Which MF is best for lumpsum investment?
What Are the Best Mutual Funds for Lumpsum Investment?
| Fund Name | Fund Category | 5 Year Returns |
|---|---|---|
| Quant Tax Plan | ELSS | 23.92\% |
| PGIM India Flexicap Fund | Flexi-cap Funds | 20.62\% |
| Mirae Asset Emerging Bluechip Fund | Large and Midcap Funds | 21.74\% |
| PGIM India Midcap Opportunities Fund | Midcap Funds | 21.42\% |
Which mutual fund is best for 80C?
ELSS mutual funds are also referred to as the tax-saving mutual funds. The provisions of Section 80C of the Income Tax Act, 1961, allows you to claim tax deductions of up to Rs 1,50,000. ELSS is the best investment option under this Section.
Which mutual fund is best for lumpsum investment 2020?
Here are the best SIP mutual funds to invest in India in 2020
| Scheme type | Scheme name |
|---|---|
| Equity Mid Cap | Axis Mid Cap Fund Details + |
| Equity Small Cap | HDFC Small Cap Fund Details + |
| Equity Large & Mid Cap | Mirae Emerging Blue chip Fund Details + |
| ELSS | Mirae Asset Tax Saver Fund Details + |
Which MF is best for lumpsum investment 2021?
Best Lumpsum Debt Mutual Funds FY 21 – 22
- Nippon India Credit Risk Fund. (Erstwhile Reliance Regular Savings Fund – Debt Plan)
- ICICI Prudential Regular Savings Fund.
- Axis Credit Risk Fund.
Which SBI Mutual fund is best for lumpsum investment?
SBI Mutual Fund offers both SIP and lump sum ways to invest in equity funds….
- SBI Technology Opportunities Fund.
- SBI Magnum COMMA Fund.
- SBI Small Cap Fund.
- SBI Magnum Mid Cap Fund.
- SBI Contra Fund.
- SBI Healthcare Opportunities Fund.
- SBI Focused Equity Fund.
How do mutual funds avoid Ltcg tax?
How to manage LTCG tax on Equity Funds
- Ensure a complete understanding of the equity fund scheme before making an investment decision.
- Avoid frequent buying and selling of units of the equity fund.
- Select only those equity funds that have a track record of performance for an extended period (at least five years).
What is the best way to invest a lump sum of money?
If you choose to invest a lump sum, don’t just put it all in one stock. It’s best to find a handful of individual stocks. If you don’t want to take the time to do the research, consider buying a mutual fund or an ETF that gives you exposure to a large number of individual stocks.
Which is the best ELSS schemes to invest currently?
Top Mutual Fund Schemes to Invest
- Nippon India Tax Saver (ELSS) Direct-G.
- LIC MF Tax Plan Direct-G.
- Principal Personal Tax Saver Direct.
- Canara Robeco Equity Tax Saver Direct-G.
- SBI Long Term Equity Fund Direct-G.
- Baroda ELSS 96 Direct-G.
- BNP Paribas Long Term Equity Direct-G. 63.4130.
- Union Long Term Equity Direct-G. 43.6400.
What is the best ELSS scheme?
Under section 80C of the Income Tax Act 1961, investments of up to Rs. 1.5 lakh in ELSS funds are eligible for a tax deduction….List of Elss Mutual Funds in India.
| Fund Name | Canara Robeco Equity Tax Saver Fund |
|---|---|
| Risk | Very High |
| 1Y Returns | 36.5\% |
| Rating | 5 |
| Fund Size(in Cr) | ₹2,876 |
Which SBI Mutual Fund is best for lumpsum investment?