Mahesh Ji, I'm planning to diversify my portfolio. Currently I have shares and PPF. What you suggest now? Mutual Fund? If yes what plan? I would like to have some tax exemption also Infra Bees, ETF? What is your opinion about these? Ask by Rajiv daniel
I suggest HDFC TAX SAVER plan (Dividend option)due to it large corpus size ( as you read in my book that I like mutual fund with large corpus size) and choose dividend option in ELSS
I think you have my book so for more detail please read chapter 20,21 and 22 of this book
20. MUTUAL FUND INVESTING.
21. CHOSE DIVIDEND OPTION IN ELSS.
22. HOW TO BOOK PROFITS IN MUTUAL FUNDS SIP.
Make your investment in SIP method. See past dividend history of HDFC tax saver fund in this link http://www.hdfcfund.com/NAVCorner/DivList.aspx?ReportID=30379B6D-0849-4AE2-A127-F8F68EB6E561
5 years ago
Mahesh Ji,
ReplyDeleteCan an existing investor with a demat account can get the privileges of RGESS?
NO
ReplyDeleteAn existing investor with a Demat account cannot get the privileges of Rajiv Gandhi ELSS
ReplyDeleteMahesh Ji,
ReplyDeleteAfter a couple of months of research in MF, I reached a conclusion to divide my MF investment into 3 funds.
1) HDFC TAX SAVER (DIVIDEND)
2) ICICI PRU TAX PLAN (DIVIDEND)
3) FRANKLIN INDIA TAX SHIELD (DIVIDEND)
Please let me know your opinion.
Rajeev ji
DeleteSorry for so late reply, all of these 3 funds are good choice for tax savings but in my view you may replace your 3 choice FRANKLIN INDIA TAX SHIELD (DIVIDEND) with SBI MAGNUM TAX GAIN (D) because i like SBI MAGNUM portfolio and think in coming 3 year this will be lead again,
Regards.
Along with the answer for earlier question I would be thankful if you can suggest on purchasing MFs through ICICIDirect or FundsIndia. I actually want to get everything under a single roof. But the charges seems to be too high for ICICIDirect.
ReplyDeleteRajeev ji, i replied your earlier question, In Compare to ICICI Direct and Fundsindia i will perfer ICICI Direct because they give us highly professional service, Yes , Charges of ICICI Direct is very high but I use icici direct only. Regards
Delete