Category Archive For "Mutual Funds"
Savings Account vs. Liquid Funds: Which is better to park surplus cash?
All of us have bank accounts and most of us even have surplus amount lying in that account. The first step to financial planning is having an emergency fund. It should cover at least a minimum of 3-6 months of expenses. It is usually advised to keep this amount in the savings bank account as …
How Many ELSS Funds Should You Have in Your Portfolio?
It’s that time of the year again when we randomly invest in different 80C investments to save tax. But with increased awareness, investments in ELSS funds have increased. But there is a confusion that persists as to how many funds have to be included in the portfolio. Diversify Right Investing in many ELSS funds is …
SBI Focused Equity Fund: Fund Review
SBI Focused Equity Fund is among the top 5 focused funds as ranked by Upwardly. The fund gave 19.32% annualized return since its inception in October 2004. The fund manager, Mr. R Srinivasan, follows a bottom-up approach to select stocks for the portfolio. The fund has only 25 stocks investing across market capitalization and sectors. …
6 reasons Why ELSS is Better Than Other Tax Saving Instruments
There are multiple ways to save tax and we have previously highlighted 19 ways to save tax. Of all the tax saving options available under 80C ELSS is the better option available. Read on to know why. High market linked returns ELSS mutual funds have historically given returns up to 23% (annualized). Since they are …
How to buy mutual funds online in India?
Mutual Funds has been the buzz word for quite some time now. You can buy mutual funds online just like you shop online. Upwardly makes mutual fund investing as easy as online shopping. Have you invested in them yet? Before starting your investment journey, understand where and why you should invest in a particular asset. …
Parag Parikh Long Term Equity Fund: Fund Review
Last updated on January 28th, 2019Parag Parikh Long Term Equity Fund is diversified equity fund. It is a local fund with a global focus. This is one of only a handful of Indian mutual fund schemes to invest in a basket of Indian and foreign stocks. The fund gave 16.32% return since its inception in …
Top 10 Small Equity Mutual Funds whose Performance Surprised us all
Big things often have small beginnings. Small is simple and small is good. Small equity mutual funds are usually ignored when fund recommendations are given to investors. One of the filter for fund recommendations is usually the fund size and the assets it holds. But does that mean the small equity mutual funds which do …
Top 6 Debt Mutual Funds to invest in 2019
Last updated on January 23rd, 2019What are Debt Mutual Funds? Debt Mutual Funds invest in various debt / fixed income securities like Central and State government securities, money market securities, commercial papers corporate bonds and corporate debentures. Debt Mutual funds are best suited for risk-averse investors. Investors looking for more stable and regular returns for …
Top Money Market Mutual Funds to invest in 2019
What are Money Market Mutual Funds? Money Market Mutual Funds is a short-term liquid investment with high credit rating. It provides investors with an avenue to invest in low risk-low return investment class. These are open-ended funds in the debt fund category that invest in cash or cash equivalents. The fund manager invests in high-quality liquid …
Top 5 Liquid Mutual Funds to invest in 2019
Last updated on January 21st, 2019What are Liquid Mutual Funds? Liquid Funds are debt mutual funds that invest in very short-term market instruments such as government securities, treasury bills, and call money. They invest in low-risk securities. Their average maturity is much lower than any of the funds. They invest in securities which have maturity …
Prateek Mehta
Simplifying Personal Finance | Co-founder & CEO, Upwardly.in | Runner | Father | Learner
