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Maxiom Wealth
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Which is the best mutual fund software in India?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

For investing in mutual funds, tracking your savings through direct plans, switching to direct plans, monitoring all funds in one… Read More »Which is the best mutual fund software in India?

How do I convert daily returns of mutual funds into anual returns?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

It would not make much sense to calculate daily returns in order to convert hem to annual returns. This is… Read More »How do I convert daily returns of mutual funds into anual returns?

What is the best mutual fund to invest Rs 75,000 for a period of 5 years?

  • by Ram Kalyan Medury
  • April 25, 2024March 19, 2026

Your choice of mutual funds should be driven by your financial goals. Your total portfolio should be a combination of… Read More »What is the best mutual fund to invest Rs 75,000 for a period of 5 years?

Can a government employee invest in mutual funds and stock markets? Is it legal?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

Yes it is absolutely legal to invest in mutual funds and stocks. If you don’t have much time to track… Read More »Can a government employee invest in mutual funds and stock markets? Is it legal?

All mutual fund gains accumulated through S.I.P. in the last 8 months have been washed out in a week. Should I be worried?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

Dont be worried if you are a long term investor. Keep SIPs continued if the funds you are investing in… Read More »All mutual fund gains accumulated through S.I.P. in the last 8 months have been washed out in a week. Should I be worried?

Are there any mutual funds in India which primarily invest in IPOs only?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

No there is no such mutual fund that invest exclusively in IPOs only. There are private equity funds which can… Read More »Are there any mutual funds in India which primarily invest in IPOs only?

Can I switch my SIP (HDFC Mid-Cap opportunity fund-growth) to ELSS or any other tax saving fund? I can see switch to different tax saving funds on the website, my confusion is that, if I convert my SIP to tax saving one, does it qualify for 80c?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

You can switch current holdings from the HDFC Midcap fund to the ELSS fund. The amount switched will be counted… Read More »Can I switch my SIP (HDFC Mid-Cap opportunity fund-growth) to ELSS or any other tax saving fund? I can see switch to different tax saving funds on the website, my confusion is that, if I convert my SIP to tax saving one, does it qualify for 80c?

What do we mean by rolling returns in mutual funds?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

Rolling returns are simply returns for a given period. A 10 year rolling return on a given date is the… Read More »What do we mean by rolling returns in mutual funds?

Which is better SIP or LIC?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

From an investment perspective: a good SIP makes money for you, likely in the double digit percentages over long a… Read More »Which is better SIP or LIC?

Is SBI blue chip mutual fund capital tax free?

  • by Ram Kalyan Medury
  • April 25, 2024March 2, 2026

If you make gains in any mutual fund or stock, then you are liable to pay capital gains tax. For… Read More »Is SBI blue chip mutual fund capital tax free?

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