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Keep your eye on top SBI mutual fund scheme that will provide a chance to grow your idle money. Do not let your money to sit idle help it to work for you. With the help of this video learn why to opt for the SBI Mutual Fund and what are its top schemes that will help you to build your future.

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Why Mirae Asset Tax Saver Fund Should be Your First Tax-Saving Choice?

For a taxpayer, the biggest problem is to keep his tax expense within budget, and for doing this he often ends up paying huge fees to a tax consultant. So, at the outset it really doesn’t matter if the tax consultant is able to save you some money, as his fees will mitigate the gap and the overall expenditure will remain the same. 

So, what should you do?

The simplest solution to keep high taxes at bay is investing in Mirae Asset Tax Saver Fund. It is one of the best ELSS schemes available in India with one of the highest paying scales ever recorded for an ELSS fund.

Here’s a detailed account on Mirae Tax Saver brought to you by MySIPonline. Let’s read to know what this fund holds in its womb for you. 

Know the Portfolio Construction

Mirae Asset Tax Saver Fund – Regular Plan (G) is a pure equity fund with over 98% of its assets stuffed in equity and related instruments, whereas the remainder is reserved for cash and cash equivalents. There are three kinds of stocks present in the portfolio – giant & large caps, midcaps, and small caps. Giant & large cap stocks have been kept in the highest ratio which tantamount to 75.10%. The second highest space is reserved for midcap stocks at 19.49%, whereas small cap stocks share the least occupancy with 5.41%.

This diverse setup of stocks tell-tales that Mirae Asset Tax Saver Fund follows a robust investment policy, and that it is capable of staying relatively stable in rough markets.

Knowing the Top Sectors

Besides internal allocation of stocks, sector allocation also plays a vital role in deciding the fate of the stock. Mirae Tax Saver Fund (Growth) has pinned its wealth on high-performing industries such as Financial & Banking (35.09%), Energy (10.74%), Technology (9.27%), FMCG (8.66%), and Automobile (6.26%). These industries have been producing great wealth lately and thus, are an excellent venture for future investments geared toward wealth building.

Knowing the Top Holdings

Mirae Asset Tax Saver Fund has chosen companies within the abovementioned industries that hold a low P/E ratio and provide good returns. The top holdings are with successful companies that have a reasonable stake in the portfolio, which includes HDFC Bank (8.81%), ICICI Bank (5.92%), Reliance Industries (4.63%), Axis Bank (3.94%), and Infosys (3.75%). These companies have a P/E ratio floating within the range of 20-30, and have excellent past performance record.

Knowing the Performance

One of the most important parameters to judge a fund’s worth is its past performance. Mirae Asset Tax Saver Fund (G) has been ranked very high in comparison to its peers, and stands at undisputed in the league of best ELSS funds to invest in India. Let’s have a look at the past performance earned by the fund: -  

Returns Since Inception : Since its inception in 2015, Mirae Tax Saver Fund has performed superbly in the market. With an average yield to date of 18.63% since inception, it remains one of the highest paying mutual funds in India. 

Returns in the Last Three Years : The last three years’ performance has placed Mirae Tax Saver at the no. 1 spot among its peers. On an average, the fund earned 19.85% returns which is an excellent yield for a fund of any breed. 

So, if you are planning to invest in mutual funds this year but don’t have any leads, then you should start with Mirae Asset Tax Saver Fund – Regular Plan (G). Besides lucrative returns, it also bestows a tax-saving of up to ₹46, 800. Buy an SIP plan online in this fund through MySIPonline for a flawless investing experience.

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ICICI Prudential Bluechip Fund is one of the best mutual fund scheme in ICICI Prudential Mutual Funds. The Prime aim of this fund is to provide maximum Growth and high security for it's investors. ICICI Prudential Bluechip Fund Growth is also very attractive and worthy. Get more information about this fund at MySIPonline.

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Axis Midcap Fund: A Top Pick For Steady Progress

If you witnessed the market volatility of 2018, then Axis Midcap Fund will be one of the few schemes that will come to your mind after hearing the word ‘CONSISTENT’. The midcap fund of Axis MF proved that a tight portfolio can easily help to ride out short term volatility. The year 2019 saw many investors willing to park their money in this mutual fund investment. However, the increased AUM (Rs. 2,282 Crore, as on 30th April, 2019) is a matter of worry for the investors as they doubt whether the fund will continue to excel in future or not. The write-up is written to highlight information about the scheme along with some excellent attributes.

Axis Midcap Fund: Fund Insight

Axis Midcap Fund Direct Growth Plan made its debut in the mutual fund market on 18th February, 2011 with an aim to provide long term capital gains to the investors. For accomplishing the financial goals of the investors, the midcap fund of Axis Mutual Fund allocates the assets in the midcap stocks. For beginning the investment in this scheme, the minimum amount required would be Rs. 5,000 for a lumpsum investment. For investing through SIP route, you will have to deposit a minimum amounts of Rs. 1000. Moreover, the scheme comes with an exit load of 1% (if the redemption is made within 365 days, for the units in excess of 10%) and an expense ratio of 2.28% (as on 30th April, 2018).    

Striking Features of Axis Midcap Fund

Tight Portfolio: Following the growth style of investment, Mr. Shreyash Devalkar has maintained a tight portfolio which is the main reason behind the stability. The scheme invests in just 36 stocks across different sectors. The stocks are shortlisted after an extensive market research and analysis. The Axis Midcap Fund holdings include names which are steadily progressing to beat many giant large cap companies.

Best of Both Markets: The equity fund of Axis MF invests predominantly in the equities but also diversify significant amount of assets in the debt and money market instruments for optimum returns. This helps the investors to enjoy the market opportunities from both the finance markets.

Exceptional Gains in Long Term: The fund is known as one of the best long term funds having an excellent past performance. The annualized returns of the fund ranges between 15% to 20%. Moreover, the scheme is the top performing mutual fund as per the 10-year annualized returns.

Experience Fund Manager: Mr. Shreyash Devalkar got associated with this scheme in 2016 as a fund manager and has immensely contributed in the success of Axis Midcap Fund. He has a vast experience in the equity research and uses the same in delivering excellent returns to the investors.

Will High AUM Will be a Cause of its Decline?

Axis Midcap Mutual Fund AUM is Rs. 2,282 Crore (as on 30th April, 2019). The numbers showed a high growth from April, 2016 when the AUM was Rs. 1,203 Core. The increased AUM has left many investors in doubt whether the midcap fund will continue to perform the same or not. But the reality is that the AUM has nothing to do with the performance of a scheme. Moreover, the management team of Axis Midcap Fund (G) is strong enough for handling such a vast AUM effectively. There are other schemes of Axis Mutual Fund as well having large AUM but are still outperforming. Therefore, the investors should rest their worries and start their SIP plan in this fund.

Axis Midcap Fund has been a consistent performer over the past years. The mutual fund is a good pick for the investors having high risk-appetite and are in need to add the best small cap fund for diversifying the portfolio. Furthermore, in case of any further suggestion regarding mutual fund schemes, you can easily get in touch with us at- MySIPonline or talk to our experts on- 9660032889.  

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MySIPonline is providing the details information about L&T Mutual Funds in this video. So watch the video to know that which Scheme of L&T Mutual Fund is most suitable for you and start your investment online With MySIPonline, before it's too late to recover your loss.

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Make An Exceptional Growth With Tata Mutual Funds

If you are looking for an investment option in order to gain stable returns then Tata Mutual Funds is the best option for you. The fund house is offering great schemes in equity, debt & hybrid categories. So choose the best scheme of Tata Mutual Fund and start your investment online with MySIPonline.

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Find Out The Best Returns Of Your Investment: Axis Midcap Fund

Axis Midcap Fund is an open ended growth oriented scheme in mid cap category of mutual funds. This is the star player of Axis Mutual Fund. The is performing outstanding since inception. So start your investment in Axis Midcap Fund through MySIPonline and get free expert advice regarding to the investment.

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Enjoy The Multi Benefits Of HDFC Tax Saver Fund Investment

If you want to Invest your money in order to gain high returns and security then HDFC Tax Saver Fund Growth is the best option for you. This fund only invest in top companies & Sectors in market to gain maximum profit. Get more information about this fund at MySIPonline.

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Learn All About The HDFC Small Cap Fund At MySIPonline

Maintain financial stability in your life by investing in HDFC Small Cap Fund at MySIPonline. It is a highly aggressive fund that offers long term capital growth with high risk appetite. Get more knowledge about the fund returns, performance, CRISIL ranking and portfolio allocation.

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Get The Best Way For Wealth Creation Sundaram Rural India Fund G

Every Investor should add the Sundaram Rural India Fund G in it's portfolio in order to reduce the market risk and achieve stable returns. The Sundaram Rural India Fund Growth is very attractive and worthy. Visit MySIPonline For more information about this fund.

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In this internet space full of e-shops, even the financial industry is not behind in selling various investment instruments online. The increasing online competition has stimulated the launch of various investment options to engage both the tech-savvy and non-tech savvy investors.

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The other day you heard about mutual funds, today you are thinking of investing in them. The first question that pops up in your mind is, which strategy to go for — pick individual funds or build up a separate customized portfolio? Quite a dilemmatic situation it is for the rookies in the investing field.

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Before investing you need to explore what is best suitable for you. The financial world provides various investment options, and exploring them will only give you the real experience of associated risks and returns.

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If not played, you might have heard about the game of chess where a strong opening can strengthen the intermediate course of the game and increase the probability of winning it.

Similar is the case with life. It’s vital to move strategically in the beginning years to ensure that you do not get trapped in the tides of mid-life wealth crisis. This, therefore, increases the importance of early financial planning.