Mutual Funds
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What is Mutual Funds?
A mutual fund is a financial vehicle in which the investors pool money in order to invest in different markets and securities. Such funds are invested on the basis of a particular fund scheme objective. Mutual funds are a great source to help you achieve your financial goals. Just by starting Monthly SIP (Systematic Investment Plan), you could fulfill various financial goals like retirement planning, a child education plan, and buying your dream house or car!
Why Mutual Funds?
Mutual funds will help you diversify unsystematic risks by giving more diversified options across different sectors
Diversification of assets
Offer high liquidity
Safety and transparency
Lower cost
Why us?
Fincart takes care of its client's investment requirements with the help of mutual fund advisors.
Availability of mutual fund calculator that evaluates all the risks and rates of return associated with the investment.
We focus on extracting the benefits of mutual funds to meet their financial goals.
Regular supervision by mutual fund advisor and planner.
What is customised mutual fund plan?
We generally do not like the idea of simply recommending a Mutual Fund scheme unless the client insists on having one. When dealing with your hard-earned money, we take the utmost precaution of running a diagnostic test to understand your requirement and then recommending the best-suited investment product. We follow the investment planning approach when suggesting a suitable Mutual Fund product for investments.
Mutual fund planning process
- The general investment planning process is followed to evaluate the product's suitability to the client's risk profile and actual requirements.
- However, if a client insists on knowing just the Mutual Fund Scheme, we first evaluate his risk profile and try to understand when he will need the money.
- The system then picks the best-suited investment products based on the above two filters.
faq's
Mutual fund is a market linked product. As per SEBI, their returns cannot be guaranteed. Mutual funds are subjects to market risks.
The Net Asset Value (NAV) of a mutual fund is calculated by dividing the total assets by the number of units in the fund. The price of a unit is equal to this value. Once a day, NAV is calculated.
- Under Section 80C, you can claim tax deductions of up to Rs 1.5 lakh on equity linked saving schemes (ELSS).
- You also get long term capital gains tax in equity funds which is 10% + 4% cess provided the gain in a financial year is over Rs 1 Lakh.
- Long term capital gains upto Rs 1 Lakh is totally tax free.
- Short term capital gains (if the units are sold before one year) in equity funds are taxed at the rate of 15% plus 4% cess.
Largely there are three types mutual funds-
- Hybrid Funds: These invest in both Equities and Fixed Income, thus offering the best of both, Growth Potential as well as Income Generation
- Equity or Growth Funds:These invest predominantly in equities i.e. shares of companies, the primary objective is wealth creation or capital appreciation
- Debt mutual fund: Bonds, corporate debt securities, money market instruments, and other fixed-income instruments that offer capital appreciation are examples of debt funds. Funds that invest in debt are also known as income funds or bond funds.
- Professional Management
- Asset Allocation
- Best Tax Saving Option
- Schemes for Every Financial Goal
- High Return on investments
- Easiest Form Of Investment
- Safety & Transparency
- Liquidity