Mutual Fund Q&A, ELSS, Dividends, Bharat 22 ETF, December 22, 2017
Date: 24-12-2017 Views: 868
We answer mutual fund queries on Bharat 22 ETF, balanced funds, dividend plans and investing lump sum in ELSS
Edited highlights
1:24 Aman Gupta wants to do SIP in Bharat 22 ETF but is not being able to do so online
1:32 Bharat 22 ETF like all ETFs like a share and you need to buy and sell them through a demat account
1:48 To get the same effect of regular investment, you need to buy it all by yourself regularly
2:06 In response to our video on hybrid funds, Rohit Mishra asks whether it is the same as balanced funds
2:21 Balanced funds are a category of hybrid funds
2:26 Hybrid funds have a mix of debt and equity investment
2:51 In case of balanced funds, 65% or more are invested in equities
3:05 As a result, you tend to get a higher return from equities in rising markets compared to a fund invested less in equities
3:14 Any fund with 65% or more equity investments is treated like an equity fund
3:29 This means that for an investment of more than 1 years, the capital gains is tax free and 15% short term capital gains tax for investments less than 1 year
4:17 Amit Belwal wants to know whether one should buy "dividend mutual funds" and whether they are useful
4:36 Mutual fund schemes have dividend and growth plans
4:41 Dividend plans provide you with the gains of your investment with regular dividend payments
4:57 You opt for dividend plans when you need regular income from the investment during the term of the investment
5:19 For long term goals such as retirement or child's higher education who don't need the money to come to you but need it to stay invested for further growth
5:57 In case of dividend yield fund, it is an equity fund with investments made high dividend yielding stocks. They are typically useful in declining markets
6:12 Since capital appreciation may not be much in such conditions, so the investors benefit from dividends
6:46 Padmakumar Patil wants to know why cancelled cheque is needed to invest in mutual funds
6:53 Cancelled cheque is needed to establish the bonafides of the bank account of the investors
7:26 Mukund Kulkarni wants to know how to invest a lump sum in ELSS and what are the funds we suggest?
7: 39 Use systematic transfer plan (STP) to invest lump sum in ELSS. It transfers money in liquid fund from where the money gets regularly invested in an ELSS of your choice
7:57 Among ELSS, we suggest Aditya Birla Tax Relief 96', Axis Long Term Equity Fund and Franklin India Taxshield
