What percentage of your money should you invest?
Table of Contents
What percentage of your money should you invest?
20%
Is SIP better or lump sum?
The answer to this question depends on the stock market conditions. During upward trends, the lump sum mode of mutual fund investment tends to give relatively higher returns whereas during falling markets, investments made via a SIP generally provides better returns than a lump sum investment.
Is it good to start SIP now?
Investors thinking of starting an SIP (Systematic Investment Plan) now would probably consider holding back. We all know that a market peak is never a good time to invest our lump sum money. But procrastinating of starting an SIP will always be a missed opportunity.
Which is better LIC or sip?
LIC, SIP and mutual funds – the bottom line Advise them to, first, aim for financial security by investing in a life insurance plan and then they can plan their investments. If, however, they want to invest in mutual funds, SIPs are the best way to go about it.
Where should I invest money for a good return?
Here is a look at the top 10 investment avenues Indians look at while saving for their financial goals.
- Direct equity.
- Equity mutual funds.
- Debt mutual funds.
- National Pension System (NPS)
- Public Provident Fund (PPF)
- Bank fixed deposit (FD)
- Senior Citizens’ Saving Scheme (SCSS)
- Pradhan Mantri Vaya Vandana Yojana (PMVVY)
Which SIP plan is best?
Top SIP Mutual Funds in India
| SIP Plans | Type | 3 Year |
|---|---|---|
| Reliance Liquid-Treasury Plan(G) | Debt Fund | 6.82% |
| SBI Bluechip Fund | Equity Fund | -3.94% |
| SBI Magnum Balanced Fund | Balanced Fund | 9.10% |
| SBI Magnum Gilt Short Term | Debt Fund | 8.78% |
Is SIP tax free?
If you are investing through SIPs in equity and balanced mutual fund schemes, then all the gains made after one year will be treated as long term capital gains and that will be completely tax free. However, if your SIPs were in debts funds or hybrid funds (MIPs) then the profits will be tax @20% after indexation.
Which SIP is best for 5 years?
Best SIP Plans for 5 Years in Equity Funds
- Axis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance.
- ICICI Prudential Blue chip Fund.
- SBI Blue chip Fund.
- Mirae Asset Large Cap Fund.
- SBI Multicap Fund.
How much tax do I pay on SIP returns?
If the long-term capital gains are less than Rs 1 lakh, then you don’t have to pay any tax. However, you make short-term capital gains on the units purchased through the SIPs from the second month onwards. These gains are taxed at a flat rate of 15% irrespective of your income tax slab.Il y a 5 jours
Can we stop sip in between?
There is a better way to skip a few SIP instalments if you have any financial troubles. You can stop your SIP by sending an SIP Stop Request to the mutual fund house at least 30 days in advance if you foresee a cash crunch in future. You can submit the request online or offline through an application form.
