What is Mutual Funds?
Why Mutual Funds?
Diversification of assets
Offer high liquidity
Safety and transparency
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.
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 of 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, and 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
get in touch
If you still need assistance please do not hesitate to contact us on