Rakshabandhan 2023: Give this gift to this Rakshabandhan sister, future will be like this – best useful unique raksha bandhan gift for sister mutual fund gold fund nps
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Multicap Mutual Fund
Generally speaking, equity is the only asset class that can beat inflation. Over the long term, it offers higher inflation-adjusted returns than other asset classes. A multicap fund gets access to at least 25% allocation to each marketcap (large, mid and small). Higher largecap liquidity keeps the portfolio stable, and lower liquidity in mid and smallcaps provides alpha opportunities. Value and growth potential exist across all marketcaps, with mid and smallcaps presenting unique segments. Funds with consistent higher mid and smallcap exposure can generate optimum returns by seeking growth in these niche areas.
Money Market Mutual Fund
It is a debt mutual fund that seeks to generate stable positive returns by following a massive accumulation strategy for the major portion of the portfolio. It invests in money market instruments with maturity up to 1 year like CDs, CPs, T-Bills etc. This product is also good for investors who do not want much exposure to the stock market.
Index FundETF
Index Funds/ETFs track market indices and try to invest accordingly. It is a low cost way to get broad equity market returns. In any active portfolio, the fund manager’s decisions vary from stock to stock. In a passive portfolio, the top two or three rules are rigid, and the rest are flexible. Being so simple makes it possible to have discipline and be consistent. For example, Nifty 50 Index Fund, S&P BSE Sensex Index Fund, Niche Index Fund Digital ETF, Midcap 150 like Momentum 50 focus on specific sectors of the market with the goal of creating alpha over broad market returns.
gold etf
Gold is an asset that can give higher returns than inflation and has a low correlation with other assets. Gold ETFs represent physical gold backed by high purity gold. One unit is equal to 1 gram of gold. One can find both the flexibility of stock investing and the simplicity of investing in gold in Gold ETFs. Holding Gold ETFs for more than 36 months provides tax-efficient long-term capital gains.
NPS
By investing in this scheme, you can create a pension wealth at a low cost, while also getting the facility of management by experts. It offers tax benefits during contribution and withdrawal. Under the old tax regime, contributions up to Rs 1.5 lakh were eligible for tax benefits under Section 80C and Rs 50,000 under Section 80CCD(1B). For individuals salaried under the corporate model, an additional 10% benefit (up to Rs 7.5 lakh) on the old and new tax regime is applicable. Withdrawal of 60% amount is tax-free while 40% investment in annuity is tax exempt. Annuity pension is treated as income and taxed accordingly.
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