Equity Linked Savings Scheme is a branch of mutual funds which is specifically chosen for tax deductions. The government of India allows taxpayers to reduce the tax liability every year by investing in Axis Long Term Equity Fund and other ELSS schemes. But have you ever wondered why does the government allow it? What is the benefit of a nation and government when investment is done in any of the ELSS mutual fund? Let us find out how the investment done in top performing ELSS schemes can be helpful to the country.

The mutual fund awareness campaign in India has been doing a tremendous job as the inflows in the equity mutual fund has been increasing at a great pace in recent months. AMFI launched the “Mutual Fund Sahi Hai” campaign to inform the mass about the benefits of mutual funds. But in many of the banners and advertisements, AMFI can be observed promoting direct plans over regular ones. No doubt direct plans will give you more benefits but for those making an investment for the first time that too in an aggressive scheme like L&T Emerging Businesses Fund, the direct plan can be hazardous. If you do not believe it, your thoughts might change at the end of this write-up.

India is developing at a superfast rate, and is ranked among the fastest growing economies in the world. In terms of wealth, it stands at the number 6 spot, with an estimated wealth of nearly $8,500 billion dollars. But in spite of all these glinting facts about our country, we are still considered among the poorest living beings on earth.

When buying an investment, it is imperative to take some precautions. No doubt mutual funds are a great source of wealth building and can help you to achieve your goals, but all this doesn’t come very easily. You have to be very particular about your choices, and proceed with a systematic plan in order to achieve your goals. Talking about best-performing funds, Axis Midcap Fund is one of the great choices available in the market. You can make high energy plans with this fund and can conquer big goals with a disciplined approach of investment.

Starting mutual fund investments at an early age, say when you are in college or have just started your first job, can double the benefits. Many financial experts these days suggest that the earlier you start planning for your future, the better your chances will be to build wealth and retire rich. Besides your main profession, it is very important to find alternative sources of income. This will enhance your chances of achieving success, and you’ll never have to face any downturns in case your main profession fails.

Want to invest in SBI Bluechip Fund? It’s time to get an in-depth knowledge now.

Read the article to know why SBI Magnum Global Fund has been unable to impress the investors after the change in the investment mandate in May 2018.

Tata Mutual Fund is offering great returns and high growth for every kind of investors. The schemes of this fund house is performing well in every kind of market. Tata Mutual Funds is offering both methods SIP & Lumpsum to invest in the schemes of this AMC. So start your investment online with MySIPonline.

Tata Equity P/E Fund is the most suitable option for those who wants to make an attractive capital growth for future. It is top performing mutual fund of TATA Mutual Fund. Get detailed information about Tata Equity P/E Fund at MySIPonline.

The Axis Long Term Equity Fund is the best way to save your tax smartly and gain high returns as well. This fund is offering great returns in any kind of market.The Axis Long Term Equity Fund Growth is also very worthy for high risk investors. Get the detailed information about this fund at MySIPonline.