Reasons Why You Should Not yet Give up on Reliance Tax Saver Fund

Reliance Tax Saver Fund has been losing its ratings in recent years and the majority of the investors are concerned regarding the continuation of SIPs. A severe underperformance has been witnessed in the last 2-3 years for tax saving scheme of Reliance Mutual Fund. Although, redemption at the current level is not a clever choice and informed investors can handle the situation in a better way. Experts at MySIPonline have analysed the situation along with all the possible choices for the investors.

About the Scheme

Reliance Tax Saver Fund is an aggressive scheme in the ELSS category which aims to deliver higher capital appreciation to the investors in the long term. The fund allows tax deductions under section 80C and the investors can reduce the tax liability by up to Rs 46,800 every financial year by investing in Reliance Tax Saver Fund Growth. The fund manager Mr Ashwani Kumar uses aggressive investment strategy by allocating a higher proportion of the corpus in the mid and small-cap stocks. Among the ELSS category, it has the highest allocation in the mid and small-cap segment. In the last few years, the investment strategy hasn’t been much productive for the scheme and many investors have been moving out of the scheme following the downgrade in the ratings. Investors must consider the following factors before making any decision regarding investments.

1. Market Has Been UnfriendlyIn recent years, the mid and small-cap stocks have been unable to perform well and deliver the desired outputs. The market conditions have not been favouring the mid and small cap industries. This effect can be directly seen on the performance of Reliance Tax Saver Fund in which more than 40% of the corpus is invested in mid and small cap stocks. 
2. It has a Long Term OutlookReliance Tax Saver Fund aims for greater capital appreciation in the long tenure of more than 7 years and investments must be done for the long term. The short term volatility should not be considered while making investments in the fund. It has an aggressive portfolio and can be volatile in the short term. 
3. It has the Highest Return Generating AbilitiesDue to higher allocation in the mid and small-cap stocks, the fund has the ability to deliver the highest gains in the category if the market conditions are friendly for the small and mid-cap stocks.
4. Lower Expense RatioReliance Tax Saver Fund charges a lesser expense ratio than most of the schemes in the ELSS Category. 
5. Superior Track RecordReliance Tax Saver Fund has beaten peers as well as benchmark in the long term and has been chosen by a large number of investors. It has a gigantic AUM and has performed well under favourable market conditions. 

Advice for the Investors

Reliance Tax Saver Fund is suffering from prolonged negative market conditions and redemption at current levels must be avoided. Those investors who cannot take a higher risk can stop their SIPs and wait for the lock-in period to complete while for the adventurous investors, it can be an ideal tax saving scheme.

Reliance Tax Saver Fund is currently not performing well but has the ability to generate the highest returns in the category. To know more about the scheme or to clear any query regarding investments in mutual funds, connect with the financial experts at MySIPonline. 

HDFC SIP Calculator: A must Use Tool Before Investing in HDFC MF

Mutual funds have the ability to deliver the best capital gains in the long term compare to any other investment avenue. But it is a perplexing task to calculate the capital gains on the invested amount as the returns are not fixed and cannot be calculated using an ordinary calculator. To ease out the calculations involved in SIP and lump sum investments particularly for the schemes of HDFC Mutual Fund, the experts at MySIPonline have developed a user-friendly tool named HDFC SIP Calculator which can be a blessing for the potential investors as well as those who are already invested in HDFC Mutual Fund. Read to know how to use the HDFC SIP return calculator along with the advantages of this convenient tool.

How to Use HDFC SIP Calculator?
The calculator is easy to use and can be operated by any layman having little or no knowledge of finance and mutual funds. Follow these simple steps to simply the investments.

Step 1: Select the Scheme
The HDFC SIP Calculator has a list of all the schemes provided by HDFC Mutual Fund and the historical data of each scheme has been recorded. The investor needs to select the scheme in which he/she is planning to invest or already invested.

Step 2: Enter the Amount 
The next step is to enter the amount that you had invested in the selected scheme. For the SIP investment one needs to enter the monthly amount while for the lump sum calculation, the one-time amount needs to be entered.

Step 3: Select Start and End Date
The start date is the date from which the first investment was done in the selected scheme. For HDFC SIP calculator, the calculations will be done according to the NAV of that same day for every month whereas, for HDFC lumpsum calculator, the calculations will be done on the basis of change in the NAV between the start date and end date.

After entering the above-mentioned details, you can simply click on the calculate button to get the idea of the invested amount, investment value at on date, and the overall capital appreciation along with the percentage gains.

Benefits of Using the HDFC SIP Calculator

• By using the calculator, one can ease out the investment planning for the SIP as well as lump sum investment. 
• This user-friendly tool can give a clearer perspective of the returns that can be gained in the future on account of the performance of the scheme in the past. 
• If an investor is dicey regarding investment in any of the schemes of HDFC Mutual Fund, this calculator can help them select the better scheme to achieve their financial objective. 
• Those who have already invested in the schemes of HDFC MF in the past can also use this calculator to check the details of their wealth gain. 
• HDFC SIP Calculator gives precise details of the investments without any error margin. 
• It can save a lot of time and effort for the layman investor. 

Investors must note that the HDFC SIP Calculator works on the basis of recorded data of the historic performance by schemes of HDFC Mutual Fund. It is not necessary that similar returns will be delivered in the future. For any queries or any assistance regarding investments in mutual funds, you can reach out to our experts anytime free of cost.

What Benefits Do I Get by Investing in Reliance Pharma Fund?

The pharma industry in India is at an all-time rise. The continuously depleting living standards have forced the major pharmaceutical companies to evolve new and improved medical facilities, including pills and other vaccination for emerging diseases. This has led to a demand of more funds from the market, as new research come at a price tag of billions of dollars.

Considering the present scenario, it may be the right time to invest in the pharma industry. Reliance Pharma Fund is one of the most convenient way to build connections with the pharma industry. It is a sector-driven fund that primarily invests in the top pharma companies, thus leveraging on this growing sector of the economy.

The Basic Investment Details
Starting a fresh investment in Reliance Pharma Fund (G) is quite easy, provided you are doing it through MySIPonline. This online portal provides a convenient and hassle-free platform to make best investments in mutual funds at no extra cost. Also, there are online tools such as the SIP Calculator and the Tax Planning Calculator that further improves your financial planning by making it more realistic.

You can start an investment in Reliance Pharma Fund – Regular Plan (G) through an SIP investment plan at just ₹500 a month. This amount can be even raised later depending upon your spending capacity. And, if anything goes wrong, you’d have the liberty to stop your investments immediately.

The NAV of Reliance Pharma Fund (Growth) as recorded on 29th May 2019 was ₹144.75. This is a decent price for a fund of this stature, and considering the market factors is expected to rise in the near future. Hence, it is advised that you may book an investment in this fund as soon as possible for taking the advantage of this low price.

The Fund Expenditure and Management
The fund management is a crucial task. It is important for an AMC to ensure that qualified and experienced personnel are in charge of the funds, and are capable of looking after it under any and all circumstances. There are a couple of parameters to judge the fund management, such as expense ratio and the portfolio construction. Let us see how these two factors are held up in Reliance Pharma Fund (G): -

• Expense Ratio
This ratio denotes the average expenditure incurred on the management of the fund. Normally, it would stay within the range of 2-2.5%, and in very rare case would it soar up to 3% and beyond. At Reliance Pharma Fund, this value stays at 2.21%, which is a commendable measure for any sector-oriented fund.

• Portfolio Construction
The portfolio construction is yet another attraction of Reliance Pharma Fund. Since a sector-oriented fund dwells more volatility than other funds, the fund managers have designed a unique investment policy to retain average risk levels. There is a good number of different stocks present in the portfolio, which includes giant & large cap stocks (65.47%), midcap stocks (25.98%), and small cap stocks (8.55%). The large caps provide stability, while the small and midcap stocks are there to energise the wealth creation process. These different stocks work in tandem, thus creating a powerhouse of wealth creation and stability.

The Past Performance

The first thing that probably many investors notice is the past performance of a fund. Reliance Pharma Fund (Growth) has given some really interesting outputs in the last few years. With an average yield of 19.52%, this fund stands at no. 1 spot in the category of sector-oriented mutual funds

Reliance Pharma Fund is an excellent option to capture the advantage of the growing pharma industry. Buy an SIP plan for this fund at MySIPonline and start building your future. 

Which Type of Debt Fund will Suit Your Profile?

Companies run on investors’ money. They issue different types of securities, engage in various public offers to raise money from the masses. This can be cited as a “borrowing and lending “situation, where the issuing companies are the debtors and the public is the creditor. In return for the credit allowed, the public (or the contributors) are paid a steady and regular sum. This is the working philosophy of Debt Funds. If you buy a stake in a top-performing Debt Mutual Fund, you’re actually helping the borrowing company to raise more funds to finance its future operations.

The Types of Debt Funds and Who Should Invest in them

Debt Funds are available in plenty different versions in India. These funds dwell different properties on the basis of which you could select the best for yourself. The easiest and most convenient way to invest in any mutual fund online is through MySIPonline. This website hosts a horde of options, and you can choose the best fit for yourself in no time. Let us now learn about the types of Debt Mutual Funds that are available in the market: -

• Dynamic Bond Funds : True to its name, a dynamic bond fund holds a dynamic nature since its portfolio is subject to frequent changes, which is triggered by a change in the market interest rates. Also, these funds do not have a fixed maturity period, since they invest in instruments having different shelf lives. Since they tend to be more fluctuating, you should be comfortable with an uncertain pay to invest in them. 
• Income Funds : The working philosophy followed by income funds is more or less same as that followed by dynamic funds. Income funds take a call on interest rates and park its funds in debt securities having different shelf lives. However, most income funds tend to buy larger stakes in those debt securities that enjoy longer maturity period. Hence, these funds are a safer haven than dynamic funds, and you could choose this fund if you desire steadiness in income. 
• Liquid Funds : Liquid funds are an excellent alternative resorts to bank and post office accounts. They serve far better returns than these conventional methods, and have rarely produced unsatisfactory returns. They are short-lived investments, hence are perfect for those who are looking forward to make short-term investments. Also, there’s a flexibility to redeem your funds upon your will, as no exit load is charged on redemption. 
• Short-Term and Ultra Short-Term Funds : These funds invest in securities having maturities in the range of 1-3 years. They are an ideal option for conservative investors who do not like being exposed to high risks and desire steady returns.  
• Guilt Funds : Guilt funds are the safest debt funds available in the market. This is because they only invest in government owned securities that have least credit risk, and also government seldom defaults in repaying its debt. Hence, these funds are perfect fit for those kind of investors who’d like to enjoy steady returns with bare minimum risk. 
• Credit Opportunities Funds : Unlike other debt funds, credit opportunities fund do not make investments on the basis of maturity period. Instead, they try to earn high returns by pinning a call on high credit risk options or investing in low-rated bonds that dwell high interest rates. As a result, these funds tend to be riskier than other debt options. 

So, if you have a big appetite for risk, you can proceed with a credit opportunities fund.
If you are looking forward to make a safe investment that pays regularly, then you just select the best performing Debt Funds to achieve your goals. Pick from the various debt options available at MySIPonline and start investing promptly. 

Reliance Growth Fund: Is it a Good Choice to Invest Now?

Monsoon came early for the Finance Market and the showers of returns have given a sigh of relief to the Indian investors. With NIFTY & SENSEX looking in no mood for a hault, investors have started utilizing the bullish trend to fill their appetite. Investors are concentrating largely on the midcap funds to surge exceptional gains in future and Reliance Growth Fund has become the centre of attraction. But as per the past performance of the scheme, some investors are still in a dilemma whether to opt for this scheme or not. The write-up is drafted to put an end to their confusion.

Reliance Growth Fund: Factsheet

Reliance Growth Fund is a midcap scheme that was introduced in the mutual fund market to provide long term growth to the investors money by diversifying the assets in the midcap stocks of the companies having good scope in the future. The fund makes the investment largely in the equities followed by debt and money market instruments.

Is it the Right Time to Invest in Reliance Growth Fund?

Two Gems Added: Reliance Growth Fund (G) is now stronger then ever before. The fund which was earlier managed by Mr. Manish Gunwani has now two more gems added to it- Mr. Dhrumil Shah and Mr. Tejas Sheth. After the joining of the two assets in 2019, the mid cap fund has started achieving remarkable growth.   

Bullish Market Rally: Positive sentiments predicted by the financial experts about the Lok Sabha Election has proved to be right with NIFTY and SENSEX reaching all time highs. The bullish trend is expected to continue as there are no major economical issues currently faced by the country. This is again a good news for the investors who are in a dilemma whether to invest in Reliance Growth Fund or not.

Current Portfolio Allocation: Following the growth style of investment, the midcap fund of Reliance MF has invested the accumulated assets in the large number of sectors with financial sector leading them all. The sector is now surging high gains which clearly reflects that parking money in this sector was a good move by the fund managers. Other sectors holding significant portion of assets include healthcare, services, construction, engineering, FMCG, automobile, etc.

Past Performance: Thomas Alva Edison (inventor of light bulb) failed 1000 times before achieving success. In simple terms, poor performance of a fund doesn’t guarantee its fate and the same is the case with Reliance Growth Fund. Although, the scheme got beaten by the benchmark many a times but since every cloud has a silver lining, in the same way this multicap fund is again back on track and have started beating the benchmark by a huge margin.

Above were some of the points that were complied to make the investors believe that Reliance Growth Fund growth plan is one of the best investment as per the current market conditions. Therefore, an investor should start the SIP plan in this midcap fund and enjoy healthy gains in the future. For any further information, you can reach to the experts of MySIPonline at- www.mysiponline.com or call us at- 9660032889.

How Can the Tax Calculator Help You to Organise Your Tax Bill?

Tax planning is an inevitable part of our lives. Every year, people spend almost a fortune in arranging for a tax consultant in the hope to find the best solution for their tax problems. While this age-old method does provide positive results, it indeed comes with a heavy price tag. So, can there be a better and cheaper solution?

The answer is yes, and you can do this by using the online Tax Calculator. It is an online gadget that will help you in doing the best assessment of your tax issues, and help you save big on your tax fees. You can find this tool online for free at MySIPonline – the best online portal for mutual fund investments.

Income Tax – Who is Liable?

India is a home to more than a billion souls, yet the number of taxpayers is surprisingly low. This is because the majority of the population doesn’t fall within the minimum threshold of paying taxes, as a result of the relaxation allowed by the government. A person of an age not exceeding 60 years is not liable to pay any taxes if his annual income doesn’t exceed ₹2,50,000. Any income earned beyond this threshold will be liable to tax as per the prevailing slab rates. However, if the assessee (or the taxpayer) is a company, there are no such thresholds. They ought to pay taxes on the entire income.

How Much Do You Owe to the Government?

Using the online Tax Calculator can provide best and accurate results only when you disclose your income properly. While there are certain exemptions available that do not fall within the tax bracket, most of the sources of income fall within the ambit of tax. For instance, a person might have different sources of income such as rental income, salary, interest on fixed deposits, and dividend on investments etc. These incomes, for the sake of correct measurement of the tax liability, ought to be included in the computation. However, there are certain incomes such as the lottery winnings, which do not form part of the general income and are taxed separately irrespective of the threshold of ₹2,50,000.

What Benefits does the Tax Calculator Provide?

Using the Tax Return Calculator has a horde of benefits attached to it. This online tool is a superior alternative to the orthodox system of tax planning which otherwise involved hiring a tax consultant. Here are some of the benefits that you can savour while using this awesome online tool for your tax related issues: -

• No Cost Consultant : Unlike the fancy tax consultants, the Tax Planning Calculator doesn’t ask for any fees in consideration for its services. Using this tool is simple and straightforward, and you can run tons of calculations with different combinations to satisfy your tax needs.
• Marvellous Accuracy : No matter how good a person might be with numbers, there’s always some margin of error in his calculation. But that’s not the case with the Tax Planner. This tool is devised by experts and coding wizards, who have used powerful algorithms to ensure accurate calculations. Hence, you can stay carefree about your tax planning and proceed with confidence for your future endeavours.
• Available Anytime, Anywhere : Using the online Tax Calculator is as easy as playing a video game. All you need to do is give it some data about your tax issues and boom! Your results will be served hot and fresh. You can find this tool for free at MySIPonline, and can literally run the tax scan anytime, anywhere.

So, if you’ve had major concerns regarding your tax issues, then it’s time to shrug them off by using the Tax Calculator. Log on to MySIPonline today, and start planning for a more organised tax payment.

SIP Calculator; You’ll be Shocked to See What You can Earn in 20 Years

You might be familiar with the popularity that Systematic Investment Plan (SIP) is gaining in recent times. But do you really know what can be gained from mutual funds SIP in the long term? The experts at MySIPonline have designed a simple tool named SIP Calculator which can allow you to know what can be gained from mutual funds in the long term. Use this tool once before making an investment plan to check the possible gains from mutual funds SIP. Those who do not wish to invest in mutual funds can also check out what they will miss in the long term as the SIP calculator is free of cost.

The Need for SIP Calculator
Systematic Investment Plan is the most efficient investment mode in a mutual fund as it allows investors to build a gigantic corpus with small investments made at a periodic interval. However, when the calculations are concerned, it can be quite confusing as the units allotted for each investment are different depending on the NAV of the mutual fund. Every small investment is compounded along with the previously held assets, hence it is quite perplexing to calculate the capital gains one can earn in the long term from mutual funds. To achieve a financial objective in the long term, it is essential to know what amount needs to be deposited monthly at an expected interest rate.

The Returns are Realistic
It might sound impossible if someone would say you can become a ‘crorepati’ by investing a small amount from your salary every month in the suitable mutual fund. It is actually possible with SIP and the target can be achieved in multiple ways. Using the Mutual Fund Calculator investors can find out the amount required to reach their target at different rate of returns. Investors must note that the calculations are done using the complex mathematical formula of continuous compounding on the basis of data inserted by the user.

How To Use It?
The use of this astounding tool is a walk in the park. A layman with no financial background can take advantage of this user-friendly tool. Investors only need to enter the monthly amount, time horizon and the expected rate of returns to know the details of the expected amount along with the wealth gain. The data can be revamped multiple times to get the most suitable pattern of tenure and return rate. A mutual fund scheme can later be selected if it has the ability to provide the expected gains.

What You Should Know to Use SIP Calculator?
Using the SIP calculator, one can plan according to the personal risk appetite. Conservative investors can select lower expected returns as the low-risk schemes provide lesser gains while aggressive investors can select higher return rate but the tenure of investment must be long enough to overcome volatility. Users must select realistic data to make better use of the tool.

The image shows how the wealth gain of 1 crore can be achieved using the SIP calculator.

SIP Calculator is an incredible tool which has allowed thousands of investors to plan their SIP investment. For the same reason, it is also called as SIP Planner. If you are facing any difficulty or have any query regarding investment in mutual funds, the experts at MySIPonline are on their toes to assist the investors.

Aditya Birla Sun Life Equity Hybrid ‘95 Fund: An Overview

Remember the time when teacher used to tell us to maintain a balance between academic life and extracurricular activities, doctors always suggest us to take a balanced diet for proper nutrition, we as humans always try to maintain a balance between our social and personal life. We do so, because balance is directly proportional to the productivity of ourselves in all aspects. But, why we often forget to choose a mutual fund that keeps a balance between asset classes.

Not anymore, as aggressive hybrid funds diversify the assets in a combination of debt and equities with a mandate exposure of 65%-80% in the equity market. And, the best mutual fund among all is Aditya Birla Sun Life Equity Hybrid ‘95 Fund.

Fund Details:

Investment Style: 
Being an aggressive fund, Aditya Birla Sun Life Equity Hybrid ‘95 Fund invests in a combination of equity and debt instruments. In the equity market, the scheme follows a growth-oriented investment style and ploughs the money predominantly in the large cap companies. Moreover, in case of debt instruments, the aggressive hybrid fund picks high credit quality instruments having medium interest rate sensitivity. Below is the detailed portfolio analysis of Aditya Birla Sun Life Equity Hybrid ‘95 Fund.

Allocation of Assets:
The aggressive hybrid fund of ABSL invests 75.61% of the assets in the stocks of different market caps and the remaining 24.1% is allocated to the debt instruments. This distribution of the assets has helped the scheme in utilizing the benefits of equities and debt instruments. Thus, this scheme is a perfect choice for the candidates who want to enjoy healthy returns of equities and stability of debt instruments.

Allocation of Sector: The financial sector like any other scheme of ABSL, occupies the largest percentage of allocation, i.e, 26.79%, followed by other sectors like, FMCG (7.13%), technology (6.82%), healthcare (6.47%), construction (5.98%), energy (5.84%), etc.

Aditya Birla Sun Life Equity Hybrid ‘95 Fund: Promising Track Record

Th previous track record of the scheme has been very promising. The 5,7, and 10-year annualized returns of this aggressive fund are 13.68%, 13.88%, 16.12%, respectively. The figures indicates the trust that this scheme has payback to its investors in terms of returns. Also, according to the financial experts of MySIPonline, if positive sentiments continue to persist in the finance market, then this scheme has all the capabilities to provide even more attractive returns. 

Who Should Invest in Aditya Birla Sun Life Equity Hybrid ‘95 Fund?

Investors With Moderately High Risk Appetite- The scheme has more than 65% of assets invested in the equities which makes it more prone to risk. Although the fund managers are capable enough to implement the best investment strategy but uncertainty in the market can land your money to risk anytime. Furthermore, never forget to maintain a long-term investment prospective while investing in this aggressive hybrid scheme of ABSL.

Reading so far, you must have understood that there is no aggressive hybrid fund better than Aditya Birla Sun Life Equity Hybrid ‘95 Fund. However, if you still need any further suggestions regarding the mutual fund market, then feel free to contact our financial experts at- www.mysiponline.com, you can also download our Android mobile app for further assistance.

Tata Hybrid Equity Fund is Lagging Behind the Peers. Should You Worry?

Because of its glorious past, Tata Hybrid Equity Fund has a separate fan base. Thousands of successful investors have enjoyed the consistent returns it has delivered since inception in 1995. However, few investors are doubtful to continue their investment in Tata Hybrid Equity Fund as it has been unable to perform well in the market conditions of the last few years. Recently, the fund climbed back by a slight margin but investors are still dicey to invest further. The experts at MySIPonline have taken a deeper look into this situation to assist the investors in making a better decision regarding investment in Tata Hybrid Equity Fund.

What is Tata Hybrid Equity Fund?
Before making any decision concerning the fund it is essential to know the details of the mutual fund. Tata Hybrid Equity Fund is an aggressive hybrid mutual fund or equity-oriented hybrid fund. It was previously by the name of Tata Balanced Fund. It generally maintains a ratio of 75:25 between equity and debt allocation respectively which can also be extended to 70:30 under certain conditions. The portfolio of the fund mostly comprises of large-cap stocks from various sectors. The debt securities are of high credit ratings and aim to control the volatility of the fund.

Why is it Unable to Perform?
Tata Hybrid Equity Fund used to be a top performer in the category, but for the last few years it has lost its ratings due to the underperformance of the selected stocks. The fund previously had a lesser allocation in the financial sector and relied more on the undervalued stocks. Growth At Reasonable Price (GARP) is the stock selection strategy of the fund which allowed the fund to gain high returns in the past but didn’t seem beneficial in the last few years. However, in recent trends, the fund has recovered from the downtrends due to a slight change in the portfolio and increase in the allocation towards the financial sector. The trailing returns of the last 3 years are 8.90% and that of 1 year is 4.93% while for the same tenure, the category average has been 12.12% and 5.76% respectively. However, the long term returns of 10 years or more are still among the best in the category and well above the peers & index.

What Should be Done?
Tata Hybrid Equity Fund aims for long term capital appreciation through a mixed portfolio of equity and debt instruments. The fund has a conservative portfolio but can provide significant returns in the long term. The current portfolio is looking in a good shape and can provide a money-making opportunity to the new investors. Those who are already invested can accumulate for a few months as the market is on the rise and the same fund can be quite beneficial looking at the recent rally. In the last one month, the NAV has surged by 6.05% which is likely to increase further in the upcoming trading sessions. Those who seek higher returns can switch to a more aggressive scheme depending on the suitability.  (data as of 30th March 2019)

Tata Hybrid Equity Fund is a promising scheme in the aggressive hybrid category which has faced a pullback in the last few years but is set to gain the reputation it had in the past. To know whether the fund is the right choice for you, connect with the experts at MySIPonline. For a seamless investment experience and to stay updated with the latest updates in the market, download our android and IOS app through the link provided.

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