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Thursday, January 16, 2020

ELSS, PPF, NPS, ULIP: which is the best option to save taxes under Section 80C?

THE ECONOMIC TIMES
Fri, Jan 17, 2020 | 08:14 AM IST

Mutual Funds Newsletter

ELSS, PPF, NPS, ULIP: which is the best option to save taxes under Section 80C?

We have compiled the features of these investment options - both the qualitative and quantitative data - that would help you to compare and find the best tax-saving option for you.

How OP Katta started with a few SIPs in mutual funds and made a few crores in 13 years

Katta had always been a real estate investor. He believed that it was the safest asset to bet on. In December 2007, Katta met his mutual fund advisor for the first time and understood the concept of mutual fund investments. He still remembers asking, "paisa doobega toh nahi?"

Best ELSS or tax saving mutual funds to invest in 2020

If you want to invest in ELSS funds but don't know which schemes to choose, here are our recommended Equity Linked Saving Schemes or tax saving mutual funds to invest in 2020.

Government's ability to cut personal income tax rate in budget is limited, says Akash Singhania of Motilal Oswal AMC

"If you look at the data for last 20 years or any long time period, GDP and earnings growth and the market performance have been extremely correlated and very similar to each other."

Should investors pick only Axis or Mirae mutual fund schemes?

Deepali Sen, a mutual fund advisor responds to frequently asked questions by investors.

Top Mutual Funds
SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%)
Axis Bluechip Fund Direct Plan-Growth
★★★★★
21.38 22.37 11.28 2.15
Invest Now
Axis Bluechip Fund-Growth
★★★★★
19.83 20.90 10.64 2.04
Invest Now
Canara Robeco Bluechip Equity Fund Direct-Growth
★★★★★
16.97 19.69 11.68 2.77
Invest Now
Mirae Asset Large Cap Fund Direct- Growth
★★★★★
16.03 15.70 8.21 2.05
Start SIP
Sundaram Select Focus Fund Regular-Growth
★★★★★
15.98 15.42 7.97 1.64
Franklin Build India Fund: Fund Review

Among infrastructure-focused mutual fund schemes, Franklin Build India has been top performer in the past five-year and 10-year periods within the category of infrastructure-dedicated schemes.

Prashant Jain's love for PSUs continues; interest in govt-owned companies evident in December purchases

The AMC's interest in PSUs is evident as four out of five top stocks where the mutual fund house increased its stake during the calendar year 2019 were public sector shares.

TERM OF THE WEEK
New Fund Offers
Fund Name Category Type Open Close Min Inv
Tata Quant Fund Reg-G Equity: Thematic Open-ended 03 Jan 17 Jan 5000.00
Tata Quant Fund Reg-D Equity: Thematic Open-ended 03 Jan 17 Jan 5000.00
Tata Quant Fund Direct-G Equity: Thematic Open-ended 03 Jan 17 Jan 5000.00
Tata Quant Fund Direct-D Equity: Thematic Open-ended 03 Jan 17 Jan 5000.00
Axis All Seasons Debt Fund of Funds Reg-G Debt: Dynamic Bond Open-ended 10 Jan 22 Jan 5000.00
More >>
Forthcoming Dividend
Fund Name Category Type Record Date Div Per Unit
Principal Hybrid Equity-DM Hybrid: Aggressive Hybrid Open-ended 17 Jan 2020 0.19
Franklin India Taxshield-D Equity: ELSS Open-ended 17 Jan 2020 2.55
PGIM India Equity Savings-DM Hybrid: Equity Savings Open-ended 17 Jan 2020 0.05
Principal Balanced Advantage-DM Hybrid: Dynamic Asset Allocation Open-ended 17 Jan 2020 0.06
Franklin India Taxshield Direct-D Equity: ELSS Open-ended 17 Jan 2020 2.55
* Funds with daily dividend distribution frequency options are excluded More >>
Weekly Mutual Funds Activity
Date Equity ( Cr.) Debt ( Cr.)
Gross Purchase Gross Sale Net Pur./Sale Gross Purchase Gross Sale Net Pur./Sale
14-01-2020 2960.27 3455.84 -495.57 9092.65 8453.61 639.04
13-01-2020 3621.31 3318.48 302.83 7634.84 6968.21 666.63
10-01-2020 3503.68 3574.58 -70.90 7060.88 6734.56 326.32
09-01-2020 4108.72 3461.97 646.75 7381.89 6771.01 610.88
08-01-2020 3953.23 3026.20 927.03 6168.21 5062.80 1105.41
07-01-2020 3232.00 2869.82 362.18 6659.30 5847.98 811.32
06-01-2020 2718.06 2608.37 109.69 8383.28 4212.46 4170.82
Click here to view all WMF >>
Top Mutual Funds of the week (5-Star Rating)
Scheme Name Nav Returns Ratings AUM(Cr.) Style Box Expense Ratio
Equility Debt
JM Core 11 Direct Plan-Growth 10.5468 4.18 55.24 - 1.69
L&T Infrastructure Fund Direct-Growth 16.9600 4.05 1699.51 - 1.18
L&T Infrastructure Fund-Growth 16.0200 4.03 1699.51 - 2.21
Franklin Build India Direct Fund-Growth 46.8421 3.83 1225.65 - 1.17
Franklin Build India Fund-Growth 43.1280 3.81 1225.65 - 2.51
Click here to view all TMFW (5 Star) >>
Top Mutual Funds (All Ratings)
Scheme Name Nav Returns Ratings AUM(Cr.) Style Box Expense Ratio
Equility Debt
UTI Long Term Advantage Fund - Series IV Direct - Growth 11.1587 4.83 147.89 - 1.33
UTI Long Term Advantage Fund - Series IV Regular - Growth 10.6679 4.82 147.89 - 1.33
UTI Long Term Advantage Fund - Series VI Direct - Growth 8.7047 4.73 344.68 - 1.25
UTI Long Term Advantage Fund - Series VI Regular - Growth 8.4317 4.72 344.68 - 1.25
UTI Long Term Advantage Fund - Series VII Direct - Growth 9.0858 4.71 227.26 - 1.25
Click here to view all TMF ( All Ratings) >>

QUICK LINKS - MUTUAL FUND STATS

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