The I-T Department accepts tax returns for past two financial years
The deadline for filing returns for the Financial Year 2014-2015 was July 31, 2015. If you missed this deadline, you could file by March 31, 2016. If you missed the late deadline too, you can still file by March 31, 2017. But this might attract a penalty.
The returns filed after the due date i.e. 31st July or 30th September is considered as Late Return under section 139(4).
For further information contact SaveTaxGetRich on 94 8300 8300
OR
You can write to us at
Invest [at] SaveTaxGetRich [dot] Com
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Call us on 94 8300 8300
Mutual Fund Application Forms | Download Any Applications |
Invest in Tax Saving Mutual Funds | Invest Online |
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