Sentences with phrase «tax saving»

For tax saving 2.

Long term goals: (about 20 Yrs) ICICI LOng term MF — ELSS (Tax Saving)-- SIP HDFC Mid Cap Mutual fund — SIP Planning to buy Tata Balanced Fund — SIP

Considering that, I have a responsibility of 11 years old child, can you please help me to have a good mix portfolio (PPF / NSC / Tax saving FD / Mutual funds etc.) Thanks

Dear Naveen, You may consider: ICICI Pru focused bluechip fund, Franklin Smaller cos fund, Axis Long term equity fund (tax saving) & HDFC Balanced fund.

Read: Best ELSS Tax saving funds for 2016.

I need your help in short listing the best 5,6 MFs out of my shortlisted finds which are as follows Franklin India Taxshield Axis Long Term Equity Fund ICICI Prudential Long Term Equity Fund — Tax Saving — Regular Plan TATA Balanced Fund HDFC Balanced Fund UTI Mid-cap Fund Franklin Prima plus ICICI Prudential Dynamic Fund Franklin India Smaller Companies Fund ICICI Prudential Value Discovery Fund DSP BR Microcap Fund Birla Sunlife Frontline Equity Fund

But kindly note that TAX SAVING should not be the sole criteria to make an investment.

I am looking for tax saving, my age is 27 and just got married, what is suitable for me..

MFs — Is tax saving your investment objective?

3 — Start investing in ELSS tax saving fund.

For 10 year horizon with tax saving option, you can consider investing in an ELSS fund.

If your investment objective is to accumulate wealth + tax saving then ELSS is a good choice.

Read: Best ELSS tax saving funds.

Dear KUMAR, Kindly Read: Best ELSS Tax saving mutual funds.

We will also discuss some other tax saving strategies.

I read and got the restrictions and tax but the discipline and extra tax saving amount.

Examples are: Large cap, ELSS tax saving funds, Mid-cap, Balanced funds (equity oriented), Sector funds etc.,

DSP BlackRock Tax Saver Fund — Regular Plan — Growth --(Tax saving fund) 2.)

Also for tax saving, I show 1 Lakh rent / year, I invest approx 30k in LIC, 30k HDFC ULIP Plan and PPF account per year.

Plans like ELSS Tax saving funds (3 year lock - in), Fixed maturity plans (FMPs), close - ended schemes etc do not allow any - time withdrawal.

You may pick an ELSS fund if tax saving is one of your investment objectives..

Is my current portfolio allocation ok (as my goal for such is to invest for long time (3 - 5 years) & also tax saving)?

Please make corrections in my table, Tax saving scheme, advisable duration, investment frequency (Lumpsum / SIP quaterly).

Kindly note that units allotted under each SIP of ELSS tax saving fund (s) are locked for 3 years and advisable to remain invested in equity funds for little longer period (especially investments in Mid cap fund).

Take stock of your investments, specially the tax saving ones.

Assuming that during your working years, you are in a higher tax bracket than you will be in upon retirement, this will give you an overall tax saving.

My goal is tax saving + wealth accumulation only.

3 years lockin period is a mandatory one for ELSS tax saving funds like Axis LTE.

You may consider one / two ELSS fund for tax saving besides other equity funds.

Kindly note that Axis LTE fund is a tax saving ELSS fund, the units allotted under each SIP are locked are for 3 years.

so if I add again these two funds for tax saving then mine would be large cap - 1, Multicap - 3 and midcap - 1, mall cap - 1.

HDFC Top 200 Fund - Growth — 1000 HDFC Mid Cap Opportunities Fund - Growth - > 2000 ICICI Balanced fund - DP - Growth - > 2000 ICICI LTEF (Tax Saving)- DP - Growth - > 2000 BSL Frontline Equity Fund - Growth - > 1500 SBI Blue Chip Fund Plan - Growth - > 2000 Franklin India Prima Fund - > 1500

But if you have made investments (tax saving) and not claimed during the FY (with your employer), you can claim them when you file income tax return.

Please suggest a fund scheme / Policy that can yield good returns to reach the goal and tax saving.

Dear Vishwanath, Kindly note that Axis LTE & Motilal LTE funds are also tax saving MF schemes.

In case, planning to invest (afresh) or through SIPs, you may add on balanced fund, and continue with Franklin Tax shiled (for tax saving), and can add one mid-cap fund.

I am a regular visitor of our site and been investing since aug - 2015 and by your suggestions my investment are as below 1) axis long term equity fund — 4000 monthly (for tax saving) 2) franklin tax shield — 3000 monthly (for tax saving) 4) hdfc balanced fund — 1000 monthly 5) hdfc midcap oppor.fund — 1000 monthly 6) uti equity fund — 1000 monthly time horizon - 10 years.

I want to invest further rs. 2000 / - p.m. via SIP for short period high return (Not for tax saving).

Unlike PPF they don't have a lock - in period of 15 years (except tax saving FDs with 5 - year lock - in period).

Also, do note that the units allotted under each SIP of ELSS (Tax saving fund like Axis LTE) are locked for 3 years.

You may invest additional amounts in HDFC mid-cap itself & Franklin Tax shield (for tax saving purpose also, if required).

Sir, I want to invest in two tax saving MFs through SIP @ 1000 Rs.

You may consider investing in an ELSS fund (tax saving + wealth accumulation) or in a balanced fund (wealth accumulation).

Thx Sree Why do nt share sample portfolios with different Investment options (equity, MF, gold, NPS etc with some tax saving vehicles) with Low or moderate risk to High Returns..

i am not worried about tax saving fund.

Dear Prabu, You may select one fund from each fund category (except ELSS funds, if tax saving is not your investment objective).

I would be glad if you suggest some really good funds across all categories (large / mid / small / diversified / tax saving).

Yes, tax saving ELSS funds fall under E-E-E category.

If this worth in terms of tax saving + returns, or is there any better options for returns alone for a 5 year time frame, guess that would be good..

Main Purpose of this investment is for Tax Saving.