Wednesday, 25 February 2015

ELSS Mutual Funds

Quick Overview of ELSS Fund
  • Diversified Equity Fund with all the corpus invested in Equity Fund
  • Lock IN period of 3 years from the Date of Investment
  • Returns from the Fund are tax free with out any capital gains
  • Investment Under this Scheme can be claimed for tax deduction upto Rs.1.5 Lacs
How to invest in ELSS
  • Invest atleast One Third of the total Tax saving amount in ELSS funds
  • Invest a Lumpsum Amount as the same can be withdrawn after 3 years
  • Invest in Growth Option 

Sunday, 22 February 2015

Last 1 Month to take benefits of 80C for financial year 2014-2015

Hurry up people & make your investments count towards 80C..

Under the increased limit for 80C tax deduction, an employed individual can now invest addition Rs.50,000/- to claim tax deduction. A small amount of this extra surplus can be well directed towards ELSS (Equity Linked Saving Schemes) in order to reap addition benefits from the stock market (Check Stock market returns in 2014) as compared to conventional Fixed deposit Schemes or Public Provident fund(PPF). For more details Rs.50,000/- a new opportunity for ELSS(SIP)

Thursday, 22 January 2015

" MAKE in(VESTMENTS) INDIA "

"Make In  INDIA" & ALSO make INVESTMENTS in INDIA as Well
With an idea to tap key potential of Indian Manufacturing Story BSL Mutual Fund has initiated BIRLA SUNLIFE MANUFACTURING EQUITY FUND.

INVESTMENT RATIONALE
  • Govt Aiming @ GDP Contribution of 25% from Manufacturing.
  • Cost of Manpower Relatively Low as Compared to peer group BRICS.
  • Falling (Rs.) Vs ($) makes Indian exports increasingly competitive.
WHY INVEST NOW?
  • Manufacturing Sector will double its contribution to GDP in near future.(3 Years)
  • Banks Easing Interest Rates.(RBI easing rates this quarter).
  • Demand PICKS UP from RAILWAYS, DEFENSE, INFRASTRUCTURE & planned investments in SMART CITIES across METROs.
Minimum Holding Period 1 Year to achieve decent returns.

Monday, 29 September 2014

Rs.50,000/- a new opportunity for ELSS(SIP)

Under the increased limit for 80C tax deduction, an employed individual can now invest addition Rs.50,000/- to claim tax deduction. A small amount of this extra surplus can be well directed towards ELSS (Equity Linked Saving Schemes) in order to reap addition benefits from the stock market (Check Stock market returns in 2014) as compared to conventional Fixed deposit Schemes or Public Provident fund(PPF).