Outflows Increasing in Hybrid Funds; Is the Debt Crisis Haunting Hybrid Portfolios?

The growth in the combined AUM of hybrid mutual funds is in negative for quite a while. In June 2019, hybrid portfolio witnessed net outflows of more than Rs 2,300 crore. Not only in June but the downtrends in the AUM of hybrid schemes has been going down since a couple of months. The debt crisis in many of the trusted NBFCs might be a major reason for that but the experts at MySIPonline suggest there might be more reasons for investors to step out of the mixed portfolio.

NBFC Crisis Is a Major Reason

The outflows in hybrid schemes have been overpowering the inflows for a long time now. The downtrends in AUM of hybrid schemes started to ignite after the introduction of Dividend Distribution Tax in March 2018. However, in the last few months, more investors have been going away from hybrid schemes and are switching towards pure equity scheme. Clearly the defaulting of fixed income securities issued by various prominent non-banking financial institutions have feared the investors of debt as well as hybrid mutual funds. The net outflows in the liquid fund for the last month were over Rs 1.5 trillion but the equity mutual funds witnessed tremendous inflows. Hence, it can be clearly observed that the investors have been avoiding the fixed income securities and are shifting focus towards pure equities. The debt crisis is the most influential factor due to which the investors have been losing interest in the hybrid funds.

Other Supporting Reasons

Those who invested in hybrid mutual funds for regular dividends have deserted as the fund managers have stopped paying regular dividend after the introduction of dividend distribution tax.
The equity market is not doing well in the last few years and its effect can be seen on the performance of hybrid schemes as well. Due to continuous under-performance, many investors have stopped investing further.

Should you Stop Investing in Hybrid Funds?

Absolutely not. Hybrid mutual funds are chosen for risk-adjusted returns from a mix of debt and equity instruments. The factors that are responsible for outflows in hybrid schemes are temporary and must have no effect on the mentality of long term investors. These funds are chosen by a large number of investors. Market trends are lesser effective on the performance of hybrid schemes. Suitable investors should keep investing regardless of inflows or outflows in the category.

What are the Top Performing Hybrid Schemes?

Many hybrid schemes have been doing a great job in the recent market and the investors can choose best in different sub-categories of the hybrid mutual fund.

1. Aggressive Hybrid: ICICI Prudential Equity & Debt Fund, Mirae Asset Hybrid Equity Fund, Reliance Equity Hybrid Fund
2. Conservative Hybrid: ICICI Prudential Retirement Fund, Aditya Birla Sun Life Regular Savings Fund, UTI Regular Savings Fund 
3. Equity Savings: HDFC Equity Savings Fund, Kotak Equity Savings Fund,  Axis Equity Saver Fund 

Those investors who are planning to move away from hybrid schemes need to re-check their investment objective. Some hybrid schemes are still performing better than many of the pure equity schemes and if the investment objective is not looking within reach, then re-structuring of the portfolio can be done under a financial expert. These funds aim to provide risk-adjusted returns from a mixed portfolio of different asset class and the investors can enjoy capital gains from multiple assets. This feature is not available in pure equity or debt scheme. Following are the best performing hybrid funds which can be chosen to make a better investment plan in mutual funds. To get the best recommendations regarding mutual fund investment, connect with the experts at MySIPonline. 

How Sundaram Rural and Consumption Fund is Helping India Getting Rich?

India is one of the most populous countries in the world. Nearly 70% of the population still lives in rural areas. As a result, the country is ailing with problems like unemployment, poor infrastructure, improper sanitation, and depleting quality of life. The government has been working with full force to eradicate these problems and build a stronger, happier society where every person gets the best of life.

Promoting industries in the backward sections of the society is an important step in ruling out the above mentioned problems. And with mutual funds such as Sundaram Rural and Consumption Fund, this task has become even more possible. This fund is specially designed to source more capital from the market and inject in the rural based companies.

Understanding the theme

MySIPonline – India’s leading online investment brand – has put out a detailed outlet of Sundaram Rural and Consumption Fund (G). It will help you to understand how this fund can work for the betterment of the investors and the society at large. Let’s see how it all works.
Sundaram Rural and Consumption Fund – Regular Plan, previously known as Sundaram Rural India Fund, is a thematic fund that direct its capital in rural based companies. It strives to create wealth by promoting these companies and helping them to achieve better yields, every year. In other words, it works as a bridge between the providers and seekers of the capital with an aim to promote and develop the poorer sections of India.

The Bio Data

When investing in a fund, it is important to take note of its key highlights. Sundaram Rural and Consumption Fund (G) is aimed at a noble cause, but from a business point of view this reason is not enough for initiating an investment in it. Hence, the experts of MySIPonline have penned down the main details about this fund that will help you to gauge if it deserves your money. Let’s take a look at these details: -

1. The Age : Sundaram Rural and Consumption Fund is working since 2006. It is geared towards promoting rural areas and creates capital through diversified equity portfolio. Normally, a fund is considered fit to invest if it has passed at least 5 years in the market. Since Sundaram Rural and Consumption Fund G has been in the market for over a decade, it suffices this requirement. 
2. The Wealth : Over the years, Sundaram Rural and Consumption Fund (Growth) has accumulated a wealth which is worth ₹2, 347 crore as valued on 31st May 2019. This is a sufficient corpus to initiate further expansion and can lead to better future prospects. 
3. The Expenses : The fund expenses is an inevitable part of any mutual fund. However, it should not exceed the maximum limit set which is 3%, currently. In case of Sundaram Rural and Consumption Fund (G), this ratio sits at the value of 2.17%. This tell-tales that the expenses are well under control and the resources are utilized optimally. 
4. The Returns : In the past, Sundaram Rural and Consumption Fund – Regular Plan (G) has given attractive returns, surpassing the performance of the benchmark (NIFTY 500 TRI) and the peers. The last five-year yield sits an average of 14.51%, while the yield to date average out at 11.52%. 

On the basis of the above information, it will be justified to say that Sundaram Rural and Consumption Fund (G) is indeed a good investment option. By investing in it, you can grow yours as well as the country’s wealth in a few years. For making the best financial plan, take assistance from MySIPonline. 

Why Axis Focused 25 Fund is in the Top Recommendations of Wealth Experts?

The equities hold a very large share in the mutual fund market. There are tonnes of products of various genres in the market, ready to be tapped for growth and returns. However, it is reasonably difficult to identify and decide which equity funds – large caps, mid-caps and small caps – hold correct valuation and will perform well in the future.

Axis Focused 25 Fund, being an equity-oriented multicap fund, provides the liberty to enrich the portfolio with the prowess of all types of equity stocks. This then allows the freedom of balancing the stocks on the basis of various merits, including their market valuation. This fund is best for creating a robust portfolio set in the long-term, which can provide capital appreciation and achievement of goals.

Why Experts are Recommending Axis Focused 25 Fund (G)?

From the point of view of MySIPonline’s experts and other market gurus, multicap funds hold a superior position in comparison to other funds, as far as valuation of the funds is concerned. Normally, each category fund has to be valued separately to decide which fund will perform better. However, this drill is easier in multicap mutual funds since not many but only one fund has to be valued. Also, there is a flexibility of adjusting the stocks (large cap, midcap and small cap) in accordance with the market so as to ensure that the portfolio is devised in the best possible manner and no overpriced stocks are included in it.

What was the Past Performance of the Fund?

Besides having the flexibility to involve multiple stocks, Axis Focused 25 Fund Regular Plan Growth won the experts’ recommendation on the basis of its past performance. The fund has given remarkable returns in the past and has also been able to keep a steady growth. If we calculate average yield produced toll date by the fund it comes out to 16.24%, which is a decent figure. The fact that the fund has been recently introduced in 2012 further complements its performance capability, since it is a remarkable achievement in such short time. Also, a comparative analysis of the fund reveals that it has stayed well ahead of the peers and has also beaten the benchmark. The comparison is shown below in the table for your reference: -

Who can Invest in Axis Focused 25 Fund (G)?

The doors of multicap funds are open for all, since they are a conglomeration of all kinds of stocks and do not focus on a particular style of investing. They follow a universal approach for investing and find the best prospects across different segments of mutual funds. Axis Focused 25 Fund – Regular Plan (G), being a top class multicap fund, harbours these benefits of universal investing. There is no special reservation for one or two stocks, and an assorted pool of stocks together form the portfolio of the fund. Hence, on the basis of these merits it can be concluded that all kinds of investors can place their money in Axis Focused 25 Fund. There is no bar on the entry, and the prospects are positive for anybody who invests in this fund.

Therefore, if you are looking for an ideal investment option for achieving your objectives, then you are suggested to invest in Axis Focused 25 Fund (G). MySIPonline’s easy investment services will allow you to buy a slice of this fund in no time. So, stop thinking and start acting. Invest today! 

SBI Small Cap Fund – Good or Bad for My Portfolio?

It is really interesting to see how diverse the investor community has become. People from all walks of life are showing interest in mutual fund investing, putting their discrete requests before the AMCs thus forcing them to launch products tailored according to their needs.

While it is obvious that what may be suitable for an investor may not work for another, it is important to know which parameters help us detect such qualities. Today, we are going to review SBI Small Cap Fund, which is one of the bestselling small cap fund in India. The details are brought to you by the expert reviewer of MySIPonline, who preserve vast experience in fund analysis and investment guidance.

Taking the Basics

1. The Fund House : SBI Small Cap Fund (G) is one of the many top performing funds issued by the fifth largest asset management company in India, SBI Mutual Fund. This AMC is known for its commendable contribution towards changing the face of the Indian investment industry, and is also credited for bridging the gap between investors and better opportunities. 
2. Scheme Type : SBI Small Cap Fund – Regular Plan (G), as apparent from its name, is an equity oriented, open-ended mutual fund. Being an open-ended scheme, the fund has the freedom to transact in shares at any time of the year. However, investors do not have any direct participation in buying shares, as the same is merged in the units obtained by them of the fund. 
3. Fund Objective : The primary objective with which SBI Small Cap was launched in the market was to provide a platform to the investors to invest in avenues that could help them magnify their riches and achieve their long-term goals. 
4. Current Wealth : Operating in the market since 2009, SBI Small Cap Fund Growth has successfully managed to garner a huge wealth from its subscribers. Today, the fund stands worth ₹1, 992 crore as recorded from the files dated 30th April 2019.

Discussing the Suitability

Small caps are aggressive in nature. In fact, their volatility factor tends to be the highest among all other products of equity nature. Hence, it is advised that investors should do a thorough introspection of their profile before panning any investment in SBI Small Cap Fund. You can follow these tips to know if this fund suits you: -

• Check the Past Performance : As told earlier, SBI Small Cap is a volatile fund owing to its inherit portfolio dabbed with small cap stocks. Hence, the past performance is quite unstable. There have been instances where the fund has skyrocketed yielding 60% returns; and there have been times when the performance has slipped to 6.5% returns. So, if you’re ok with this oscillation, then you’re good to go!
• Check the Investment Philosophy : The investment philosophy adopted at SBI Small Cap Fund (G) is very dynamic. Though it is biased towards small caps (57.36%), considerable preference has been given to other stocks such as mid-caps (37.58%) and others. This mix of stocks ensures that the fund doesn’t get hurt by excess risk, and everything stays under control.
• Give a Cursory Look at the Top Holdings : The top 10 stocks of the fund hold about 36% of the wealth of the assets. These stocks belong to rising industries such as FMCG, Engineering, Financial & Banking, and Textiles. These industries together construct a robust pool of assets working together for a common goal. 

So, if you’re okay with some risk in return for a good reward, then SBI Small Cap Fund (G) is definitely a good plan for your portfolio. In case you need more assistance, feel free to call MySIPonline. We’re here to help!

How Can Reliance Liquid Fund Help You During Financial Emergency?

After reading the title many people might argue that why to go on a route of liquid funds when savings account provides the best liquidity as the amount from a bank account can be withdraw in seconds. The argument stands a chance only in terms of faster redemption but not in terms of returns. Your amount will earn better returns through liquid funds than the once sitting ideal in your bank account. And, Reliance Liquid Fund is one such scheme that have always grabbed the top spot in terms of returns. With almost double the returns, an investor can obviously compromise with the redemption period.

Reliance Liquid Fund: At a Glance

The liquid fund of Reliance Mutual Fund was launched on 9th December, 2003 with an investment objective to provide long term capital appreciation to the investors along with high liquidity. The AUM of Reliance Liquid Fund is Rs. 34,422 Crore (as on 30th April, 2019) which is diversified in the instruments having high credit quality and low interest rate sensitivity. An investor can begin investing in this debt fund of Reliance MF with a minimum amount of Rs. 500. The scheme has an expense ratio of 0.23% (as on 30th April, 2019) which further aids in gaining high profit. Moreover, the scheme comes with a zero lock-in period which makes it a suitable fund for emergency as an investor can make the redemption any time in a day.

Reliance Liquid Fund: Style of Investment

The fund manager, Ms. Anju Chhajer follows a very focused approach and parks the investors money largely in A1+ credit quality instruments. In general, the debt and money market instruments in which the cash is ploughed have a maturity period of 0.13 years. The fund invests in the instruments having low maturity period which makes it one of the best mutual fund for the investors who want to invest in the mutual fund market for a shorter period of time and withdraw their money easily without paying the exit load.

Reliance Liquid Fund: Best Scheme During Emergency

The emergency fund of Reliance Mutual Fund has given exceptional returns in the past. Thus, by starting the SIP plan in this mutual fund, an investor can achieve good profits on the invested amount. Furthermore, L&T Midcap Fund comes with zero exit load therefore when an investor is in need of urgent amount then he can make the redemption quickly from the scheme. In this way, an investor can generate high returns on the invested amount along with high liquidity. Also, an investor can make quick redemption of up to Rs. 50000 in a day or 90% of the invested amount, whichever is low, and the remaining amount will be redeemed on the next working day.

About the Fund Manager of Reliance Liquid Fund

Ms. Anju Chhajer: She is a B.Com graduate and a CA. Ms. Chhajer joined the Reliance Mutual Fund in 2007 and holds 16 years of experience in the debt market. She manages the debt mutual funds of the AMC and is associated with the firm as Debt Fund Manager. Through her in-depth research and analysis, she has never failed to meet the expectations of the investors.

This brings us to the end of the write-up. Investors are always looking for the best investment plan that can act as a saviour during financial emergency and a perfect example of such plan is Reliance Liquid Fund. Thus, investors should park their surplus cash in this liquid fund of Reliance Mutual Fund for better gains.

Kotak Mutual Fund: Best Schemes for Planning Your Child’s Future

Holding the child for the first time is a special feeling. The tiny eyes which are ready to see the world should not hold any unfulfilled dreams is the effort of every father. Every parent wants his child to be financially secure and Kotak Mutual Fund is ready to help such parents. The fund house has some of the best performing mutual funds that can help an investor in planning a secured child’s future. In this write-up, three phases of a child’s life is discussed along with the best scheme. Give a read to know more.

1. Child Planning: 
Everything should be perfectly planned for the tiny creature. Moreover, the newly born will bring along with him a lot of expense. The price of clothes, toys, doctor’s fees will be enough to break a sweat. To cope with the expenses an investor should park the money in the large cap fund of Kotak MF, i.e., Kotak Bluechip Fund. Moreover, the large cap funds have a stable growth rate which can help you in diluting the risk.

 The fund has been a consistent performer and have achieved remarkable growth in the past. Thus, start your SIP plan in this scheme.

2. Child’s Education:
With the inflation rate reaching heights, the education expenditure has also grown up. To give your child the best education, you will need a hefty amount which can be achieved by investing in the midcap fund of Kotak Mahindra Mutual Fund. Kotak Emerging Equity Scheme fund invests in the midcap stocks of the companies having higher growth prospect in future. For an investors in his 30’s, this will be the best SIP plan. 

The mutual fund has given tough competition to the benchmark and category’s fund. The scheme has given good capital appreciation in the long term tenure which makes it one of the best mutual fund investment in India.

3. Child’s Marriage:
To see the child in a fancy ‘Sherwani’ is a dream of many parents. However, a decent marriage will again require a good amount of cash. Also, at your child’s marriage you will be in your 50’s and thus, you can’t afford to take high risk in the mutual fund space. Therefore, in this scenario, the best scheme of Kotak Mutual Fund would be Kotak Standard Multicap Fund Regular Plan. Below is an overview about the fund. 

By diversifying the assets in a combination of large cap, small cap, and mid cap stocks this multicap fund has provided stable returns to the investors in the long term.

A mutual fund investment requires proper nourishing similar to a child. The schemes of Kotak Mutual Fund are one of the best mutual fund investment that can help you in planning the future of your child well. Thus, start your SIP plan in these funds ASAP.
You can easily find these schemes at www.mysiponline.com which is a leading online platform for mutual fund investment. 

5 Things About Equity Mutual Funds that Experts Don’t Want You to Know

Financial experts of equity mutual funds are considered next to God whenever an mutual fund investment is to be made. Investors blindly follow the path as preached by the experts and obviously they can’t deny their prophecy regarding a mutual fund as they have already idolized them as Gurus. But if this is the case then why each year we see several underperforming funds in the line up. The investors who lose their money in such funds must have also followed the wordings of experts.

In short, mutual fund universe is an unpredictable environment and no one can time the market. Here are 5 things about equity funds that experts don’t want you to know.

5 Golden Rules to Know Before Investing in Equity Market

1. AUM Are Just Numbers, Ignore Them: A mutual fund having AUM in thousand crores will yield good returns is a common misconception among the investors. But the reality lies far away from the myth. An AUM is just a number that portrays the assets parked by the investors in the fund. Agreed that a top performing equity mutual fund will attract more investors and thereby, the AUM will increase but with great AUM comes great responsibilities for the fund manager to manage the fund. To beat this, an investor should always keep an eye on returns rather than AUM.
2. NFOs Will Earn Good Profit, Not Always True: Every year we see several investors in queue to grab the opportunity of buying a unit of NFO at an NAV of Rs. 10 which in turn lures them to buy more units at lesser price. However, it will take seconds to Google the list of several NFOs who are performing drastically. Moreover, if thought logically then what is the need to open a new equity mutual fund when the fund house already has schemes in every category. In simple terms, a scheme having vast AUM becomes hectic to manage and the management team delivers the same dish in a new packing.
3. Mutual Fund Is a One-Bet Game, Think Again: Investing in equity mutual fund is not a poker game and its high time that investors should get this fact in mind. The wealthy investors whom you admire haven’t won a lucky draw, it is the work of their sheer patience and right calls. A long term investment prospective is always required to achieve the financial goals. Also, no one can time the market...agreed, but an investor can always make a right call.
4. Diversification means Including More Schemes- False!: Financial experts always suggests to maintain a diversified portfolio but the question of how to construct a diversified portfolio remains unanswered many a times. Investors generally include all the top performing equity schemes in the portfolio and wait for the ‘returns’ shower to happen. But this is not the correct way, a powerful portfolio should include the schemes from different categories which are in line with your financial goal, investment horizon, and risk appetite.
5. Past Performance for Scheme Selection, A Big No: An exceptional past performance doesn’t guarantee high performance in the future. For instance, Sachin Tendulkar is one of the classiest batsman the world have even seen but he also got out several times without scoring a run. Applying the same logic here, a scheme can be top performing based on the past performance, but no one can predict what the future holds for the equity mutual fund. Furthermore, an investor should always look at the portfolio allocation of a mutual fund to get some hint about the future growth aspect of the scheme. If the fund has included some of the top stocks from different sectors then the scheme can help you in generating good profits.          

If you are reading this line then you must have known the important things to keep in mind before investing in equity mutual funds. Moreover, if you require any other assistance related to the mutual fund market then feel to reach us at- www.mysiponline.com or call us at- 9660032889.

Tata Digital India Fund - Bumpy Ride in 2019 by The Top Performer of 2018

Tata Digital India Fund was among a few schemes which delivered outstanding returns in 2018 as the market conditions were decent. It was the best performing mutual fund in 2018 and nearly provided 25% annual gains. Not only in 2018 but this particular scheme has always been an apple of the eye for the sectoral investors. However, the journey of this high rated scheme in 2019 has been full of ups and downs. The market conditions have been volatile but this scheme has weathered volatility since inception so why not now? Keep reading as the experts at MySIPonline explain the key reasons and the expectations from the scheme in the near future.

A Must Know for IT Investors

India is the largest exporter of IT in the world. According to the data released by NASSCOM, 79% of the total revenue of the Indian IT companies come from the exports. This does not mean that the IT sector is insignificant in the domestic market. The technological sector accounts for 40% of India’s GDP. The IT sector is highly dependent on national as well as international market conditions. The strength of INR against USD greatly affects the stocks of IT sector companies.

For the same reasons, the professionally handled IT sectoral mutual funds like Tata India Consumer fund, have enjoyed pleasant conditions even in the bearish trends of the domestic equities. In 2018, when a majority of the mutual funds struggled to maintain positive returns, Tata Digital India Fund provided nearly 25% gains in the calendar year of 2018. Weakness in rupee was a prominent reason that aided the IT sector growth. In 2019, the market has been turbulent in the international as well as domestic market due to general elections, fluctuations of crude oil prices, US-China trade war, etc. Due to which, the IT sector is also facing inconstant conditions.

About the Performance in 2019

For Tata Digital India Fund, the start of the year was perfect and superior gains were provided by the scheme in the initial months. However, the market turned volatile in later trends and so was the NAV of Tata Digital India Fund. Nothing can be predicted as of now as the general elections and trade war between US and China will be deciding factors.

What Should You Do?

According to the experts at MySIPonline, Tata Digital India Fund is a prominent sectoral scheme which has been a top performer under every market condition. It is focused only over IT stocks and possesses high risk. Investments must be done for the long term while opportunities to maximise the gains can be grabbed by purchasing more units when the NAV falls. The fund is more suitable for experienced investors as it is highly dependent on market conditions. New investors must take suggestions from an expert before investing. India has a great scope in IT sector and long term investments in Tata Digital India Fund can be quite rewarding for the investors.

Tata Digital India Fund is a late entrant in the category but has beaten all the peers under right market conditions. It is operated by supreme management staff at Tata Mutual Fund and is one of the best sectoral mutual funds in India. To start your investment now, download the MySIPonline app and become a successful investor. 

Does the Rising Pharma Sector Signaling Better Investing Opportunities for Us?

India enjoys a dominating position in the pharmaceutical market, sharing almost 50 per cent of the global supplies of medicines and sundries. The advanced countries like the US and the UK depend upon India’s chemical excellence for the betterment of their medical advancements, thus making India the largest supplier of generic drugs worldwide. In addition, the country homes one of the largest group of scientists and engineers who dwell the capability to steer the medicinal industry in the near future.

Amidst all this advancement in the pharma sector, mutual fund companies have gathered a new venture for expanding their product line. Many fund houses have initiated sector-based investing primarily pinning on the pharma sector, thus sharing the success of the industry with the investors. Online marketing and investment facility have further accelerated investments in the pharma driven mutual funds, thus making it one of the most likable option in investment.

Rising Online Investing in India

MySIPonline – North India’s leading online investment brand – provides top investment products and an easy online pathway to invest in them. Though just a few years old, the company has taken an enormous lift and has become the favourite spot for mutual fund shopping in India. The fund experts and reviewers heading MySIPonline are known for unbiased opinions on market and its periphery, and have helped thousands of people realise their financial goals. Let’s check their view on the pharma industry in India, and what it holds for the investors in future.

The Reality of India’s Pharma Industry

As discussed above, Indian pharma brands are topping the charts worldwide in exports of various medicinal goods, be it bulk drugs, intermediary supplies, surgical equipment or sundries. In the year 2017, the Indian pharma industry was valued at more than $30 billion, with an expected rise of 22% by the year 2020. Further, the turnover in the domestic market grew by 9.4% like clockwork from a value of $17.87 billion in 2017 to $18.12 billion in 2018. This figure is expected to rise to a whopping $100 billion by 2025, given the fast pace technological advancements and friendly market conditions.

Acceleration in Subscription of Pharma Mutual Funds

With an epic rise in the pharma industry, there has been a substantiate growth in the number of subscribers of pharma mutual funds. Statistics suggest that investors today prefer at least one sector based fund in their portfolio, which mostly pertains to the pharma sector only. As a result of the surge in the pharma industry, the mutual funds in this sector have also showcased outstanding performance in the last five year. Report say that the top performing pharms sector mutual funds have yielded returns as high as 14%, thus becoming one of the most promising investment sectors in India.

The Word of Caution 

Though pharma sector is a high paying industry, the scenario is not always a very profitable one. Like any other industry, pharma sector too is sensitive to government policies which tend to change according to the global market scenarios and current domestic condition. Hence, it is recommended that you should step forward to make an investment in this sector only after taking due information, and shall select funds that match your investing profile. If you are sceptical about your profile or are apprehensive about your fund choices, then taking the assistance of MySIPonline’s support team is highly recommended. Besides getting free advices on making the best portfolio plan, MySIPonline provides free online portal to submit your funds into various avenues.

So, what are you waiting for? Join the league of successful investors today! Pick your phone and dial MySIPonline, now! 

All the Best Schemes of IDFC Mutual Fund You Need to Know About

IDFC Mutual Fund is a prominent mutual fund asset management company in India which was established in the year 2000. Since then, it has provided an innovative solution to the investors by launching various schemes in different categories. It has AUM of nearly Rs 65,000 crore which is constantly increasing as the AMC has gained the trust of the investors over the years. The experts at MySIPonline have prepared a list of the best-performing schemes. The following schemes of IDFC Mutual Fund have been the most impressive in recent years and can be chosen for new investment as well.

IDFC Bond Fund - Income Plan

This is a medium to long duration debt scheme which is among the top performers in the category. It has delivered better returns than peers and index many times in the past. It invests in the securities with a medium as well as long term maturity but due the recent rate cuts by RBI, the securities with long term maturity have been highly chosen. The average maturity tenure of the securities chosen is 8.29 years while the yield to maturity is 8.12%. The fund is an ideal choice for investors who seek to invest in fixed income securities for more than 3 years.

IDFC Low Duration Fund 

It falls in the category of low duration fund which can be used as an investment platform for short term savings. The fund invests in the securities which have maturity tenure of 6 to 12 months. The maturity tenure of the securities cannot exceed the set limits. It has delivered much better returns than the peers and benchmark. IDFC Low Duration Fund can also be used as an alternative to bank deposits for the short term. Investors can expect 8% annual returns under normal conditions.

IDFC Banking & PSU Debt Fund 

It is a consistent fund that can only invest in the bonds and debentures of the companies which have their business in the banking and financial sector. It selects securities with high credit ratings but the rate sensitivity is also high as the interest rates can be changed. The fund invests in securities with medium-term maturity with an average tenure of 3.6 years. It has generated 8.7% returns in the last one year. The fund is suitable for conservative investors who want to invest in banking securities.

IDFC Tax Advantage Fund 

It is an ELSS fund which invests 100% of the corpus in equity instruments to allow the investors to earn long term gains along with tax benefits. It can reduce tax liability by Rs 46,800 every financial year. The fund possesses high risk as nearly 50% of the investment is done in the high-risk stocks which can deliver high returns in the long term. The long term gains of the fund are better than the benchmark and category average. The fund has a lock-in period of 3 years but investments must be done for more than 5 years for better returns.

The above-mentioned schemes are the top performers in the current market conditions and can be chosen according to the suitability of the investors. To know which scheme can be most suitable for you, connect with the experts at MySIPonline. Download our official app for the Android and IOS devices from the link below.

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Reliance Retirement Fund- Tax-Efficient Retirement Planning for a Better Future

Reliance Mutual Fund came up with Reliance Retirement Fund in 2015 to assist the retirees in the most efficient manner. The fund is divided into 2 parts namely wealth creation plan and income generation plan. Reliance Retirement Fund - Wealth Creation Plan follows a multi-cap investment strategy by selecting stocks throughout the top 500 stocks on the Indian stock exchange. The investments made in this scheme gets automatically transferred to the income generation plan when the investors reach the age of retirement. Another attraction of the scheme is that it comes under the umbrella of Section 80C and can reduce the tax liability by up to Rs 46,800*. Read to get more details of the fund as the experts at MySIPonline have provided details of the scheme to assist the investors.

Salient Features of Reliance Retirement Fund

1. The wealth creation plan of Reliance Retirement Fund is an equity oriented scheme and invests predominantly in large-cap stocks with minor allocation in small and mid-cap stocks. 
2. The Income Generation Plan is a debt oriented hybrid scheme which aims for conservative growth of the accumulated capital. 
3. Switching between both the scheme can be done manually or automatically and is free of cost.
4. It has a lock-in period of 5 years but switching can be done during this tenure. 
5. Various facilities regarding investment are available like auto transfer facility, step up SIP, and SWP option for periodic withdrawal. 
6. The fund aims to grab the power of compounding through equity tools to gain more capital for the post-retirement era. 
7. It is one of the rare funds who aim specifically for retirement planning while reducing the tax liability. 

Investment Strategy

The investments for the fund are handled by Ms Sohini Andani who also manages many other top performing schemes at Reliance Mutual Fund. She uses the fundamental top-down investment strategy to select the quality stocks and invests in growth-oriented style. The stocks are selected with a long term perspective to assist the retirees. Reliance Retirement Fund - Wealth Creation has a low-risk portfolio and is suitable for investors with moderate risk appetite.

Why to Choose?

Retirement planning is the most important concern of one’s lifestyle and the majority of the individuals are dependent on some of the other source for financial assistance after retirement. Most of the retirement planning platforms provide much lesser returns and also incurs unwanted tax implications. Reliance Retirement Fund - Wealth Creation provides much better gains than any other traditional retirement planning tools like PPF, EPF, etc. It is a recently launched fund which is yet to complete 5 years but can be trusted for important goals like retirement planning.

The fund has a low-risk portfolio hence the risk is moderately low for an equity scheme. Investors should start investing in this scheme at an early stage to enjoy the benefit of compounding. Investors must check their suitability before investing as the fund has a lock-in period of 5 years and charges exit load of 1% until the investor turns to the age of 60 or retires, whichever first. To start investing today, connect our financial experts for suggestions and download our android and IOS app to become a successful investor today.

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How & When to Choose Kotak Equity Savings Fund?

Equity Savings Fund is the category which invests in a mix of equity, debt, and arbitrage instruments. However, it maintains a minimum exposure of up to 65% (it contains arbitrage portion as well) to be called as equity fund by the definition of SEBI and the rest is invested in debt securities. Kotak Equity Savings Fund was launched on 13th Oct 2014, after SEBI’s categorization norms to define taxation in debt fund. So, following the significant exposure, the investment in this scheme is categorized according to equity taxation norms. Here are points mentioning how and when to choose Kotak Equity Savings Fund G.

Long-term Goals:

As the scheme maintains significant exposure to equity instruments, it is better to hold on this scheme for long-term goals. Further, the AMC also recommends the investors to stay with Kotak Equity Savings Fund growth for more than a year and exempt from the exit load of approximately 1%. So, if you are planning for a goal of 5-years and more, you can choose this scheme and gain over a period with equity taxation benefits.

Asset Allocation

The portfolio of Kotak Equity Savings Fund G NAV consists of around 26.94% assets in equity instruments, 22.36% in debt instruments, and 49.93% in cash equivalent to use for arbitrage opportunities. Apart from this, the fund manager of the scheme has the freedom to change allocation in case arbitrage opportunities are unavailable or debt returns are more attracting than the equity. So, by maintaining a portfolio with lower risk and stable returns, this scheme is good for investors who have moderate risk appetite and want to invest in equity instruments. Choose this scheme when you want to maintain a diversified portfolio and attain equity taxation benefits on the capital gain.

Investment Objective:

For the investors who want to invest in debt instruments with low to moderate risk-appetite and want to get the advantage of equity savings, Kotak Equity Savings Fund is the best choice to get moderate returns over a long-term horizon.

How to Invest?

• To start investing in Kotak Equity Savings Fund G easily, you are required to register first at MySIPonline. When you are done with the registration process, you will get a mail mentioning your ID and password. 
• In the next step, you have to complete your profile with the required information. You are also required to provide your personal and bank account detail and wait for KYC approval. 
• When you are done with the primary procedure, you will get a separate account at our portal to start investing. By selecting the Kotak Equity Savings Fund growth scheme in the portfolio, you can invest so easily. 
• Further, you can check the performance of the scheme from your account itself. 
• Depending on the market conditions, you will also get updates as well. 

From the above-mentioned points, you can invest in Kotak Equity Savings Fund after deciding the relevancy of the scheme for your portfolio. For more information about this scheme, you can visit our website and contact the experts as well. 

Like Investing in Axis Mutual Fund with MySIPonline? It's Time to Share

When you started investing in a mutual fund, you might have taken advice from your friend, relative, and adviser to get relevant information about getting started. Like we, at MySIPonline, guided you to make your investment grow without charging anything, now it is time to pay off by just sharing your experience with your friends. As our experts help you in finalising the relevant schemes under Axis Mutual Funds, they can help your close ones as well in getting the best possible solution. With the same thought, in favour of us, please share the app and website to your dear ones. You are not required to say anything exorbitantly as sharing what you get here by investing in Axis Mutual Fund online is enough to help us grow.

Share What You Get at MySIPonline 

It is a well established mutual fund service provider which offers a range of investment options under a roof. Like you invested in Axis MF, there are 21 others AMCs as well with variegated schemes. As you have experienced our services and investing process, you can easily tell about it to your friends and family. You can also explain how easily they can start investing after registering and completing profile successfully. Further, as we promise, the investors are not required to pay a single penny, you can also share this to make them aware of what they will get here than others.

Explain the Reason of Investing 

Axis Mutual Fund is one of the leading brands in India when it comes to mutual fund investing. As you may have explored our website, there is a range of schemes provided under equity, debt, and hybrid category. You can explain to them how you have finalised Axis Mutual Funds for your portfolio and how our relationship manager helped you in analysing your risk-appetite, investment objective, and expected returns for a particular time horizon. This genuine approach of sharing not only help us in extending our reach but also help you in building a strong relationship with your relatives and friends because our prime objective is trust and we take it more seriously for professional conduct.

Share You Like the Best 

You can also share our features and tool which had benefited you in making investing easy in Axis MF. It may be possible that you have not explored the tools fully, then you can share what you like about app and services. You can also share your experience with our support team who is always ready to help you out in and out. If you are impressed by our articles and blog section, you can also mention this to them. So, share what you liked the most by investing in Axis Mutual Fund through the portal.

Tell How It Benefited You

When you share your experience, most people will pay attention on how it has helped you in generating stable returns, and then you can also explain about portfolio suggestion, recommended fund option, and experience of investing with us.

So, Axis Mutual Fund online is a good option to get started with the mutual fund, and it will be added benefit if you are choosing our investment platform. Moreover, thank you for being connected with us and trusting our portal. Now, it is our turn to show the same trust to whom you are sharing the experience and recommending this portal. 

How to Invest in SBI Credit Risk Fund and Reduce Risk in the Portfolio?

SBI Credit Risk Fund was launched on 14th July 2004 with an investment objective to invest predominantly in corporate bonds which are rated AA and below and maintain moderate liquidity with money market instruments for giving an option to utilise opportunities of bonds. The portfolio of the scheme is handled by Mr Lokesh Mallya and Ms Mansi Sajeja since Feb 2017. Since inception, this scheme has produced around 7.58% annualised returns and always generated positive returns. Apart from this, considering year on year returns, it has always outperformed the benchmark till now.

In last 3, 5, 7, and 10-years, it has produced around 7.88%, 8.75%, 9.08%, and 8.34% respectively. Considering performance, you can invest in this scheme for a short to long term duration.

Follow the Steps to Start Investment at MySIPonline

Register

It is an independent mutual fund platform to provide various mutual fund services to investors in order to fulfil their investment needs regardless of the financial status. The investors will get all types of schemes based on their investment objective, risk-appetite and time horizon here. All you need to do to start investing is register at us. You don't worry about the charges as it is free of cost and a one-time process. After registering, you are asked to complete your profile where you have to provide some personal detailing to maintain a profile with different AMCs. So, to start investing in SBI Credit Risk Fund G, first, you have to register at our portal.

Complete KYC Verification

KYC is also a compulsory process where you have to provide the details to verify your IDs. If you are planning to invest in schemes provided by different AMCs, no worries as it will be valid for both to start investing. So, after completing KYC compliance, you are free to choose SBI Credit Risk Fund growth along with different mutual funds for your portfolio, depending on your decision.

Add the Scheme 

Finally, you have to add the SBI Credit Risk Fund to your portfolio. After adding the scheme and successfully completing the investing process, you get access to your investment account where you can check performance, redeem and do additional purchase as well. Apart from this, based on the market conditions, you will also get updates regarding your investment.

How to Reduce Risk in the Portfolio?

By analysing the past performance of the SBI Credit Risk Fund, it is clear that this scheme has a stable portfolio with low to moderate risk only. With significant exposure to debt instruments, the overall risk is already reduced, but below AA rated bonds in the portfolio may insist you to apply risk mitigation tactics. So, the first thing to get adequate returns from this scheme is to stay invested for a short to long term and do not redeem in a very short term duration. Further, you can choose SIP mode of investment as well to feel confident with your investment.

By following the above-mentioned process of investment and suggestion to stay invested for a particular period, you can get stable and safe returns from this scheme. MySIPonline also provides some free tool to assist the investors in getting out of tough calculations such as SIP calculator and tax calculator.

Why ABSL Equity Fund is in High Demand in the Market?

The craze of mutual fund investing is raging these days. Thousands of new aspirants are making their way to the industry in the hope of earning better returns and accomplishing their objectives. With the increase in the investor traffic, many new schemes have been popping up in the market.

This surge in the options, however, has created a confusion amongst the investors over choosing the funds for their portfolio. They tend to be apprehensive about their choices, and hesitate moving further with their plan. But, if they chose to invest in Aditya Birla Sunlife Equity Fund, they might be saved from the trouble of getting stuck in the middle of their plan.

The Fund Analysis

Aditya Birla Sun Life Equity Fund (G) is an equity-oriented multicap fund. Started way back in 1998, the fund is amongst the top multicap funds to invest in India. It competes against the benchmark S&P BSE 200 TRI, and has overpowered it in the terms of performance.

ABSL Equity Fund has been known to produce good returns at moderate exposure. As a result, it has been able to draw large traffic of investors, and accumulate a colossal wealth that amounts to Rs. 10,148 crore as recorded on 31st December, 2018.

The Objective 

Though equity driven, Aditya Birla Sunlife Equity Fund – Regular Plan (G) also shares a part in debt and money market instruments. Almost 96% of the assets of the fund are placed in equity and related instrument, while the balance is debt and money market instruments. Further, the fund adopts top-down and bottom-up approach of investments, whereby a decent amount of assets is placed in IPOs, emerging sectors and other potential market areas.

The Key Features   

In order to be sure about the durability of your plan, it is important to know the funds from inside out. MySIPonline – North India’s best online investment portal – has been assisting investors for years in making top mutual fund plans. It analyses all the top performing funds, and conveys an unbiased opinion on the fund.

As a part of its educational programme, MySIPonline has sketched a detailed analysis of Aditya Birla Sun Life Equity Fund (Growth) describing its features as follows: -

• Superb Results in the PastABSL Equity Fund has been a star performer in the multicap category. Through its impeccable performance, it has stayed ahead of the league and have set a new standard of performance. In the last five years alone, the fund yielded 18.66% returns, while the yield to date remains at 23.09%.
• Excellent Portfolio Management The fund management is the key for the survival and growth of a fund. And Aditya Birla Sunlife Equity Fund is blessed with some of the best brains in the fund management regime. They analyse the fund’s performance in tandem with the market, make necessary adjustments, and ensure that the growth remains steady and doesn’t face any glitches, whatsoever. 
• Careful Analysis of StocksBesides handling the performance, the fund managers are keen about the stock-picking process. They choose only those options that belong to high end companies, and are capable of yielding handsome rewards in the future. 
• Affordable Investment OptionInvesting in Aditya Birla Equity Fund doesn’t burn a big hole in your pocket. If you chose an SIP plan, then you can commence your investment right away at just Rs. 100.

Though getting desired results in the money market is a bit difficult, choosing the best funds like ABSL Equity Fund for your portfolio simplifies the process. And, with the help of MySIPonline, things can get much easier.  

How to Start Investment in HDFC Top 100 Fund with Rs 500?

HDFC Top 100 Fund is a large-cap focused equity scheme which invests approximately 99% assets in equity. As the scheme invests majorly in large-cap stocks, it brings stability and growth in the portfolio. The investors can generate risk-adjusted returns from this scheme over a long-term horizon as mentioned in the investment objective. Under the leadership of Prashant Jain since 2002, this scheme has maintained consistent performance and sustained the unfavourable markets as well. If you have Rs 500 to invest in mutual fund per month, then here are the points explaining why it is a suitable scheme to invest in.

Minimum SIP Amount

When you start investing in any mutual fund, the minimum investment amount is necessary. Every mutual fund has a limit to initiate investment either through SIP or lump sum mode of investment. When we look at the minimum amount to start an investment with HDFC Top 100 Fund, it is Rs 500 for SIP and Rs 5,000 for lump sum. From the minimum SIP amount, it is clear that you can easily start investing in this scheme. Apart from this, it is also the better approach than lump sum mode of investment to reduce the risk to lose the invested amount as SIP has the power to sustain volatility and provide risk-adjusted returns along with rupee-cost averaging and compounding benefits.

Time Horizon

If you are thinking to invest in HDFC TOP 100 Fund G for a short-term horizon, it is better to skip the investment in this scheme because the fund manager invests in equity securities to generate stable returns for a long-term horizon. So, if you are ready to invest in this scheme for a long-term horizon (5-years and more), it is a suitable scheme for your portfolio.

Expected Returns

Since inception, HDFC TOP 100 Fund growth has produced 19.84% annualized returns (as on 16th Jan 2019). Considering last 5, 7 and 10-years performance, it has generated around 14.94%, 14.42% and 18.18% annualised returns and outperformed both the benchmark and category’s average. Analysing the past performance and portfolio, you can expect higher returns from the scheme for a long-term horizon. With investment in this scheme, it is sure that your returns will be adequate to beat the returns generated from FD and savings bank deposits over time.

Zero Service Cost with MySIPonline

MySIPonline is an online mutual fund investment platform where you can get all the information about 22 AMCs and the schemes offered by them. You will also get top recommended fund list, tax calculator, SIP calculator, and free portfolio suggestions to choose the scheme. Amazingly, all the services offered by this platform is totally free. For starting investment in the mutual fund, you only have to register and complete the profile with us. After registering and completing the profile, you can consult with our experts and discuss your investment goal, risk-appetite, and expected rate of returns to get most suitable suggestions.

With MySIPonline, you can invest in HDFC Top 100 Fund with a minimum of Rs 500 through SIP and get relevant suggestions regarding your portfolio from time to time to make necessary changes. Still, if you have any doubt, you can contact our experts to get the most relevant solution for your investment problem. 

Invest in Franklin Mutual Fund with 6-Follow-Ups to Ride out Volatility

With an aim to never settle, Franklin Templeton Mutual Fund is confident to deliver continuous output for investors by focusing on ambition. Whatever is the objective of the investment, the investors will get relevant solutions as this AMC has a global investment experience of 70-years to match with their investment goals. It survived all the ups, downs, and different market conditions throughout the tenure and was able to sustain all sorts of market volatility. This AMC has earned the respect and trust not only from Indian investors but from the global investors as well. Having branches across 25 countries in the world and more than 600 fund management professionals, it follows a unique investment approach and concentrates on the global securities to fulfil the investment criterion by going beyond the most visible securities. Here are the follow-ups to survive the market volatility with Franklin Templeton Mutual Funds.

Do Not Watch the Sidelines

It is the general approach of investors to wait for the market to settle down when it becomes volatile. Fearing from the losses, they keep their money in cash or idle for a period of time and wait for the right time to invest. Like spotting the decline, predicting the upward trend is also difficult, and in this phase, sometimes they miss the opportunities as well. So, if you are sure to invest in Franklin Templeton MF, instead of waiting for the right time, start investing now based on your investment objective and risk-appetite.

Follow Systematic Investing 

Investing in Franklin MF with SIP will help the investors in reducing anxiety about the market volatility. With time, rupee-cost averaging and compounding benefits will work like wonder in improving the worth of investment over a long-term horizon. When the market becomes down, the investors purchase more units and vice-versa to overcome the effects of the market volatility for investors.

Re-Examine the Portfolio

If you have invested in some schemes of Franklin Mutual Fund 3-years ago, it is required to re-examine the diversified portfolio to check-out relevancy in present market trends. As no mutual fund can perform similarly for lifetime, adjusting the schemes according to the investment needs and performance is a necessary follow-up. MySIPonline always provides the best suggestion when the market becomes volatile to investors based on their goals and risk tolerance time to time.

Ignore Yesterday’s Winner

During the market volatility, many investors become confused and invest in the mutual funds which have been winners for a short-term. Whatever scheme you are investing in, make sure that you match your investment goal and risk-appetite first before starting to invest.

Equity Takes Time

Some investors redeem from equity funds when the market becomes volatile. They are required to understand that equity investment takes time to generate favourable returns and analysing them based on the short-term performance is not the right way to get adequate returns. So, if you are also investing in some equity schemes of Franklin Templeton Mutual Fund, it will be better to stay invested for a long-term and avoid any kind of short-term under-performance.

Doubt Your Doubt

Every investor knows the basic rules of investing that is to create wealth, they have to stay invested for a long-term and maintain a diversified portfolio. But, when the market becomes volatile, they start doubting their beliefs and believing in their doubts. Confusing between the crisscross, they withdraw from the Franklin Mutual Fund. So, the investors are advised to stay invested in the scheme and doubt their doubts instead of beliefs.

Following the points as mentioned earlier, investors can easily sustain the market volatility and stay invested with Franklin Templeton Mutual Fund. You can also get the top recommended mutual fund list by visiting our website for maintaining a diversified portfolio. 

Why Is SBI Magnum Low Duration Fund Best Scheme of its Category?

Everyone wants to invest in the best mutual fund schemes. In fact, many of us always keep searching for the best funds of various categories, so that our portfolio grows. So today, the experts of MySIPonline have brought you a fund which is best in low duration mutual fund category, namely SBI Magnum Low Duration Fund. The fund has constantly given good returns and is ideal for short-term investors. Let’s see why we are recommending this fund starting with its basic details.

Outperforming Returns

SBI Magnum Low Duration has delivered outstanding returns all these years. It has always managed to beat the benchmark as well as the category average in its calendar year returns. Besides this, in the past year, the fund has delivered the returns of 7.56% which is higher both than its index and peers. So, investors who want to invest in the fund can expect high returns with moderate risk from it.

High Rated Portfolio

SBI Magnum Low Duration Fund- Growth Plan is investing in 65 securities currently. These instruments are of high credit risk and low-interest rate sensitive. The average rating of its portfolio is AAA, which can yield approximately 8.34% of returns at their maturity. The average maturity of the fund is 0.57 years so that investors can get good returns with the least risk in its portfolio. Most of its instruments are debentures, commercial papers, and bonds. These have a maturity between 6 to 12 months.

Experienced Fund Management

Mr Rajeev Radhakrishnan manages SBI Magnum Low Duration Growth Fund since 2008. He selects the best instruments from the entire range of debt and money market securities in line with the investment objective to provide attractive risk-adjusted returns to its investors. He actively manages the credit risk and interest rate risk of the portfolio to deliver exceptional performances.

Who Should Invest?

SBI Magnum Low Duration Fund- Regular Plan provides investors with an opportunity to generate returns by investing in debt and money market instruments in such a manner that the Macaulay duration of the portfolio is between 6 months and 12 months. So, investors who have a moderately low-risk appetite and 6 to 12 months of the investment horizon.

Investors who want to invest in growth and dividend options of SBI Magnum Low Duration Fund start it off just by registering themselves at MySIPonline. If you face any issue in investing or registering, you can connect us via call or email. You can also post your queries regarding the fund and mutual fund investments here, and our financial experts will reach you soon.

How and Why to Start Saving for Retirement with Reliance Retirement Fund Now?

Your first paycheck may be meant for buying that shoes or dress which you were looking from months, or endless parties on the weekend as well as getting as many pictures for perfect #OOTD for Instagram. No one thinks of saving it or investing it for the retirement purpose this early, right? We hate to kill your buzz, but most of our experts say that everyone should think about it. Because the time is by your side and retirement planning is that thing that you should do ASAP. Guess what, if you plan your retirement now with the Wealth Creation Plan of Reliance Retirement Fund, you can make all your forlorn dreams into reality.

To be financially secure and pursue dreams at the same time, you need to start saving early. We all know that adulting is hard, but here MySIPonline has bought you a few tips that help you to live the best life sooner than you think.

How to Save?

We always focus on investment through SIP mode. It has one of the biggest plus points which investors need not to time the market. Hence, investing recurrently will make sure that you are fully invested at various highs and lows and this will make the most of the opportunity that is hard to predict in advance. SIP investment offers the advantage of compounding, which Albert Einstein called the 8th wonder of the world. It’s because with every passing month of investment the interest will generate and also accumulate earnings from the previous interest.

So, if you invest the amount of Rs 5,000 every month for 25 years in Reliance Retirement Fund and expect the interest of 15%, you will have Rs. 1.65 Crore at the end. And if you step up the SIPs by 10% every year, you can take the amount of Rs 2.56 Crore to your home at the end of 25 years.

Why Reliance Retirement Fund?

The fund which has been meant explicitly for generating retirement corpus offers two investment portfolios to investors. It has wealth creation and income generation plans, where the former invest 80% of its corpus in equities while the later invest its 80% of its corpus in debt plans. The best part about these two is that investors can choose to transfer from one plan to another at any time of investment under the auto transfer facility.

Reliance Retirement Fund is an open-ended scheme, with a lock-in period of 5 years or till retirement age, whichever is earlier. So, investors who redeem their units before attaining the age of 60 (retirement age), they have exit load of 15%. This policy has been adopted by the fund to make investors stay invested in the long run. Besides this, the fund also offers deduction to investors under Section 80C of the Income Tax Act, 1961, up to Rs 1.50 Lakh.

So, if you are investing in Reliance Retirement Fund- Wealth Creation Plan, remember that slow and steady wins the race. You will reach your goals if you invest small amount regularly but stay invested for a long run. For investing in the fund, register yourself at MySIPonline. If you face any issue in investing, you can connect with our experts via call or email. You can also post any of your query related to the regular plan of the fund here, and our support team will reach you soon.