Posts

Showing posts from July, 2016

Equity Linked Saving Scheme (ELSS)- Overview

Today in Engineer's World, we are discussing a topic of Finance in very easy way. Posted By - +Nitin Gautam+LIVE VIAR+ASP.NET SOLUTIONS
Click imagination hunt to read latest blogs.
Previous - Top Mutual Funds
What is Equity linked saving scheme(ELSS)?
ELSS is the part of Mutual Fund Investment. Equity Linked Saving Scheme(ELSS) directed as per the ELSS mutual fund guidelines issued by CBDT under section 80C of the Income Tax Act 1961. The purpose of recommending ELSS is to encourage investments in equities by providing tax rebate or exemption. The maximum Tax amount up to Rs. 1.5 Lakhs (for the current financial Year), is to be exempted by investing in ELSS scheme.
Investors who invest in ELSS funds are investing in a fund where minimum part of their investment means 80% of the invested amount can be in equities and equity related securities. If we are comparing the return on investment(ROI), ELSS gives the higher performance than other tax saving instrument. ELSS investments come with …

Top Mutual Funds

Image
Today in Engineer's World, we are discussing a topic of Finance in very easy way. Posted By - +Nitin Gautam+LIVE VIAR+ASP.NET SOLUTIONS
Click imagination hunt to read latest blogs.
Previous - New Fund Offer (NFOs)- Current and upcoming offers
Top Mutual Fund
Today we compare Thematic Infrastructure Mutual Fund with their yearly returns. We daily update returns of the best mutual fund in industry. As we earlier discuss Small and mid-cap mutual fund and Pure Large Cap mutual fund. 
Mutual funds are among the best favourites with all investor. Today Investing in the mutual fund is highly recommended by direct companies or brokers. As said, "Start Investing early for better wealth creation."

Top Pure Small & Mid Cap Mutual Fund (As on 29/12/2016)
$. DSP BR Micro cap fund -regular(G):  1 Year return- 16.9%, 3 Year return- 41.0%, 5 Year return- 31.8%.
$. Franklin India smaller companies Fund(G): 1 Year return- 16.8%, 3 Year return- 34.9%, 5 Year return-   31.2%,
$. SBI small and mid…

New Fund Offer (NFOs)- Current and upcoming offers

Today in Engineer's World, we are discussing a topic of Finance in very easy way. Posted By - +Nitin Gautam+LIVE VIAR+ASP.NET SOLUTIONS
Click imagination hunt to read latest blogs.
Previous - Top Mutual Funds Comparison
New Fund Offer (NFOs)- Current and upcoming offers
NFOs (New Fund Offering/ New Fund Offer)
NFOs is a mutual fund, and they offered when a new mutual fund launched and offered to the public before it appears up to a daily transaction. For understanding better NFO’s can compared with IOP’s (Initial Public Offering) as in the case of shares trading, Traders buy the stock before it lists.
NFO’s actively managed funds, i.e., where the fund manager applies his/her strategy for the market to beat the market.
1.When a Mutual Fund scheme first available for the investment it is called an NFO. 2.Investors have opportunities to buy fund Unit at Face Value during NFO.
NFO Calendar - Upcoming offers: -
NFO issued in the month of July 2016. Invest in NFO and avail the opportunities.
S No…