A Mutual Fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds, and other securities.
➤ Equity Funds: Equity Funds are mutual funds that primarily invest in stocks or equity securities. The main objective of Equity Funds is to seek long-term capital appreciation. Equity Oriented Funds are – Large Cap, Mid Cap, Small Cap, ELSS, Sectorial etc.
➤ Debt Funds: Debt Fundsinvest money into fixed-income securities such as corporate bonds, government securities, and treasury bills. Debt funds can offer stability and a regular income with relatively minimum risk. Debt oriented Funds are – Overnight Funds, Liquid Funds, Low Duration Funds etc.
➤ Hybrid funds: Hybrid funds invest in both debt and equity instruments so as to balance out debt and equity. In Hybrid Funds Equity provide Long term Capital Appreciation while Debt provide stable returns.
➤ Solution Oriented Funds: Solution Oriented Funds are customizable as per future Financial Requirement of an investor. These mutual fund schemes are for specific goals like building funds for children’s education or marriage, or for your own retirement. They come with a lock-in period of at least five years.
➤ International Funds: International Funds invest in Global Market outside India. Investing in Other countries helps Geographical Diversification and also Benefit from Currency Appreciation against Indian Rup
➤ Index Funds: Index Funds This category invests in all companies that make up particular Index. Index Funds follows a benchmark of an index like Sensex, Nifty 50, Nifty 100 etc.
➤ Diversification: Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other assets. This diversification helps spread risk because if one investment performs poorly, gains from others may offset the losses.
➤ Professional Management: Mutual funds are managed by professional fund managers who conduct research, make investment decisions, and monitor the performance of the fund. This expertise can potentially lead to better investment decisions compared to individual investors managing their own portfolios.
➤ Accessibility: Mutual funds are accessible to investors with different levels of capital. With mutual funds, you can start investing with a relatively small amount of money, making them suitable for beginners or those with limited investment capital.
➤ Liquidity: Most mutual funds offer liquidity, meaning you can easily buy or sell shares at the current net asset value (NAV) at any time during market hours. This liquidity provides flexibility for investors who may need to access their funds quickly.
➤ Access to Different Market Segments: Mutual fund schemes may focus on specific market segments, such as large-cap stocks, small-cap stocks, international markets, or specific industries. By investing in these specialized schemes, investors gain exposure to segments that may not be easily accessible or practical to invest in directly.
Ashutosh Financial Services is a 25+ years old company that has been assisting individuals and companies in various aspects like Investment, Insurance, Income Tax Planning, etc. At Ashutosh Financial Services we always put the investors’ interests first and do our best to ensure that investors’ objectives are achieved in a timely manner. We strive to make every Indian financially literate and independent.
We at Ashutosh Financial Services put maximum importance on understanding your Investment objectives and creating a customized investment plan to ensure the complete achievement of your investment goals. We pride ourselves to be the best goal-based planners. Post Investment, we keep regular track of all your investments to ensure the complete achievement of your investment objectives.
Through our years of experience, we at Ashutosh Financial Services have created a process through which we aim to provide you with the best investment-related services and ensure that you have a hassle-free experience. We have a team of well-qualified and experienced members that are more than enough capable to assist you regarding all your investment matters.
Investor Profiling
Every Investor is unique and has unique needs, therefore we at Ashutosh Financial Services listen carefully to your investment objectives, goals, and expectations. We engage in a two-way discussion to collect all the necessary details about you and solve your queries at the same time. It is very crucial for us to know the following – 1) Investment Amount 2) Investment Period 3) Expected Returns. These parameters help us in selecting the right scheme for your investment.
Risk Profiling
Once our preliminary meeting is concluded, we use our preset strategies and try to ascertain the risk that you should ideally take to reach your goals. Risk assessment is one of the most important and decisive factors when it comes to deciding the schemes or funds for your investment. Risk assessment helps us in picking the right investment mix for your funds in order to achieve all your objectives.
Research & Analysis
We, at Ashutosh Financial Services, take immense pride in being one of the very few companies in this field to have our own Research & Analysis Department. Once your goals and risks are ascertained, our research team based on your profile and objective suggests the best schemes for your investment. Our Research Team stays up to date with the all factors that affect the financial world as well as tracks all the funds’ performances and track record.
Investment Process
Once the schemes have been finalized, we will approach you with the relevant forms and investment documents as well as the fact sheets of the selected schemes that have the entire track record of that scheme. The Investment process can be done both via forms or digitally.
After Investment Service
Once the investment process is done, you will be assigned a dedicated relationship manager who will be available at all times for all your queries. Apart from this we shall undertake a comprehensive and periodical review of all your investments and coordinate with you if there is a need for any change.
Our aim is to become your one-stop solution for your financial needs. Through our expert and qualified team, we try to give you the best advice regarding your investments. We also keep ourselves updated with all the activities happening in the world of finance. We aim to provide you with quality & unbiased services to secure your goals and future needs. We at Ashutosh Financial Services, are committed to continuously providing financial services to our investors to the best of our ability.
An equity Scheme is a fund that invests:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 12 months | STCG | 15% (Section 111A) |
| More than 12 months | LTCG | After exemption of Rs. 1 lakh taxed at 10% (Section 112A) (without indexation) |
ETFs where the funds are invested in the equity shares or equity-related instruments of domestic companies.
Hence, the tax treatment of capital gains made from these ETFs is similar to that of individual shares.
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 12 months | STCG | 15% (Section 111A) |
| More than 12 months | LTCG | After exemption of Rs. 1 lakh taxed at 10% (Section 112A) (without indexation) |
Fund of funds are mutual fund schemes that invest in the units of other schemes of the same mutual fund or other mutual funds.
It shall be treated as an Equity Oriented Fund if:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 12 months | STCG | 15% (Section 111A) |
| More than 12 months | LTCG | After exemption of Rs. 1 lakh taxed at 10% (Section 112A) (without indexation) |
Specific Mutual Fund is a Fund that invests:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Irrespective of the period of holding, it is deemed STCG (Section 50AA) | STCG | As per Tax Slab |
A fund that invests:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 36 months | STCG | As per Tax Slab |
| More than 36 months | LTCG | 20% (with indexation) (Section 112) |
International funds enable investments in markets outside India, by holding in their portfolio one or more of the following:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 36 months | STCG | As per Tax Slab |
| More than 36 months | LTCG | 20% (with indexation) (Section 112) |
Fund of funds are mutual fund schemes that invest in the units of other schemes of the same mutual fund or other mutual funds.
It shall be treated as an Equity Oriented Fund if:
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 36 months | STCG | As per Tax Slab |
| More than 36 months | LTCG | 20% (with indexation) (Section 112) |
International FOFs invest in International Funds which invest in Global companies.
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 36 months | STCG | As per Tax Slab |
| More than 36 months | LTCG | 20% (with indexation) (Section 112) |
Note: If such ETFs are purchased after 1.4.2023, they come in the category of Specified ETFs and are taxed in the same manner as Specified Mutual Funds.
Gold ETFs that track the actual price of Gold and invest in Gold.
| Period of holding | Type of Gain | Tax Rate for Resident |
|---|---|---|
| Less than 36 months | STCG | As per Tax Slab |
| More than 36 months | LTCG | 20% (with indexation) (Section 112) |
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