Volatility refers to price fluctuations in a security, portfolio, or market segment during a fairly short time period—a day, a few weeks, a month, a few months, and maybe even a year. Such fluctuations are inevitable in nature. However if one is investing for the long-term, volatility is not a problem and can even be your friend, enabling you to buy more of a security when it's at a low point.

Key Highlights:

      PE driven dynamic asset allocation – Solves the dilemma of selecting the correct asset class

      Emotion-free investing – Allocation and rebalancing decisions in this fund are well-defined and tested processes that removes biases

      Equity Taxation – Invests in both equity & debt asset classes, but seeks to maintain gross equity exposure of 65% at any given point in time

      Regularity of income – Endeavours to provide month-on-month tax-free dividends

      Fund for every market cycle – Suitable for investors looking for stable risk-adjusted returns over the long-term, irrespective of market conditions

Fund asset allocation update: The net equity exposure for the fund as on April 2017 is 42.12 and the trailing PE of S&P BSE 100 was 24.83

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

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HDFC Equity Fund

• Fund Manager: Prashant Jain
• Process: A research-driven process that focuses on quality growth stocks.
• Performance: Over the long haul, the fund boasts a stellar track record across the risk and return parameters.
• Expense Ratio: 2.20%
• Minimum Investment: Rs 5,000

An unwavering focus on the long-term and willingness to back conviction bets are integral to manager Prashant Jain's investment approach. Hence he doesn't shy away from trading near-term pain for long-term gains. This approach was on display not so long ago (in 2015) when Jain held on to his investments in public-sector banks (particularly SBI) despite it running into rough weather, and the fund languishing in the bottom performance quartile. This was not surprising as the manager has long favoured public-sector banks in his portfolios as he believes that they will be major beneficiaries of India's long-term structural growth.

Notwithstanding short-term blips, Jain has demonstrated considerable skill in navigating the fund through varying market conditions over the years. Expectedly, he made a promising comeback this time around as well with his conviction in public-sector banks paying off well, helping it to record top-quartile performance in 2016.

Research is central to the investment style, with Jain effortlessly combining top-down and bottom-up analysis (with more emphasis on the latter) to identify companies with robust business models, strong balance sheets, and competitive advantages. He pays heed to valuations while picking stocks, freely combining relative and absolute valuation methods. While constructing the portfolio, Jain is mindful of the benchmark index weights, but is not benchmark-aligned. His willingness to be disciplined and adhere to his investment style even when it is out of favour is noteworthy.

Admittedly, the process has its biases. The valuation consciousness coupled with aversion to speculative fare may cause the fund to lag peers in momentum-driven markets. Further, in a downturn, Jain's policy of staying fully invested could lead to underperformance versus peers that get their cash calls right. Yet, we believe the process will hold long-term investors in good stead.

An exceptional manager backed by a strong team, a robust investment approach, and one of the best asset managers in the industry add up to a best-in-class offering, in our book. 

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

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

According to Reserve Bank of India (RBI) rules, it is mandatory for bank account holders to provide their PAN or Form 60.In a circular issued in December 2016, RBI instructed all banks to disallow debit transactions in accounts where PAN or Form 60 (in terms of Rule 114B of the Income Tax Rules) had not been provided.

Scope

Debit freeze for non updation of PAN Form 60 may be done only in the following cases: Account balance is `5 lakh or more.

Total deposits made after 9 November 2016 exceed `2 lakh.

Unfreezing debit freeze

In order to unfreeze the debit freeze on one's account, the account holder must forthwith furnish PAN Form 60 (as applicable) to the bank.

Visit to the branch

The account holder can visit the nearest bank branch and fill up a designated form for updation of customer details. Self attested copy of PAN or Form 60 shall be attached to the form and submitted.Original PAN should also be carried along at the time of submission.

Online method

Banks also provide an online method to carry out this procedure. The account holder can log in to the Netbanking portal of the bank and click on the "Update PAN" section. The account holder will have to key in his PAN details and upload the PAN or Form 60 as applicable. Once the documents are uploaded successfully the account will be unfrozen by the bank.

Email

Alternatively, the account holder can write an email to the designated customer services email id quoting the PAN or Form 60 details and upload the PAN or Form 60 (as applicable). Once the email is sent, the documents are verified by the bank and account is unfrozen.

No withdrawals or debits in any form will be possible (not even electronically), once the account is frozen for debits.

Some banks also allow updation of PAN details on their mobile banking portals

SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

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Check EPF balance, passbook on Umang app

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

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

Not many people may understand the cost-to-company (CTC) emoluments package that companies offer to their prospective employees, but to understand the CTC package is to be sure what the company is offering the employee in terms of take-home pay and the gross emoluments that constitutes the CTC.

Now, to understand what the employee will get and what he/she will not get in the take home pay, we need to look at the difference between the monthly salary component and the CTC components. In other words, we need to look at the components that constitute the CTC.

But before we look at the CTC components, we need to look at the salary structure that may be the take home pay for the employee. The salary components may include basic salary, dearness allowance, house rent allowance, conveyance allowance, magazine allowance, entertainment allowance, among others. The basic salary and allowances that are paid by the company to the employee on a monthly basis constitute the take-home pay (minus the employee's contribution to provident fund, professional and other taxes, etc.). These expenses incurred by the company are fixed for a period of one year or till the time of revision of pay.

However, as stated earlier, CTC means cost-to-company, which means it is the cost incurred by the company on the employee. Apart from salary, the company may incur many other expenses on the employee as part of its contractual obligation as per the terms of employment. These expenses could include medical reimbursement (up to a pre-specified annual limit), contribution to provident fund, gratuity, annual bonus, performance bonus, group insurance (medical or life), cost of professional training, interest subsidy on loans, food subsidy, among others.

From the above, it is evident that the CTC pay structure offered by the company may look attractive, but the take-home pay might be substantially lower.

Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

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You can write to us at

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Call us on 94 8300 8300

Interest rate: 8.3% Tenure: 5 years

Another bestseller from the Post Office, this scheme gives out regular income to retirees. The tenure of the scheme is five years, which is extendable by another three years. However, there is a `15 lakh overall investment limit per individual. Also, the scheme open only to investors above 60. In some cases, where the investor has opted for voluntary retirement and has not taken up another job, the minimum age is relaxed to 58 years. There is also no age bar for defence personnel. They can invest in the scheme even before 60 as long as they satisfy the other requirements.

Experts say the Senior Citizens' Savings Scheme should be the first option for retirees looking to park their life savings. "It offers assured returns and regular income. These are critical requirements of most retirees. This is what made Faridabad-based retired PSU manager  park `15 lakh of his retirement proceeds in the scheme. The remaining is invested in bank deposits and the Post Office Monthly Income Scheme to earn a monthly income.

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

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