Here's how mutual fund investors should invest for tax saving

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THE ECONOMIC TIMES Fri, Jan 29, 2021 | 08:10 AM IST Mutual Funds Newsletter

Here's how mutual fund investors should invest for tax saving It is that time of the year when many mutual fund investors start investing to save taxes. Expecting a Debt Linked Saving Scheme and tax parity for MFs in Budget 2021: N. S. Venkatesh of AMFI The Association of Mutual Funds in India in its Budget Proposals for FY2021-22 has reinforced its long pending demand to bring parity in tax treatment for investments in different financial sectors. Sensex at 50k: Invest in these equity mutual funds now Booked profits and sitting on cash, waiting for the right entry point? Well, that might not be the smartest strategy, given the difficulty in timing the markets. Franklin Templeton MF deviated from rules, grey areas in e-voting process, says Sebi Observer In a big revelation, TS Krishnamurthy, the SEBI-appointed observer to monitor the e-voting conducted by Franklin Templeton Mutual Fund (FTMF) has pointed out grey areas in the e-voting process. Best mutual fund SIP portfolios to invest in 2021 If you are looking to invest in MF schemes to meet your long-term financial goals and don't know how to go about creating your portfolio, here's some help. Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 14.48 17.24 22.33 -2.23 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 13.96 22.32 24.38 0.42 Invest Now Axis Bluechip Fund-Growth ★★★★★ 13.03 15.82 21.63 -2.32 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 12.49 20.48 23.39 0.27 Tata Index Sensex Direct ★★★★★ 10.16 15.52 21.80 -0.98 Invest Now Top 10 mutual funds to invest Friends or colleagues might provide a few names, but those schemes might not be suitable for your goals and risk profile. If Sensex crashes from 50k, here's what equity mutual fund investors should do The natural tendency is to think that all-time highs mean the market is going to crash. Let us check for actual evidence on how the market has historically performed after an "all-time high".

TERM OF THE WEEK Consumer Price Index A comprehensive measure used for estimation of price changes in a basket of goods and serv... read more

Forthcoming Dividend Fund Name Category Type Record Date Div Per Unit Franklin India Taxshield-D Equity: ELSS Open-ended 29 Jan 2021 3.50 Canara Robeco Conservative Hybrid Reg-DM Hybrid: Conservative Hybrid Open-ended 29 Jan 2021 0.10 Canara Robeco Equity Hybrid Reg-DM Hybrid: Aggressive Hybrid Open-ended 29 Jan 2021 0.73 Canara Robeco Short Duration Reg-DM Debt: Short Duration Open-ended 29 Jan 2021 0.06 Canara Robeco Conservative Hybrid Direct-DM Hybrid: Conservative Hybrid Open-ended 29 Jan 2021 0.10 * 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 25-01-2021 2167.79 3043.08 -875.29 5468.92 2547.08 2921.84 22-01-2021 3624.68 4522.60 -897.92 5851.35 5349.14 502.21 21-01-2021 3225.16 4341.32 -1116.16 5086.22 3991.24 1094.98 20-01-2021 3607.06 4965.44 -1358.38 5190.18 4921.59 268.59 19-01-2021 3542.27 3707.50 -165.23 3572.18 3299.12 273.06 18-01-2021 4856.23 4581.99 274.24 4661.07 5436.75 -775.68 15-01-2021 3654.75 4178.42 -523.67 5294.98 6182.36 -887.38 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 Axis Dynamic Bond Fund -Growth 23.0411 0.17 1268.34 - - 0.67 Kotak Dynamic Bond Fund Direct-Growth 30.7584 0.14 2077.99 - - 0.45 Edelweiss Government Securities Fund Regular-Growth 18.9706 0.13 72.15 - - 1.32 Kotak Dynamic Bond Fund Regular-Growth 29.2563 0.13 2077.99 - - 1.16 SBI Magnum Income Direct Plan-Growth 57.3940 0.12 1653.90 - - 0.83 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 Parag Parikh Tax Saver Fund Direct - Growth 14.2892 -1.87 82.95 - 1.16 Parag Parikh Tax Saver Fund Regular - Growth 14.0281 -1.89 82.95 - 2.39 Sundaram Long Term Tax Advantage Fund Series III Direct - Growth 9.2314 -2.63 42.20 - 1.26 Sundaram Long Term Tax Advantage Fund Series III Regular - Growth 9.0339 -2.64 42.20 - 1.43 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct - Growth 8.6668 -2.76 34.88 - 1.11 Click here to view all TMF ( All Ratings) >>

QUICK LINKS - MUTUAL FUND STATS 3 Best Funds- Category Wise Top Tax Saving Schemes Schemes with Lowest Expense Ratio Top Performing Schemes Latest Dividends Schemes with Highest Risk Adjusted Returns Top Star Rated Schemes AUM Monitor Category Performance Exchange traded funds

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