Best Tax Saver/ELSS Mutual Funds in India | Best Mutual Fund 2024
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- čas přidán 8. 07. 2024
- Welcome to the 3rd video about the best mutual funds in India for 2024.
We've identified the top-performing mutual funds in India for 2024, specifically in the Tax-Saver category.
Investing in mutual funds can be tricky, especially if you're just starting out. In this video, we'll highlight the top mutual fund for SIP.
So, if you're looking for the absolute best and top-performing mutual fund to put your money in, this video will help you find the perfect one for you.
Timeline of Mutual Funds videos -
1st December - Small Cap Fund
5th December - Q&A
8th December - Mutual Funds for various use cases
00:00 - Introduction
01:13 - Why you should invest in Tax Saving Funds
02:59 - How did we choose the Best Tax Saving Funds?
05:41 - Why you should check the expense ratio
06:55 - Our choice among Tax Saving funds
08:42 - Our 2nd choice among Tax Saving funds
09:36 - Conclusion
Best Tax-Saving Mutual Funds 2024 Report - bit.ly/4199uNB
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#mutualfunds #taxsaving
Loved this new way of presentation for general people ❤❤
Bhai, very much clear, specific to contents.... Saved time of others who doesn't need ELSS saving.... Awesome video....!!!!
Hi Pranjal
There are now funds that track the Large and Midcap Index under the ELSS category. Since these funds track the index, their expense ratio is less than almost all of the actively managed funds. Will a lower expense ratio give an advantage in this case?
अच्छी जानकारी दिए हैं सर आप बहुत ही डिटेल जानकारी देते हैं 🎉🎉
Hello Pranjal,
I wanted to express my appreciation for the clarity and effectiveness of the videos in the series - your efforts are truly commendable. I do have a few queries and would greatly appreciate your insights:
1. Could you elaborate on the types of mutual funds that are eligible for lump-sum investment as opposed to systematic investment plans (SIP)?
2. What is the minimum tenure one should consider when planning to invest in mutual funds?
3. If I plan to invest Rs. 5,000 - 8,000 monthly through SIP, could you provide guidance on the allocation among Large Cap, Flexi Cap, and Small Cap funds?
I value your expertise and would be grateful for your positive responses to the above questions.
Very clear and crisp video 😍✨
Top Level Information....,.. very nice,....... मेहेनत कि है भाई......Good 👌👌
Great mutual fund video series ❤
Very Very Thank you so much, Guru ji
Thank you brother for valuable content..
Eagerly waiting for small cap funds video..😄
Thank you sir for the efforts
Always highlights important points 👌
Thanks Mr Pranjal for making such a useful video, I am going to select Mirae ELLS fund and PP ELSS Fund
Very good Analysis Bhai..thank you so much for saving my time for investment 💖
My favourite Teacher ❤
Thank you so much...Wanted to know your suggestion regarding Midcap Nifty 150 TRI index as around 75 percent of active mid cap fund and active small cap fund failed to beat this midcap index.
Thank for guiding us
Thanks sir for the video, excellently explain all corners, please last 2 videos k niche Maine questions likhe hai unka answer, mutual funds ki questions answers Vali series' me Dena... Thanks
Few Queries from a long time follower:
1) What should we do with Invesco India Contra Fund & Tata Digital India Fund?
2) Do let us know what to do if there is capital invested in a fund which you are not recommending now.
2.a) Should we stop SIP & shift that capital to a fund recommended in your list.
2.b) How to shift lumpsum at one go or slowly as market is at high valuation.
3) What should be the percentage allocation of the total capital among all the funds recommended across categories
Thanks in Advance.
You Rock 😄
Invesco india is still good
best series ever sir
Excellent Information 🙏
I invest mirae asset from last 2 year
HDFC sensex from last year and axis small cap from last year after watching your videos
I guess the axis small cap will win on tomorrow's list..😊
great! informative video...
Can you please enlighten between direct and IDCW plan...but In my portfolio I got good returns in IDCW plan as compared to Direct. Should I consider this before selecting or direct plan is better in terms of long term investment. Please address in coming videos🙏
Hello sir, can we get an extra video about global funds 🤔🤔
Bro thanx a lot I’m holding both fund from last 1y ❤ both given dissent returns , u increased my confidence level 🙏
Amazing ❤❤❤
Hello pranjal,
Considering 1. new taxation rules for mutual fund; 2 dynamic % percentage investment in equity and debt; 3. SIP nature of investment in the mutual fund, Can you please explain the current taxation rules for balanced advantage funds?
Will be really helpful as taxation on these funds have become a messy affair?
Quant ELSS has performed way better than the suggested fund.
Please also make a video on top liquid funds of 2024 for emergency funds. Also nowadays FDs (Small Finance Bank 8.5%) are giving better returns than Liquid Funds so which one we should choose for emergency funds.
++ for this question
++
I Love you sir
Thanks for sharing
Should we continue investing in the same fund or restructure our portfolio?
Really appreciate you for highlighting the portfolio overlap of Parag Parakh Flexi Cap and Parag Parakh Tax Saver fund, which is usually not talked about much!
I'm already doing the Parag Parikh Flexi Cap Fund, though for just Rs.20k now. Which one can I choose for tax saver? fund?
@@SenthilKumar-gy5lhPranjal had already considered this scenario in the video. You may consider those funds, if they suit you.
@@KPS_04 Thank you 🙏
Thanks a guidance
Hi Pranjal
If both wife and husband are investing in mutual funds and both are earning, what portfolio should they have? Both should maintain the same sort of portfolio, or one should be conservative and the other should have a higher-risk portfolio. Please pick this question for the Q&A hour and address it on December 7th. This may help many people who have been following you for a long time.
Consider you two as separate individuals and invest with a goal. Goals may be aligned
Same question...please consider this one
Thank you so much. You guys are amazing
Thank you ❤
Could you clarify the criteria you use for selecting mutual funds? Additionally, what specific range or ratio within each parameter indicates a mutual fund's quality? I'm interested in understanding how you assess and determine a good mutual fund based on these factors.
Bc video dekh to le.
Sir I all ready invested with Miras assets tax saving fund thanks 👍
Great 👍
The way you explain the Parameters just brilliant, I would be really happy to get a personal plan from you
Make video on the best sector based mutual fund also...like infrastructure sector or Pharma sector
I invest in Mirae tax and Parag Tax saver funds for past 1 yr.
Very nice
Nice video Sir
Hello @Pranjal sir
Kya ELSS mutual fund EEE catagory me ate hay ya nehi??? Yafir withdrawal k time pe capital gain pe tax katega????
Plz reply your valuable comment.
Pls consider making a video on value mutual fund category
One video must on the best liquid/ultra short/low duration debt fund for emergency fund holdings❤ thanks Sir
put emergency fund in FD. period
Thank you
Very good
Your 2nd option i hold since 1 year
Thanku sir
Pls help with other options of flexi cap options which would be better apart from parag parikh
Recently, stocks and mutual funds have gained popularity among young investors, leading to a significant increase in the overall market. If this trend continues with more money flowing into the market in the next 20 to 25 years, what happens if the market declines when we need to cash out our investments? Will those who invested due to FOMO (fear of missing out) withdraw their funds in the next 8 to 10 years? Is this scenario beneficial or detrimental?
Sir can you please let me know how did you created that excel for filtering...
Hi, Can you advice us on SIP investments, detailed... Also please include SWP in it . Can we do SIP per day
Yeeee ! I have invested in both ! Pp tax saver n Mirae Tax saver too ! ❤
Why quant tax saver is not on top ?
Please make a video for global funds 😊
Thank you sir for giving great knowledge
आदरनीय प्रांजल नमस्कार
आप आम जनमानस तक वित्तीय प्रबंधन की इतनी अच्छी जानकारी दे रहे है यह सराहनीय है । मेरे कुछ प्रश्न है क्योकि मैं भी mf में बहुत नया हूँ हो सकता है आपके लिए ये प्रश्न बचकाने को किन्तु निवेदन रहेगा कि आप इनके जवाब अवश्य देंगे
1. सेक्टोरियल फण्ड में इन्वेस्ट करने चाहिए या नही , क्योकि अधिकतर सेक्टर फण्ड में कुछ 4 से 5 कंपनी में ही लगभग 40 से 50 प्रतिशत एलोकेशन होता है ।
2. बिना जानकारी के बैंक से sip स्टार्ट कर दिए उन्होंने रेगुलर में कर दिया अब जानकारी लगी कि डायरेक्ट में करना चाहिए तो क्या शिफ्ट करे लेकिन रेगुलर के return भी बहुत अच्छे है ।
3. Small cap फण्ड में 15 से 20 साल के लिए किया गया इन्वेस्टमेंट कैसा रहेगा ।
4. क्षमा चाहूंगा किन्तु मैं बिल्कुल नया नवाड़ी हूँ ये mf के क्षेत्र में इसलिए ये बचकाने प्रश्न है
Should we consider investing in an ELSS Index Fund like NAVI ELSS tax saver Nifty 50 index fund over a traditional ELSS Fund for potential tax advantages and exposure to index performance?
A really good video, was waiting for it as I had to make my this year's investments. But But last year Axis Long Term ELSS bhi that...uska koi mention nhi kara and you went with only two funds. Otherwise great video and yes you are consistent.
I agree with you
Any recommendations for sectoral funds like which sector will be booming this year and which is bestMF
Please make a video on best way to park money for emergency fund.
Very nice sir
What should we do with the old holdings which are rejected?
Thanks sir
If I want to take benifit of ELSS as well and also want to invest in Index MF too, shouldn't I just go with 360 ONE tax saving index mutual fund?
Thanks sir ❤❤❤🎉🎉😊😊😊
Sir, can you please tell us about Index ELSS over these 2?
is tax-saving fund good for beginner for investment? if yes, how much investment we can do in this fund to enjoy the tax benefits?
Thanks
Hi Sir,
I have some loans, should i go for elss category ? are loan interest also helps in tax rebate?
Is it good to substitute Flexi cap fund for ELSS funds?
sir ....plz make video on NPS fund selection
Hi Pranjal Sir, Please discuss about Aditya Birla Sun Life Transportation and Logistics Fund.
Kuch sectoral, ya foreign fund bhi boliye......kuch naya bhi hona chaiye.....
Hello Pranjal Sir,
Mirae asset tax saver fund is underperforming from last 3 years. Fund returns are less than category average. Please advise on this.
Pls create a video on investing in FD of small finance banks in India 🙏🙏🙏🙏
Hi, I want advice about Axis flexi cap-growth , Canara robeco emerging equities growth and icici fmcg.....Should I continue with these? It's xirr are below 12....Please guide
I invested in quant elss money doubled in 3 years recently. Sponsored MF u suggested
Respect to your Hard and smart work.
Bhai, I am still in Mirae Elss since last 4 years. And I am very happy with this fund. I stopped my Axis long term Elss due to poor returns and diverted in this.😊😊
Did u direct investment or regular?
Are the Returns Mentioned in the Video CAGR or Combined Rise over 3 Years
Hi,
Could you please make a video on momentum mutual funds?
Please compare Mid cap fund for long term investment (10+ Yrs)
Can you please explain the contra fund as well?
kindly guide regarding .... lump sum some calculation
So far 3/3
HDFC Sensex
Parag Parikh Flexi Cap
Mirae Asset Tax Saver
I have Quant in Smallcap, hoping to make it 4/4 😅
Axis Small cap 4th
Qunat shayed top 4 mai bhi na ho
Lol smallcap is already at its peak...no new recommendations this year
@@carlpei6570 Yeah but since his recommendation 2 years back, I also have MA FANG+ FoF so it did 4/4 for me eventually
Sir, please make one video also on Best MIDCAP Fund category....🙏🙏🙏🙏🙏
You don't accept HDFC cards or netbanking on your Finology website - please fix it
Based on your recommendation, invested 50k each in all three - Kotak ELSS Tax Saver, Mirae Asset ELSS Tax Saver and Parag Parikh ELSS Tax Saver - which completes my yearly quota of 80C saving.
Which one gives highest return
Sir I've a doubt
When we book profit from elss fund the money that comes in does that come tax exempted or do they deduct the tax & then we have to file the same in ITR
Respected Sir, my one question is that why you never recommend any Quant fund ?
Any suggestion on sector fund for long term investment for high risk appetite investor?
Why Navi nifty 50 elss and iifl nifty 50 elss fund not there in list.
I actually do a sip in nifty 50 .
I was thinking why not to switch into nifty 50 elss fund so that I can invest in nifty 50 and take tax benefit as well.
Can you please put some light on this.
If some one has mirae asset emerging bluechip fund . Then we should go with kodak elss or else then we can keep both mirae asset funds without overlap. Thanks
@pranjalkamra sir apke kahne ke anusar hamne lagbhag 3 salo se usi mutual fund me paisa dala hai jo apne suggest kia hai lekin syad aap bhul rhe ki aaj se 3 salo pahle apne inveso india ka contra fund ke bare me bhi suggestions ki thi to hamara investment isme stay krta hai to kia ab hame ise hold karna chahiye ya phir exit kr dena chahiye please ane wale 5 December ki Q&A me mujhe bataye kia mujhe inveso india contra fund sale kr dena chahiye aur meara asset tax saver buy kr lena chahiye?