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Know About Dream Home Calculator & Plan Your Dream Home at Mirae Asset. Know About Target SIP Calculator & Reach Your Target Wealth at Mirae Asset. Understand ELSS vs PPF Difference and More at Mirae Asset. Public Provident Fund (PPF) is one of the popular traditional 80C tax savings options in India.

Understand ELSS vs PPF Difference and More at Mirae Asset

There are several reasons for PPF’s popularity among tax payers. The average retail investor is usually risk averse and capital safety is assured by the Government in PPF. Historically, PPF interest rates have been few basis points higher than the prevailing bank fixed deposit rates and PPF maturity proceeds are entirely tax free. Mutual Fund Equity Linked Savings Scheme (ELSS) has been growing in popularity as tax savings investments among retail investors over the last several years. Investment in ELSS like PPF, qualify for tax deduction under Section 80C of Income Tax 1961. Performance comparison of PPF and ELSS over different investment tenures PPF pays interest on accumulated deposits and accrued interest. Source: Advisorkhoj Mutual Fund Research, Dated 31st October 2019 You can see that Nifty gave higher returns than PPF across various tenures.

Tax treatment of PPF versus ELSS. What is Top Up SIP Plan Explained at Mirae Asset. What is Systematic Investment Plan (SIP) Explained In-Detail at Mirae Asset. Know All the Mutual Fund Benefits Offered at Mirae Asset. Know All on Goal Based Investment Through Mutual Funds at Mirae Asset. Good investment advisors are increasingly endeavouring that their investors do not make random investments in mutual funds and instead map these with their various financial goals.

Know All on Goal Based Investment Through Mutual Funds at Mirae Asset

Most Indian investors do not have a structured approach to savings and investments. Most people do not have saving targets as the amount of money they save depends on their spending habits. What is the meaning of goal based investments Every individual has financial goals that he needs to reach in the short, medium or long term period. Investing regularly to be able to reach the respective financial goal is called goal-based investing. How can you plan for financial goals First, you need to know your various financial goals which you wish to achieve over various time periods. For example – your current cost of a future goal, which is 10 years away from now, is Rs 20 Lakhs. Understand How to Start SIP Investment Online at Mirae Asset. Mutual Fund SIP is a simple tool that helps you to invest regularly in mutual fund schemes of your choice.

Understand How to Start SIP Investment Online at Mirae Asset

You can start a SIP with a frequency of your choice: daily, weekly, monthly or quarterly. However, you must check with the AMC in whose scheme you want to start a SIP as all AMCs may not offer all the frequencies mentioned herein. As per SEBI regulations, you should be KYC compliant to invest in mutual funds. You can fulfil KYC requirements by submitting filled in KYC form with your self-attested photograph affixed on it.

If you are submitting your KYC documents directly to the AMC or RTA, in person verification will be required. AMFI registered mutual fund distributors are also authorized to conduct in person verification. However, if you are an existing mutual fund investor, you are likely to have fulfilled all KYC requirements. The above is a procedure of how to start mutual fund SIPoffline. Step 1 – Arrange the necessary documents. Know The Types of Mutual Funds in India Offered at Mirae Asset. Know All Mutual Fund Investment Plans That Are Offered at Mirae Asset. Know All on Exchange Traded Fund (ETF Fund) at Mirae Asset.

What is ETF?

Know All on Exchange Traded Fund (ETF Fund) at Mirae Asset

An ETF is a basket of stocks that reflects the composition of an Index, like the Sensex or the Nifty. ETF prices reflect the net asset value of basket of stocks in which it is investing. In many ways, it is similar to mutual funds. Exchange Traded Funds (ETFs) are actually Index Funds that are listed and traded on exchanges like stocks and are passively managed. Mutual funds aim to generate alpha by outperforming a market benchmark, whereas ETFs aim to track the relevant index and replicate it returns. How to select ETFs and Index Funds? Know Everything on Debt Mutual Funds For Regular Returns at Mirae Asset.

Government securities (G-Secs) are also known as Gilts.

Know Everything on Debt Mutual Funds For Regular Returns at Mirae Asset

Like any other bond, Gilts also have fixed maturities, during which they pay interest and principal on maturity. Since they are issued by the Government, Gilts have no credit risk at all. However, long term Gilts have high interest rate sensitivity due to their long durations. How Indexation is applied in debt fund taxation: By applying indexation, the investor is allowed to adjust the purchase price to reflect inflation for capital gains tax. For example - if you invested in a debt fund in FY 2016 at a NAV of Rs 100 and sold it in FY 2020 at a NAV of Rs 130, you will be allowed to adjust your purchase NAV by a factor of 1.137 (ratio of cost of inflation index in FY 2020 and FY 2016) and your adjusted purchase price will be Rs 113.7. All You Need to Know on Hybrid Mutual Funds Online at Mirae Asset. What are hybrid funds?

All You Need to Know on Hybrid Mutual Funds Online at Mirae Asset

Hybrid funds are mutual fund schemes that are characterized by diversification within two or more asset classes. The term ‘hybrid’ itself indicates that the portfolio invests in multiple asset classes. As these funds typically invest in a mix of equity, debt and other products, they are also known as asset allocation funds. As hybrid funds invest in a mix of assets, it offers investors a diversified portfolio. Therefore, through a single fund, the investors have an option for investing in multiple asset classes. These funds offer schemes for varying levels of risk tolerance ranging from conservative to moderate, to moderately high and aggressive. Features and Benefits Hybrid mutual funds enjoy the flexibility of investing in both equities and debt securities simultaneously along with other asset classes like gold. One of the crucial aspects of investors financial planning for achieving various financial goals is asset allocation.

Know All on Equity Mutual Funds For Higher Growth & Returns at Mirae Asset. Know All on STP Calculator Online & Instantly Calculate Returns at Mirae Asset. All You Need to Know on SWP Returns Calculator Online at Mirae Asset. Know About Rolling Returns Calculator to Easily Calculate Your Returns Online at Mirae Asset. Know All on Mutual Fund SIP Calculator With Top Up Online at Mirae Asset. All You Need to Know on Mutual Funds SIP Return Calculator Online at Mirae Asset.