Definition: A mutual fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds and other securities.
Description: As an investor, you can buy a mutual fund in the most hassle free manner by contacting us. We will be there at your doorsteps to guide you to select best possible funds.
WHY MUTUAL FUNDS
1.YOU ARE JUST NOT INVESTING, YOU ARE HIRING AN EXPERT: Investing in equity requires regular monitoring and researching. Here you just have to buy the fund and rest all will be taken care of by the expert whose full-time job is researching and monitoring the funds.
2. LIQUIDITY – GET YOUR MONEY WHENEVER YOU WANT: Excluding few types of funds. There are no lock-in periods like FD or another investing instrument. You are free to exit at any point, depending on your requirements.
3. AFFORADIBLITY – MUTUAL FUND IS AFFORDABLE FOR ALL: Investors can invest as minimum as Rs. 500 (SIP).
4. TAX BENEFIT:
ELSS: Investment in equity linked saving scheme (ELSS) qualifies for a tax deduction of up to Rs 1.5 lakh under Section 80 C of the Income Tax Act.
Long term capital gain: Keeping investment in equity scheme for more than a year will give tax-free capital gain whereas in debt, 3 years investment in debt fund qualifies for indexation which makes the tax on capital appreciation minimal
5. Beat the inflation: There is no way that your traditional saving scheme can pace up with the inflation rate and rising cost of living. You can keep the check on inflation by investing in the mutual fund which gives approx 12% to 15% CAGR.