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<!DOCTYPE html> <html> <!-- Mirrored from wp.hostlin.com/tallinn/index-3.html by HTTrack Website Copier/3.x [XR&CO'2014], Mon, 27 Nov 2017 10:01:46 GMT --> <head> <meta charset="utf-8"> <title>Mutual Funds SIP TAX Saving ELSS Eqiuty Mutual Funds online purchase</title> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0, maximum-scale=1.0, user-scalable=0"> <meta name="google-site-verification" content="cNxG5iJQTPScilWTpzIReXgb3br689mMon8c_FTsJrk" /> <meta name="Description" content="SIP Investment Plans - Start a Systematic Investment Plan(SIP) in Mutual Funds. SIP ELSS for Tax Saving under 80C of Income Tax Act. Invest in ELSS SIP and save maimum Income Tax. Free online mutual funds account for quick investment"> <meta name="Keywords" content=" sip, sip investment, sip plans, elss funds, tax saving mutual funds, systematic investment plan, sip mutual fund, sip investment plan, mutual fund sip, deepak management services,"> <!-- Stylesheets --> <link href="css/bootstrap.css" rel="stylesheet"> <link href="css/revolution-slider.css" rel="stylesheet"> <link href="css/jquery-ui.css" rel="stylesheet"> <link href="css/style.css" rel="stylesheet"> <link rel="icon" href="images/favi.png" type="image/png"> <!-- Responsive --> <link href="css/responsive.css" rel="stylesheet"> <!--[if lt IE 9]><script src="https://cdnjs.cloudflare.com/ajax/libs/html5shiv/3.7.3/html5shiv.js"></script><![endif]--> <!--[if lt IE 9]><script src="js/respond.js"></script><![endif]--> <!-- Slider css --> <!-- <link rel="stylesheet" href="css/carousel.css"> --> <script src="https://code.jquery.com/jquery-1.12.4.min.js"></script> </head> <body> <div class="page-wrapper"> <!-- 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type="button" class="navbar-toggle" data-toggle="collapse" data-target=".navbar-collapse"> <span class="icon-bar"></span> <span class="icon-bar"></span> <span class="icon-bar"></span> </button> </div> <div class="navbar-collapse collapse clearfix"> <ul class="navigation clearfix"> <li><a href="index.html">Home</a></li> <li><a href="about.html">About Us</a></li> <li class="dropdown"><a href="#">Services</a> <ul> <li><a href="finance.html">Financial Planning</a></li> <li><a href="insurance.html">Insurance Planning</a></li> <li><a href="retirement.html">Retirement Planning</a></li> <li><a href="tax.html">Tax Planning</a></li> <li><a href="wealth.html">Wealth Management</a></li> <li><a href="estate.html">Estate Planning</a></li> </ul> </li> <li class="dropdown current"><a href="#">Products</a> <ul> <li><a href="funds.html">Mutual Funds</a></li> <li><a href="life.html">Life Inurance</a></li> <li><a href="health.html">Health Insurance</a></li> <li><a href="general.html">General Insurance</a></li> </ul> </li> <li><a href="calculator.html">Calculators</a></li> <li class="dropdown"><a href="#">Resources</a> <ul> <li><a href="kyc.html">KYC / PAN</a></li> <li><a href="video.html">Videos</a></li> </ul> </li> <li><a href="contact.html">Contact Us</a></li> <li><a href="login.html">Login</a></li> </ul> </div> </nav><!-- Main Menu End--> </div> <div class="button-wrapper col-md-3 col-sm-3 col-xs-12"> <a href="fundsbazar.html" target="_blank" class="a-btn"> <span class="a-btn-text">Fundz Bazar Login</span> <span class="a-btn-slide-text">For free!</span> <span class="a-btn-icon-right"><span></span></span> </a> </div> </div> </div><!--End Sticky Header--> </header> <!--End Main Header --> <section class="page-title" style="background-image:url(images/mutual.jpg);"> </section> <!-- About Section --> <section class="about-section"> <div class="auto-container"> <div class="sec-title centered"> <div class="floated-text">Products</div> <h2>Mutual Funds</h2> </div> <div class="row contents"> <p>Mutual Fund is a vehicle that enables a collective group of individuals to:</p> <p>a) Pool their investible surplus funds and collectively invest in instruments / assets for a common investment objective.</p> <p>b) Optimize the knowledge and experience of a fund manager, a capacity that individually they may not have</p> <p>c) Benefit from the economies of scale which size enables and is not available on an individual basis</p> <p>Investing in a mutual fund is like an investment made by a collective. An individual as a single investor is likely to have lesser amount of money at disposal than say, a group of friends put together. Now, letâs assume that this group of individuals is a novice in investing and so the group turns over the pooled funds to an expert to make their money work for them. This is what a professional Asset Management Company does for mutual funds. The AMC invests the investorsâ money on their behalf into various assets towards a common investment objective.</p> <p>Hence, technically speaking, a mutual fund is an investment vehicle which pools investorsâ money and invests the same for and on behalf of investors into stocks, bonds, money market instruments and other assets. The money is received by the AMC with a promise that it will be invested in a particular manner by professional managers (commonly known as fund managers). The fund managers are expected to honour this promise. The SEBI and the Board of Trustees ensure that this actually happens.</p> <p>Typical classification of mutual fund schemes on various basis:</p> <p>Tenor refers to the âtimeâ. Mutual funds can be classified on the basis of time as under:</p> <h5>1.Open ended funds</h5> <p>These funds are available for subscription throughout the year. These funds do not have a fixed maturity. Investors have the flexibility to buy or sell any part of their investment at any time, at the prevailing price (Net Asset Value â NAV) at that time.</p> <h5>2.Close Ended funds </h5> <p>These funds begin with a fixed corpus and operate for a fixed duration. These funds are open for subscription only during a specified period. When the period terminates, investors can redeem their units at the prevailing NAV.</p> <h5>Asset classes</h5> <h5>1.Equity funds</h5> <p>These funds invest in shares. These funds may invest money in growth stocks, momentum stocks, value stocks or income stocks depending on the investment objective of the fund.</p> <h5>2.Debt funds</h5> <p>These funds invest money in bonds and money market instruments. These funds may invest into long-term and/or short-term maturity bonds.</p> <h5>3.Hybrid funds or Income funds</h5> <p>These funds invest in a mix of both equity and debt. In order to retain their equity status for tax purposes, they generally invest at least 65% of their assets in equities and roughly 35% in debt instruments, failing which they will be classified as debt oriented schemes and be taxed accordingly. Monthly Income Plans (MIPs) fall within the category of hybrid funds. MIPs invest up to 25% into equities and the balance into debt.</p> <h5>4.Real asset funds </h5> <p>These funds invest in physical assets such as gold, platinum, silver, oil, commodities and real estate. Gold Exchange Traded Funds (ETFs) and Real Estate Investment Trusts (REITs) fall within the category of real asset funds.</p> <h5>Investment Philosophy</h5> <h5>1.Diversified Equity Funds</h5> <p>These funds diversify the equity component of their Asset Under Management (AUM), across various sectors. Such funds avoid taking sectoral bets i.e. investing more of their assets towards a particular sector such as oil & gas, construction, metals etc. Thus, they use the diversification strategy to reduce their overall portfolio risk.</p> <h5>2.Sector Funds </h5> <p>These funds are expected to invest predominantly in a specific sector. For instance, a banking fund will invest only in banking stocks. Generally, such funds invest 65% of their total assets in a respective sector.</p> <h5>3.Index Funds</h5> <p>These funds seek to have a position which replicates the index, say BSE Sensex or NSE Nifty. They maintain an investment portfolio that replicates the composition of the chosen index, thus following a passive style of investing.</p> <h5>4.Exchange Traded Funds (ETFs)</h5> <p>These funds are open-ended funds which are traded on the exchange (BSE / NSE). These funds are benchmarked against the stock exchange index. For example, funds traded on the NSE are benchmarked against the Nifty. The Benchmark Nifty BeES is an example of an ETF which links to the stocks in the Nifty. Unlike an index fund where the units are traded at the dayâs NAV, in ETFs (since they are traded on the exchange) the price keeps on changing during the trading hours of the exchange. If you as an investor want to buy or sell ETF units, you can do so by placing orders with your broker, who will in-turn offer a two-way real time quote at all times. The AMC does not offer sale and re-purchase for the units. Today, ETFs are available for pre-specified indices. We also have Gold ETFs. Silver ETFs are not yet available.</p> <h5>5.Fund of Funds (FOF)</h5> <p>These funds invest their money in other funds of the same mutual fund house or other mutual fund houses. They are not allowed to invest in any other FOF and they are not entitled to invest their assets other than in mutual fund schemes/funds, except to such an extent where the fund requires liquidity to meet its redemption requirements, as disclosed in the offer document of the FOF scheme.</p> <h5>6.Fixed Maturity Plan (FMP)</h5> <p>These funds are basically income/debt schemes like Bonds, Debentures and Money market instruments. They give a fixed return over a period of time. FMPs are similar to close ended schemes which are open only for a fixed period of time during the initial offer. However, unlike closed ended schemes where your money is locked for a particular period, FMPs give you an option to exit. Remember though, that this is subject to an exit load as per the funds regulations. FMPs, if listed on the exchange, provide you with an opportunity to liquidate by selling your units at the prevailing price on the exchange. FMPs are launched in the form of series, having different maturity profiles. The maturity period varies from 3 months to one year.</p> </div> </div> </section> <!--Main Footer--> <footer class="main-footer"> <!--Widgets Section--> <div class="widgets-section"> <div class="auto-container"> <div class="row clearfix"> <!--Big Column--> <!--End Big Column--> <!--Big Column--> <div class="big-column col-md-6 col-sm-12 col-xs-12"> <div class="row clearfix"> <!--Footer Column--> <div class="footer-column col-md-6 col-sm-6 col-xs-12"> <div class="footer-widget contact-form-widget"> <h2>About Us</h2> <div class="widget-content"> <p><b>At Deepak Wealth Management</b>, we follow our passions backed by expertise and experience. We started our journey of spreading financial awareness at all levels of society and making our clientsâ lives safe, secured and wealthy from 2007. <a href="about.html">Read More</a></p> </div> </div> </div><!--End Footer Column--> <!--Footer Column--> <div class="footer-column col-md-6 col-sm-6 col-xs-12"> <div class="footer-widget links-widget"> <h2>Our Products</h2> <div class="widget-content"> <ul class="list"> <li><a href="funds.html">Mutual Funds</a></li> <li><a href="life.html">Life Insurance</a></li> <li><a href="health.html">Health Insurance</a></li> <li><a href="general.html">General Insurance</a></li> </ul> </div> </div> </div><!--End Footer Column--> </div> </div><!--End Big Column--> <div class="big-column col-md-6 col-sm-12 col-xs-12"> <div class="row clearfix"> <!--Footer Column--> <div class="footer-column col-md-6 col-sm-6 col-xs-12"> <div class="footer-widget about-widget"> <h2>Get In Touch</h2> <div class="widget-content"> <ul class="contact-info"> <li>Address :#23, 4th Cross, 2nd Main, M K Garden, R S Palya, Kammanahalli Main Road, Bangalore, PIN â 560 033</li> <!-- <li>Mobile : +91 9886568000 </li> <li>Email: licshivakumarbangalore@gmail.com</li> --> </ul> <ul class="social-links"> <li><a href="https://www.facebook.com/licbangaloreagent" target="_blank"><span class="fa fa-facebook-f"></span></a></li> <li><a href="https://twitter.com/licbangalore" target="_blank"><span class="fa fa-twitter"></span></a></li> <li><a href="https://www.linkedin.com/in/licagentbangaloreonline/" target="_blank"><span class="fa fa-linkedin"></span></a></li> <li><a href="https://plus.google.com/+ShivakumarA-licagentbangalore" target="_blank"><span class="fa fa-google-plus"></span></a></li> <li><a href="https://www.youtube.com/watch?v=0Ft8Fu0I9eM" target="_blank"><span class="fa fa-youtube"></span></a></li> </ul> </div> </div> </div><!--End Footer Column--> <!--Footer Column--> <div class="footer-column col-md-6 col-sm-6 col-xs-12"> <div class="footer-widget posts-widget"> <h2>Location</h2> <iframe src="https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d15550.300236051206!2d77.63448428705827!3d12.99900895340563!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x3bae16c8dee768df%3A0x989dd28c28a9fc11!2sBengaluru%2C+Karnataka+560033!5e0!3m2!1sen!2sin!4v1522057487190" width="100%" height="250" frameborder="0" style="border:0" allowfullscreen></iframe> </div> </div><!--End Footer Column--> </div> </div> </div> </div> </div> <!--Footer Bottom--> <div class="footer-bottom"> <div class="auto-container"> <div class="row"> <div class="col-md-6 col-sm-6 col-xs-12"> <div class="copyright-text">Copyright © 2018. 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