38 SBI Mutual Funds Schemes Reclassification – Should you continue or exit?

What is the reclassification changes done by SBI Mutual Fund AMC across these 38 mutual fund schemes? Which Mutual Funds are getting effected with such reclassification and categorization of mutual fund schemes? Should you continue to invest in them or exit? Do SBI Mutual Fund is giving an option to exit if investors do not like it? #SBIMutualFundsReclassification #SBIMutualFundCategorization #MutualFunds

Source: 38 SBI Mutual Funds Schemes Reclassification – Should you continue or exit?

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Top 8 Best Term Insurance Plans in India in 2018-2019

One of the best ways to secure from such sudden negative surprises in life is to take Term Insurance Plan. Term Insurance Plans would come with low cost and high sum assured and secures your family in such loss. How to pick-up best term insurance plan? Which are the Best Term Insurance Plans for 2018-2019? What are the Top 8 Best Term Plans for 2018-2019 that has high claim settlement ratio? #BestTermInsurance2018 #TopTermInsurancePlans #InsurancePlans

Source: Top 8 Best Term Insurance Plans in India in 2018-2019

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Top Balanced Mutual Funds to Invest

Top Balanced Mutual Funds to Invest

One of the moderate risk mutual fund schemes are balanced / hybrid mutual funds. These mutual funds would invest part of the amount in debt instruments, hence these are moderate risk funds compared to quity funds. What are balanced mutual funds? Which are Top Balanced Mutual funds which you can bet and invest?

What are Balanced Mutual funds?

Mutual funds would invest their portfolio based on the investment objective. Equity Funds would invest more than 90% in equity. However, balanced mutual funds on the other hand would invest 60% to 70% of the investment amount in equities and the balance of 30% to 40% in fixed income schemes like bonds, debentures etc. With such investment strategy, there is less risk for investment compared to equity funds.

Top Balanced Mutual Funds to Invest

These top balanced mutual funds to invest have been analyzed and shortlisted based on some of the key parameters.

  • These are picked based on highest returns received in the last 5 years.
  • Funds, which are rated by Crisil as Rank-1, Rank-2 and Rank-3 which indicates top performance across various market cycles.
  • Value research rated these mutual funds as 5 star and 4 star.
  • AUM (Assets under management) > 100 Crores. This proves investor confidence among these top 10 mutual funds.

Top-1: HDFC Balanced Mutual Fund

Funds objective: This mutual fund scheme aims to generate capital appreciation from a portfolio of equity and debt instruments which invests up to 60% in equity and balance in debt related instruments.

Fund Performance: This fund has beaten its benchmark and provided 14.4% annualised returns in last 5 years.  If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 93,000 now.

Why to invest: This fund performed well in last 10 years and given 16% annualised return comparing to balanced fund category of 9.6%. It would reduce risk by investing part of the investment in debt instruments. Crisil Ranks it as Rank-2 and Value Research Ranks as 4 Star (4 out of 5). This is my favorite top balanced fund to invest for medium to long term.

Top-2: ICICI Balanced Mutual Fund

Fund Objective: The scheme invests in equities and related securities as well as fixed income and money market securities. It invests 60% minimum in equity and balance in debt related instruments.

Fund Performance: This fund has beaten its benchmark and provided 15% annualised returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 92,700 now.  Crisil Ranks it as Rank-3 and Value Research Ranks as 4 Star (4 out of 5).

Why to invest: This fund performed well in last 10 years and given 13.15% annualised return comparing to balanced fund category of 9.61%. It would reduce risk by investing part of the investment in debt instruments. This is one more top balanced fund to invest for long term.

Top-3: Tata Balanced Fund

Fund Objective: The fund scheme aims periodic returns and long-term capital appreciation from a balanced portfolio of debt and equity.

Fund Performance: This fund has beaten its benchmark and provided 15.8% annualised returns in last 5 years. If you have invested in this fund for Rs 1,000 per month through SIP for 5 years, your total investment would have been Rs 60,000 and your investment value would have been Rs 94,400 now.

Why to invest: This fund performed well in last 10 years and given 16% annualised return comparing to balanced fund category of 9.6%. It would reduce risk by investing part of the investment in debt instruments. Crisil Ranks it as Rank-2 and Value Research Ranks as 4 Star (4 out of 5).

Conclusion: These balanced mutual funds would provide opportunity for investors who want to invest in mutual funds, but do not want to take high risk. These are generally termed as moderate risk and moderate return mutual fund schemes.

This is a guest post from Suresh KP, founder of Myinvestmentideas.com who provides tips about Best Funds Mutual to invest. He can be reached at suresh@myinvestmentideas.com for any further clarifications.

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Top 5 Liquid Funds for 2018

Due to stock markets being volatile, some investors might be thinking of keeping some liquid cash so that one can take opportunity in investing in stock markets during correction. Some investors want to park money for short term like paying down payment for Car or Home. Here comes the Liquid Mutual Funds. If you want to invest lumpsum for short term of 1 week to 1 year, you can invest in some of the top and best liquid mutual funds in India in 2018-2019. Best liquid funds provide high returns compared to bank FD’s in the short term.  You can get as high as 4% returns for 6 months and 6% to 8% returns for 1 year. What are liquid mutual funds? How liquid funds are best compared to other fixed investment options available in the market? Which are the top 10 best liquid mutual funds to invest now in 2018-2019 for a short term period?  Earlier, I have written about Top 5 Liquid Funds and now I have enhanced this to top 10 liquid funds.

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New and Revised Income Tax Return (ITR) Forms for Assessment Year 2018-19

Few days back, Central Board of Direct Taxes (CBDT) has issued new ITR forms for Financial Year 2017-2018 i.e. Assessment Year 2018-2019. Now salaried individuals need to furnish more details in the Income Tax Return (ITR) forms from this year. NRI’s can now furnish foreign bank for claiming income tax refunds. What are the changes done in recent New ITR Forms for FY2017-18 – AY2018-19? Which ITR forms you need to use for financial year 2017-18 (Assessment Year 2018-19). This article provides more information about New ITR Forms applicable from this year onwards.

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Paytm Gold Saving Schemes Review

Paytm has launched 2 new gold schemes, gold Gifting Plan and Gold Saving Schemes. One can give e-gift of gold to any of their family members. One can save in gold through Paytm Gold Saving Schemes on regular basis. You can refer more info in this article on Paytm Golf Gifting and Gold Saving Scheme.

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LIC Bima Shree Insurance Plan Review

LIC has launched its new money back plan, LIC Bima Shree Insurance Plan No. 848 on 16th March, 2018. LIC Bima Shree is a non-linked, with profits, limited premium
payment money back insurance plan. LIC Bimas Shree Plan is replica of Jeevan Shiromani except for few changes, hence we can term this as “Mini Shiromani”. LIC keep
playing with different names with few changes to attract investors. LIC agents are putting tag line for this plan as “an exclusive solution for elite people”. What are
the features of LIC Bima Shree Insurance Plan No. 848? How much money, one would get on pre-defined intervals from LIC Bima Shree Insurance Plan? Should you invest in
LIC Bima Shree Insurance Plan No. 848?

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