Diversified MF schemes shine: Give more returns than tax-saving plans

The performance of tax planning mutual fund schemes vis-a-vis diversified schemes in the past one year is causing a lot of uneasiness among
investors. More than 50 diversified schemes have notched up returns of over 100% in the last year, whereas merely five tax saving plans managed to match the record.

India's NSE to offer fund transaction from Nov 30

India's National Stock Exchange (NSE) will allow brokers to buy and sell mutual funds through its terminals from Nov. 30, the exchange said. The Securities and Exchange Board of India had earlier in the month permitted stock exchanges to offer their infrastructure for fund transactions, giving money managers access to more than 200,00 terminals in over 1,500 towns.

NFO : Sundaram BNP Paribas MF launches PSU Opportunities Fund

Sundaram BNP Paribas Mutual Fund on Wednesday announced the launch of Public Sector Undertakings (PSU) Opportunities Fund.

SIP investors beat equity MF peers in returns race

Whoever said volatility is bad for equity investments? Those who invested in mutual funds through the systematic investment plan (SIP) route have benefited the most from fluctuating share prices over the past 2-3 years. While top equity diversified funds have returned 16-18% in three years, SIP investors have earned returns in the range of 25-28% (investing into the same funds) during the same period.

Become Rich with SIP.....!

India's top equity diversified funds have returned 16% to 18% in the last 3 years. However, SIP (systematic investment plan) investors would have earned returns in the range of 25% to 28% during the same period. That too by investing in the same funds!

Best funds to save tax

Best funds to save tax:

Systematic withdrawal – a strategy for regular income

Those were still the early days for mutual fund industry. Assets under management were a fraction of the current levels. In these times, some smart advisors identified a very lucrative investment strategy – both for the investors as well as the advisors. Here is an ideal choice for investors looking for regular income from their investments. The retired investors, in particular, should benefit immensely from this. Under this strategy, an investor invests a lump sum amount in a mutual fund scheme and gives instruction to the mutual fund company for withdrawal of a pre-specified amount at pre-specified intervals. Let us look at an example. An investor invests a sum of Rs. 10 lacs in a debt mutual fund scheme. Looking at the fund fact sheet or the prevailing interest rates in the economy, one gets to know that the expected future returns could be around 6% p.a. (The rate of 6% p.a. is assumed for the sake of keeping the calculations simple), which is equivalent to 0.5% per month. (0.5% of Rs. 10 lacs would be Rs. 5,000). A withdrawal of less than Rs. 5,000 per month should be considered as a safe rate of withdrawal in such a case, if the objective is not to draw from the principal amount. In the table below, we have highlighted how the system would work. The NAVs have been chosen randomly for illustration. Opening balance: • Amount: Rs. 10 lacs • Units: 1,00,000 • Starting NAV: Rs. 10 • Account started in Dec-2008 MonthWithdrawalNAVUnits RedeemedUnit BalanceCapital Gains Jan-09Rs. 5,00010.047497.66199502.3423.39 Feb-09Rs. 5,00010.098495.147699007.1948.52 Mar-09Rs. 5,00010.1505492.586698514.674.13 Apr-09Rs. 5

Should you buy sectoral funds?

Should you buy sectoral funds?: "The sharp focus and concentrated portfolios of sectoral funds have the potential to give high returns. But they also carry a higher risk."

Axis Mutual Fund launches its first equity fund

Axis Mutual Fund launches its first equity fund

Axis Mutual Fund launches its first equity fundAxis Mutual Fund launches its first equity fund

DSP BlackRock World Mining Fund

DSP BlackRock World Mining Fund

The fund house says the scheme will invest in international mining companies

Fourth Dividend for Bharti AXA Equity Fund!

 

Never thought it could happen? It's true! Bharti AXA Equity Fund has declared it's fourth dividend of the year in the Regular Dividend Option. Thanks to the rich expertise and sound decision making of it's investment managers. So what are you waiting for now? Investments have never been this rewarding. Scheme Plan Option Quantum of Dividend Face Value per Unit (Rs.) Record Date NAV as on November 18, 2009 (Rs.) Re. Per Unit % of Face Value Bharti AXA Equity Fund Regular Plan Qtr Div 1 10 10 November 25, 2009 (or the following business day, if it is a non-business day) 16.44 Reg Div 1 10 14.32 Eco Plan Qtr Div 1 10 16.48 Reg Div 1 10 14.36 Inst Plan Qtr Div 1 10 - Reg Div 1 10 - Pursuant to payment of dividend, the NAV of the Scheme / Option would fall to the extent of payout and statutory levy, if applicable. Distribution of dividend is subject to availability of distributable surplus. All unit holders registered in the above mentioned Plans / Option of the Scheme and whose name(s) appear in the records of the Registrar on the aforesaid Record Date, will be entitled to receive dividend. For investors who have opted for dividend re-investment facility, and investors in dividend pay-out facility where the amount of dividend payable is less than or equal to Rs.500/-, the dividend declared shall be automatically / compulsorily re-invested at the first ex-dividend NAV. Past performance may or may not be sustained in future. * Dividend details as below Bharti AXA Equity Fund ( Option/ Record date) Dividend / Unit declared (in %) Dividend / Unit declared (in Rs.) NAV as on Record Date Regular Plan Quarterly Dividend (29 May, 09) Regular Dividend (29 May, 09) Quarterly Dividend (23 Sep, 09) Regular Dividend (23 Sep, 09) Regular Dividend (15 Oct, 09) 5 10 5 10 10 0.50 1.00 0.50 1.00 1.00 15.21 15.21 15.73 15.21 14.96 Eco Plan Quarterly Dividend (29 May, 09) Regular Dividend (29 May, 09) Quarterly Dividend (23 Sep, 09) Regular Dividend (23 Sep, 09) Regular Dividend (15 Oct, 09) 5 10 5 10 10 0.50 1.00 0.50 1.00 1.00 15.24 15.24 15.76 15.24 15.00 Click here to Statutory Details: Bharti AXA Mutual Fund has been set up as a Trust (under the Indian Trust Act, 1882) by AXA Investment Managers, Sponsor of the Fund. Trustee: Bharti AXA Trustee Services Private Limited, a limited liability company. Investment Manager: Bharti AXA Investment Managers Private Limited, a limited liability company. The Sponsor is not responsible for any loss resulting from the operations of the schemes beyond the contribution of an amount of Rs.1 lakh made by it towards setting up the Mutual Fund. Risk Factors: All investments in mutual funds and securities are subject to market risks and there can be no assurance that the Scheme's objectives will be achiecvded and teh NAV of the plans under teh Scheme may go up or down the factors and forces affection the securities market. Past Performance of the Sponsor and their affiliates / Mutual Fund/ AMC does not indicate the future performance of the schemes of the Mutual Fund. Investors in the Scheme are not being offered any guaranteed / assured returns. Bharti AXA Equity Fund, an open-ended Equity Growth fund, is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects or returns. Investment Objective: To generate income and long-term capital appreciation through a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, across all market capitalizations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns. There can be no assurance that the investment objectives of the Scheme will be realized. Copy of the Scheme Information Document / Key Information Memorandum can be obtained at any of our Investor Service Centers or on the AMC Website www.bhartiaxa-im.com . Mutual Funds Investments are subject to market risks. Investors are requested to read the Scheme Information Document/Statement of Additional Information /Addenda carefully before investing.

5 questions mutual fund investors must ask

http://www.morningstar.in/in/funds/article.aspx?articleid=82464&categoryid=635&email=true

NFO : Fidelity India Value Fund

The Fidelity India Value Fund will invest in predominantly undervalued stocks in India, but if the fund managers identify attractive opportunities overseas, they will consider investing in them, up to the permitted limit. For an information advantage, the fund managers will rely on our proprietary research. And in true Fidelity tradition, they will pick stocks 'bottom-up' - entirely for their core strengths and underpinned by comprehensive, first-hand research. Invest a lump sump or start a SIP now. Either way, you could add value to your portfolio. And your future.

Key Benefits
A fund that focuses on fundamentals - the business and not the popularity or position of its stock in the market place - in order to assess the underlying worth of a company and its potential to deliver value for its investors.
Long term wealth creation - helps investors to benefit from valuation anomalies driven by market sentiments.
Information advantage to identify Value opportunities across markets is made possible by the depth and scope of Fidelity's global research network of 9001 investment professionals who cover 95%2 of world market capitalisation.
A style diversifier with a portfolio construction that spans sectors and market caps.

Fund objective :To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.
NFO opening date :November 16, 2009
NFO closing date: December 15, 2009
Fund Manager :Nitin Bajaj and Subramanian Balakrishnan (for investment in foreign securities)
Benchmark Index: BSE - 200 Index
Scheme reopens on Not later than January 14, 2010
Plans Offered -
Options Growth and Dividend options available. The Dividend option offers payout or reinvestment facilities.
Minimum Initial Application amount For opening a folio: Rs. 5,000; For SIP: Rs. 5,000 (minimum single investment Rs. 500, minimum 6 cheques)
Entry load NIL
Exit Load Within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00%
SIP availability Yes


Click Here to invest directly online.

How to save your Tax with Mutual Funds (ELSS)

There are so many investment options availabe for saving the Tax up to 33,000/-.
The various investment options for Tax Savings are listed here

Under Section 80C :
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1) NSC -- National Savings Certificates
2 ) PPF --  Public Provident Funds
3 ) Govt Bonds
4) Life Insurance schemes

Under Section 80 D:
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Health Insurance  Policies
Medicliam Policies

Like above , There is a category in Mutual Funds to save your Tax. This Category is called the ELSS( Equity Linked Savings Schems). If any body is looking as a pure investment and complete Tax Saving,one of the best option is ELSS Schemes.

How these ELSS Schemes Work?
ELSS Schemes work as a 3-year Lock - In Period Equity Investment , Tax Saving Option and Consistent best returns an average of more than 15%.

Complete 1 lakh amount can be invested in this under Section 80C Eligibility.You can opt it as a Monthly SIP and Quarterly SIP also.

ELSS Scheme available Fund Options
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•  Growth
•  Dividend Re-Investment
•  Dividend Payout

Some of the Best  ELSS Schemes as per their returns and Performance..
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• Sundaram BNP Paribas Tax Saver
• Canara Robecco Tax Saver
• Fidelity Tax Advantage

• Taurus Tax Shield

• Magnum Tax Gain
• Birla Sunlife Tax Relief'96

• Bharati-Axa Tax Advantage Fund is still not completed one year.But if you take since inception(116%) or 6 months performance the returns are at 60%.

ELSS Benefits = Investment through Equity + Tax Savings + Better Returns

AMFI plans online platform for MF trading

platforms for online mutual fund (MF) transactions in India in order to make life easy for mutual fund investors.
However, the NSE and National Securities Depository (NSDL) will be creating one of the trading platforms, while Central Depository Services and Computer Age Management Services (CAMS)-Karvy, will create another one.

Meanwhile, the move has come after a committee which comprises of MF houses and Amfi members suggested of 2separate platforms to trade MF products.

While normally there should only be one industry wide platform but since this won't be the case anymore, a lot will depend on how many mutual fund players and distributors each player will be able to get on their respective competing platforms.