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.