#MUTUAL FUND# #FUND #TAX #BENEFIT

                             # MUTUAL FUND # #TAX BENEFIT#

Mutual funds are trust that pools investor savings. For anybody to start a mutual fund, relevant experience in financial services is mandatory. In mutual fund two scheme are there.

·         lump sum

·         SIP (systematic investment planning).

In the mutual fund three types of fund

·         Equity fund

·         Debt fund

·         Balance fund

Equity fund – Equity fund is a fund that invests in stocks. 

TAX

Long Term Capital Gain(more than 12 months )	0%
Short Term Capital Gain	15%tax plus other charge(surcharge,cess)

Debt fund- Debt funds are mutual funds that invest in fixed income securities like t-bills, corporate paper, commercial paper, call money etc.

Equity fund – Equity fund is a fund that invests in stocks. High risk high return.

TAX

Long Term Capital Gain  (more than 36 months )	20%with indexation benefit
Short Term Capital Gain	Profit added to income

Balance fund – balance fund is the combination of equity or debt.

#financial #planning #mutual fund #investment

                               # FINANCIAL PLANING#

Many financial products are there in the market like fixed deposit, recurring deposited, provident fund, equity, mutual fund etc. In equity market high risk and high return. But in which stock we will invest it is a complicated task. Those people not aware about stock market and term logy they have good opportunity to invest in mutual fund. Mutual fund gives a good return but a market risk. If anyone invests in mutual fund for a long term in equity fund it’s a tax free and gives an amazing return. In mutual fund lum sum investment or SIP (systematic investment planning). If you minimize the risk go to SIP more than three to five year it’s give a sublime return.