Monday, September 15, 2014

Top 3 ELSS Mutual Funds In India


These days I receive many e mails from my followers about best ELSS in India.
In our Union budget 2014 Tax Rebate on 80 G is Raise from 1 lak to 1.5 lak per year so this is best time to invest 40,000 to 60,000 Annually in ELSS for tax rebate or long term equity benefits.
So in this article I tell you top 3 ELSS funds in India.

In my theory make a 1000-1000 rupees per month SIP in each of these ELSS for a wide divercified ELSS portfolio.
If You Follow my method of ELSS investing then:-
  • Your investment is diversified in  3 largest Indian ELSS , because If you read my book then you may knew that I always recommended mutual fund  scheme with largest corpus size.
  • All of my mutual fund holdings are in Dividend fund because In ELSS there are a 3 year lock in period for units but you may enjoy dividends from first year.
  • So when you invest in all of these 3 top equity linked saving schemes in India and each fund declare dividend once a year then you may enjoy 3 dividends per year in your lock in period.
So here are the list of top 3 ELSS funds 2014-2015
1.SBI Magnum Tax Gain Scheme (D):- This is my all time favorite ELSS, Because this fund is still largest corpus size in ELSS group and wide dividend paying history since last 10 year this fund pay 2.70 to 15 rupee per unit dividend (per year) So I will make a INR 1000  per month SIP in this fund for tax gain and tax free dividends+long term capital gain. 
2.HDFC Tax Saver (D):-This fund is second largest corpus size in ELSS group and wide dividend paying history since last 18 year this fund pay 2.00 to 8 rupee per unit dividend (per year) So I will make a INR1000 to 2000 per month SIP in this fund for tax gain and tax free dividends+long term capital gain. 
3.ICICI Prudential Tax Plan (D):- Third largest AUM and since last 11 year pay 1.2 Rupee to 5 rupee dividend per unit per year.
Choose dividend reinvestment instead of dividend payout for reason read this article:-
Which is best in dividend payout and dividend reinvestment?

Wednesday, September 3, 2014

Real Estate Investment Trusts (REITs) In India


What is REIT ( Define REIT)

REIT means Real Estate Investment Trusts, these trust works like a company which invest directly in land, house property, commercial property and other real estate.
The REIT was designed to provide a real estate investment fund just like a mutual funds. 
How REIT Work:-REIT is  like a mutual fund which invest in property and REIT unit holder get benefits like a partner of landholder
Difference in Mutual funds and REIT 
REIT funds provide direct investment in property Mutual funds provide for investment in stocks. 
Benefits of REIT funds. 
REITs are just like of mutual funds they collect money from investors and invest this money in property. If anyone want to invest in property then he/she require a higher amount but he/she can enjoy same benefits by buying REIT units in just INR 10 only. 
(REITs) In India. 
In union budget of 2014 Indian Government decided to start REIT in India.
This will attract foreign investment in Indian real estate sector and give a chance to every middle class Indian family to invest in property field.  This is the reason that why I am so bullish on realty sector stocks read my sharegenius blog or fundamental Indian stocks website for more details
The Securities and Exchange Board of India (SEBI) approved the setting up of real estate investment trusts (REITs), 
Indian REITs will be allowed to invest only in commercial properties.
SEBI  also approved allowing infrastructure investment trusts IIT (infrastructure investment trusts) is a REIT-like structure that would allow developers to monetize their infrastructure assets through  stock exchange listing. 
Top REITs in India:- Real Estate Investment Trusts not start in India yet they only get SEBI approval and may start in November 2014 to January 2015

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