Posts

Showing posts with the label Tax

Posted by Ravikumar.

Motilal Oswal Active Momentum Fund - NFO

Image
 Is Momentum Funds are next big things ??? Motilal Oswal Active Momentum Fund NFO Details Description Fund Name Motilal Oswal Active Momentum Fund – Direct (G) Fund Type Open Ended Category Thematic Fund NFO Open Date 24-February-2025 NFO End Date 10-March-2025 Minimum Investment Amt ₹500/- and any amount thereafter Entry Load -Nil- Exit Load 1% -If redeemed within 3 months from the day of allotment. Nil -If redeemed after 3 months from the date of allotment. Fund Manager Mr. Ajay Khandelwal & Varun Sharma Benchmark NIFTY 500 TRI The Motilal Oswal Active Momentum Fund  be managed by Ajay Khandelwal, Varun Sharma, and Rakesh Shetty, and its performance will be compared to the Nifty 500 TRI. For lump sum, a minimum application fee of Rs 500 is required, followed by multiples of Re 1. The minimum investment amount for SIP is Rs 500, and it must be made in multiples of Rs 1 with a minimum of 12 installments. Investment Objective and Strategy : Catching the momentum Invest...

ELSS Vs PPF | What is best for tax saving in 2021? | Detailed comparison between ELSS and PPF

Image
ELSS Vs PPF | What is best for tax saving in 2021? | Detailed comparison between ELSS and PPF     Tax Saving Options. When the Financial year is coming to end, tax savings comes to our mind. Lots of options available in the market for tax savings. Like, FD, National Pension Scheme (NPS), Public Provident Fund (PPF), Equity Linked Saving Scheme ELSS, Sukanya Samrudhi Yojna, National Savings Certificate (NSC). What is Section 80C.   80C is a section in Income Tax Act, 1961. To promote investment, Government allows getting exemption from income tax for the financial year up to 1.5 Lakh Rs. The main intention of the government to generate circulation of liquidity in the market.  We are going to discuss ELSS and PPF. ELSS stands for Equity Linked Saving Scheme. PPF stands for Public Provident Fund. Both of these Funds provide a maximum deduction of 1.5Lakh Rs under section 80C of the Income Tax Act, 1961. What is ELSS (Equity Linked Saving Scheme) Fund? This fund is a pa...