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Friday 22 December 2017

MF SIPs for SHORT TERM GOALS


MEETING THE COSTS FOR A FAMILY VACATION, BUYING A CAR IN A COUPLE OF YEARS COULD BE EASY WITH SIPS IN DEBT AND LIQUID FUNDS

When one talks about starting a systematic investment plan (SIP) in a mutual fund scheme, one usually has in mind a disciplined investing approach with a long term goal in mind.

However, advances in banking technology and the MF industry's search for new services for its investors are now making it possible for investors to save and investment through the SIP route to meet their short term and medium term goals as well. For example, one wants to go for a family vacation and needs to plan for the cost a year or two in advance. For that one could set up an SIP in a accrual fund or if the fund house allows, then even in a ultra short term fund or a liquid fund.












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Top 10 Tax Saver Mutual Funds for 2018

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1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield 

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan



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Mutual Fund Application Forms Download Any Applications
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