Invest Aaj For Future

  Aditya Birla Sun Life Silver ETF Fund of Fund (An open ended fund of fund scheme investing in Aditya Birla Sun Life Silver ETF) (NFO opens for subscription from 13th Jan to 27th Jan 2022)  With the growing demand of silver in the future Aditya Birla Mutual Fund has launched its New Fund Offer which will give you the opportunity to invest in the white metal with as low as Rs100 along with the silver ETF. Aditya Birla Sun Life  Silver ETF Fund of Fund  scheme will invest in Aditya Birla Sun Life Silver ETF which in turn invest in physical silver of  99.99% purity . Major benefit of investing in fund of fund scheme is that you do not required a demat account. Silver as a metal serves many purposes in our daily life, it has a wide range of valuable industrial and artistic purposes. We use it  as ornament , it is widely  used  in electronics, automobile industry and also in medicine.  We use silver as utensils  for making dolls etc. W e pro...

      Mirae Asset Nifty India Manufacturing ETF FoF (An open ended fund of fund scheme investing in Mirae Asset Nifty India manufacturing ETF) NFO Period - 10th Jan to 24th Jan 2022 Allotment date - 31st Jan 2022 Re-open for continuous sale and re-purchase- 1st Feb 2022 It is an open ended fund of fund scheme investing predominantly in Mirae asset Nifty India manufacturing ETF. Manufacturing : the potential to be major driving force for Indian economy Contribution to GDP Manufacturing sector plays a major role in India's GDP, which is expected to increase to 20% this decade. Potential Expansion PLI to promote companies to invest over U$ 20 Bn in capex Medical Devices Medical Devices Market size may reach $50 Bn by 2025 Electronics Largest allocation in PLI scheme with focus to increase value addition Auto  Auto Key beneficiary of PLI allocation with Focus on Battery for EV push Govt. Focus ~ Rs 2 Tn PLI scheme push into production activities The  Govt. ...

  Top 3 ELSS Mutual Funds -Tax Saving Mutual Funds I Introduction:-  Before we know the top 3 ELSS Mutual Fund Schemes, let us know What an ELSS scheme is?    ELSS Schemes are equity Linked savings schemes that allows an individual or HUF a deduction from total income of up to 1.5 lakhs under Sec 80C of income tax Act 1961. You can save taxes up to Rs.46,800 by investing in these ELSS Mutual Fund schemes.(Assuming a tax slab of 30% and investing Rs.1,50,000)      Major Advantages of ELSS Schemes Shortest lock-in period of 3 years High return generation capability Tax Benefit Feature of ELSS Mutual Funds   As per SEBI guidelines , ELSS must allocate at least 80% of their investment corpus to equity shares Taxability     Since ELSS Schemes have lock-in period of 3 years, All gains from the scheme comes under long term capital gains (LTCG). thus gains from the sale of  ELSS units in excess of Rs.1 lakh attract a 10% tax. Tax Exemption...