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The CRISIL AAA/STABLE and [ICRA]AAA(Stable), <keyword id="111876" type="General" weightage="100" keywordseo="bajaj-finance" source="Orion">Bajaj Finance</keyword> has good news for all its investors. With effect from November 8, 2022, the fixed deposit rates for all investments starting at Rs 15,000 have been changed. In order to speed up the growth of an investor's capital, all investor categories and tenors now get higher FD interest rates up to 7.85 per cent p.a. Customers under the age of 60 can now invest their money for a 44-month tenor and earn up to 7.60 per cent annually. Senior folks receive an additional 0.25 per cent of all base rates as special rate perks. Therefore, older persons can make up to 7.85 per cent p.a. for a tenor of 44 months. Revised FD rates for customers below 60 years of age The regular rates for customers below 60 years of age have been revised by 10 bps, the revised interest rates are as follows: Senior citizens too enjoy the rate change, along with the additional 0.25% p.a. interest rates. They can now earn up to 7.85 per cent p.a. for 44 months. The table below shows the FD interest rates for senior citizens: Special interest rates Investors looking for higher returns and longer investment terms can opt for special tenure offered by Bajaj Finance on fixed deposit of 15, 18, 22, 30, 33, and 44 months. Below are the updated special rates for all customers. Small monthly instalments In addition to fixed deposits, Bajaj Finance offers the <keyword id="8550098" type="General" weightage="50" keywordseo="systematic-deposit-plan" source="Orion">Systematic Deposit Plan</keyword>, the first monthly savings option in the sector. Each investment is considered as a separate fixed deposit, with investments starting at just Rs. 5,000 per month. You can make small monthly deposit and each deposit matures on a different month in the Monthly maturity scheme and on a single date in the single maturity scheme. Highest safety and credibility ratings When it comes to making an investment, choosing a safe and credible instrument is key to reducing risk and ensuring security of your finances. Since an FD is not linked to market fluctuations, it is a safer investment. What's more, rating agencies such as CRISIL and <keyword id="6354972" type="General" weightage="50" keywordseo="icra" source="Orion">ICRA</keyword> rate the investment instruments of various financial institutions. A high rating means that the instrument is safe, and you can make an investment stress free knowing that you will receive your interest earnings and original invested amount on time and without fail. The <a href="https://www.bajajfinserv.in/fixed-deposit" target="_blank">Bajaj Finance FD </a>has the highest safety and credibility ratings from CRISIL and ICRA, assuring the security of your invested amount. You can benefit from the FD calculator and a 100 per cent digital process in addition to these advantages of the <keyword id="7860093" type="General" weightage="50" keywordseo="bajaj-finance-fixed-deposit" source="Orion">Bajaj Finance Fixed Deposit</keyword> to maximise convenience. With the help of the FD calculator and web application, you may more easily and quickly predict your returns and plan your investments accordingly. Make a safe and secure <a href="https://www.bajajfinserv.in/fixed-deposit-online?ProductName=FD" target="_blank">online FD</a> investment in a matter of steps to increase your wealth. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/the-justice-department-said-that-it-seized-3-4-billion-in-bitcoin-stolen-a-decade-ago-through-the-silk-road-dark-web/articleshow/95365257.cms">The Justice Department said that it seized $3.4 billion in bitcoin stolen a decade ago through the 'Silk Road' dark web</a> <a href="https://www.businessinsider.in/business/startups/news/unacademy-lays-off-10-of-workforce-as-funding-winter-deepens/articleshow/95369741.cms">Unacademy lays off 10% of workforce as funding winter deepens</a> <a href="https://www.businessinsider.in/business/corporates/news/paytms-net-loss-widens-by-20-yoy-to-571-crore-in-q2-but-down-sequentially/articleshow/95369930.cms">Paytm's net loss widens by 20% YoY to ₹571 crore in Q2 but down sequentially</a>

Bajaj Finance raise fixed deposit rates by up to 10 bps – now offers returns of up to 7.85%

The suitability of an investment option depends on the reasons why you invest and what you expect from the investment. There is no single investment plan that is always superior over the others. Hence you must choose the right investment options through a careful study of the options in front of you. Here we compare between FD (<keyword id="74427" type="PERSON" weightage="20" keywordseo="fixed-deposit">Fixed Deposit</keyword>) and SIP (<keyword id="6359303" type="DEFINITION" weightage="20" keywordseo="systematic-investment-plan">Systematic Investment Plan</keyword>) to suggest which is better as a long term investment vehicle. (FD) Fixed Deposit Both banks and non-banking financial firms offer fixed deposit plans. Under this option, the investor puts in a fixed amount of money over a fixed period of time. FD is considered one of the safest investment option you will find in the market. It assures high returns on the invested amount. There are different kinds of fixed deposits to choose from. The rates of interest and the terms and conditions governing them vary from one plan to another. Fixed deposits can meet short term or long term goals and the best thing about them is the fixed return they assure the investor. The amount to be invested and the duration of the investment can be conveniently chosen by the investor. It is also possible to get a loan on your fixed deposit. Premature closing of the FD is also possible. Fixed deposits over 5 years provide various tax benefits to the investor. (SIP) Systematic Investment Plan A systematic investment plan lets the investor invest a fixed sum of money on a regular basis in a <keyword id="6354820" type="DEFINITION" weightage="20" keywordseo="mutual-fund">mutual fund</keyword>s scheme. Generally in an SIP scheme, the money is invested in an equity mutual fund scheme. If the investor is new to the concept of mutual funds, SIP is one of the best suited investment option. SIP creates the habit of making timely investments. SIP also lets you accumulate a lot of money over certain time period. SIP assures better returns than FD. Systematic investment plan offers several advantages. The investment can be customized as per the needs of the investor. The investor can also track the performance of the investment. SIP investment also carries various tax benefits. It is also possible to withdraw easily and invest money at any time the investor wants. Taxes you will incur on long term capital gains Long term capital gains refer to an investment that is made for a period more than year. The gains resulting from the amount invested in an equity based scheme for more than a year is called as long term capital gains. Long term capital gains is applicable only on mutual funds that feature more than 65% equity investments. Hence an investor will have to pay 10% tax on long term capital gains if the gains exceed more than one lakh per year. Conclusion <keyword id="7198664" type="UNKNOWN" weightage="20" keywordseo="FD-vs-SIP">FD vs SIP</keyword> If you are a conservative investor wanting to avoid risks, FD is the right investment option. Fixed deposit also features a high degree of liquidity and guaranteed returns. SIP on the other hand does not guarantee the returns and the benefits can vary depending on the market performance. However, while talking of long term returns, an SIP is a better option if you are prepared to take the risk.

FD vs SIP : which is better for investment in long term

New Delhi, Mar 6 () Nippon India Mutual Fund on Friday said it has marked down the value of its investments to zero in bonds issued by troubled private sector lender Yes Bank.In addition, the fund house has imposed a limit of Rs 2 lakh on fresh inflows into the impacted schemes till further notice, Nippon India MF said in a statement.This limit is imposed only on the new applications, switch-ins, systematic transfer plans and systematic investment plans received after March 5, it said.The announcement came hours after Yes Bank was placed under a moratorium, with the Reserve Bank capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board. The central bank's action came after the bank failed to raise capital to address potential loan losses."Perpetual bonds of Yes Bank in the schemes of Nippon India MF have been marked down to zero," the fund house said."While Yes Bank has been marked down to zero, no segregation has been done. Segregation/side pocketing is only allowed on happening of Sebi defined triggers," the fund house spokesperson said. Nippon India Mutual Fund said it will review this decision on regular basis and take appropriate actions as clarity emerges on this matter."A limit on new applications, switch-ins, systematic transfer plans, systematic investment plans will help ensure that once clarity emerges, the interest of existing unitholders has not been significantly diluted in the interim through additional purchase activity while limiting the inconvenience to retail unitholders," the statement said."We continue to remain engaged with Yes Bank and closely monitor the developments in this matter," it added.Schemes such as Nippon India Hybrid Bond Fund, Nippon India Credit Risk Fund, Nippon India Equity Hybrid Fund, Nippon India Strategic Debt Fund, Nippon India Retirement Fund- Wealth Creation and Nippon India Equity Savings Fund invested in perpetual bonds of the bank.Earlier, many asset management companies have asked their clients, who have bank accounts with the troubled lender, to furnish details of alternate accounts for receiving redemption payouts.The RBI, in a notification, on Thursday said the financial position of Yes Bank has undergone a steady decline largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits.The bank has also experienced serious governance issues and practices in recent years which have led to steady decline of the bank, it added.The central bank has appointed SBI's former CFO Prashant Kumar as an administrator. SP ANUANU

Nippon India Mutual Fund marks down its investment in Yes Bank to zero

<ul class="summary-list"><li>The <keyword id="12395940" type="UNKNOWN" weightage="60" keywordseo="fdic" source="Orion">FDIC</keyword> in a letter to banks Thursday flagged risks surrounding crypto-related activity. </li><li>The regulator wants banks to notify it of their current or planned crypto-related activities. </li></ul>The Federal Deposit Insurance Corporation flagged concerns about crypto in a letter to banks that also included a request to be notified about any business they are conducting with digital assets. "FDIC is concerned that crypto assets and crypto-related activities are rapidly evolving, and risks of this area are not well understood given the limited experience with these new activities," the <a href="https://www.fdic.gov/news/financial-institution-letters/2022/fil22016.html#letter">agency said in a letter</a> published Thursday. <a href="https://www.businessinsider.com/personal-finance/what-is-fdic-insurance">The FDIC</a> provides insurance to banks and ensures that depositors don't lose money if a bank fails. The regulator said it wants the institutions it supervises to notify it about their crypto-related activities or about any plans to engage in digital assets. It will use the information to assess the safety and soundness, consumer protection, and financial stability implications of such activities.Under safety and soundness, the FDIC said there are fundamental crypto-ownership issues, including whether it is possible for ownership to be clearly validated and confirmed. "Further, there are significant anti-money laundering/countering the financing of terrorism implications and concerns related to crypto assets," it added. In terms of financial stability, one risk the agency raised is a systematic disruption in transactions that could result in a "run" on financial assets that back a crypto asset or crypto-related activity. The agency also wants to avoid consumer confusion over crypto assets offered by, through, or in connection with insured institutions. Consumers "may not understand the role of the bank or the speculative nature of certain crypto assets as compared to traditional banking products, such as deposit accounts." The FDIC's letter arrived as US regulatory agencies are working on unifying oversight of the $2 trillion cryptocurrency market. President Joe <a href="https://markets.businessinsider.com/news/currencies/biden-crypto-executive-order-digital-dollar-cbdc-bitcoin-congress-2022-3">Biden in March signed an executive order</a> for further work on developing a national policy on digital currencies.

The FDIC is warning banks about crypto risk and wants firms to notify the regulator about their activities in the space

Systematic Investment Plans (SIPs) have become one of the most sought-after methods of <keyword id="35175" type="UNKNOWN" weightage="20" keywordseo="investing">investing</keyword> in mutual funds. An SIP allows an investor to invest a certain sum of money periodically in a mutual fund for a specific period. It operates similar to a recurring deposit. However, unlike RDs which are debt instruments, SIPs are linked to mutual funds, and therefore, the market performance. If you are thinking how much should be invested through SIPs, experts suggest to stay invested for a longer period. “Also, it is essential that you do not miss your investment commitments. You must not attempt to invest more than what you know you can spare after your liabilities and essential expenses are covered,” said Ajit Narasimhan, Category Head – Savings &amp; Investment, BankBazaar. Narasimhan said investing in mutual funds through an SIP offers investors better risk-adjusted returns. Here are 4 reasons why SIPs are a good deal

4 reasons why investing in SIP is a good decision

<ul><li>Two big financial goals – medical necessities and retirement pension – are taken care of to a large extent. </li><li>Systematic <keyword id="6355120" type="General" weightage="20" keywordseo="investment" source="Orion">investment</keyword> plans (SIPs) are an ideal investment option due to regular monthly income. </li><li>Buying property can be a good long-term investment, especially given the housing benefits and loans available to <keyword id="462296" type="General" weightage="20" keywordseo="defence-personnel" source="Orion">defence personnel</keyword>. </li></ul>All of us go to bed at night knowing that the men at our borders are there to protect us. But the lives of defence personnel are different, not only when it comes to their jobs, but also to their finances. First, they might be posted at extremely remote locations where it is very difficult to get financial advice or access to banking and investment products. Also, the demands of their career are such that it relegates financial planning low down in their to-do list. “Being a government servant, two big financial goals of medical necessities and retirement pension are taken care of to a large extent. But then there are many more requirements of life which need careful planning,” says Col. Sanjeev Govila (Retd), a SEBI Registered Investment Advisor (RIA), and CEO, Hum Fauji Initiatives, a financial planning firm. Children’s graduation and post-graduation, their marriages, purchase of a house when they’re close to retirement, good vacations post-retirement, change of car, charity, indulging in passions which may need money, etc are likely financial goals which need to be carefully planned for. We take a look at five investment options defence personnel may consider. <cmsannotation type="cmsannotation" annotationid="Fixed deposits" comment="Subhead" text="Fixed deposits"><keyword id="6377620" type="General" weightage="20" keywordseo="fixed-deposits" source="Orion">Fixed deposits</keyword></cmsannotation>: Fixed deposits are a good investment choice for defence personnel due to their safety and simplicity. They offer guaranteed returns, minimising risks associated with market fluctuations. For military personnel with unpredictable schedules, FDs provide flexibility in terms of tenures and can be easily managed from anywhere. Moreover, the guaranteed interest earnings add to financial stability, making it a good choice for long-term planning and security, which matches the disciplined and secure aspects of military life. <cmsannotation type="cmsannotation" annotationid="Equity investments" comment="Subhead" text="Equity investments">Equity investments</cmsannotation>: Defence personnel, like any other citizen, are allowed to invest in stocks / <keyword id="6357979" type="General" weightage="20" keywordseo="mutual-funds" source="Orion">mutual funds</keyword> or any other investment products. “However, they might have certain restrictions, especially officers holding sensitive positions. Such individuals might need to inform their respective cadres about their investments to avoid conflicts of interest,” says Bhuvanaa Shreeram, co-founder and head of financial planning, House of Alpha, a financial planning firm. When it comes to equity, the best suited investment option is mutual funds. “Systematic investment plans (SIPs) are ideally suited due to regular monthly income. However, thorough research, long-term outlook and regular monitoring is important,” says Govila. <cmsannotation type="cmsannotation" annotationid="Sukanya Samriddhi Yojana (SSY)" comment="Subhead" text="Sukanya Samriddhi Yojana (SSY)">Sukanya Samriddhi Yojana (SSY)</cmsannotation>: Sukanya Samriddhi Yojana is another investment option military personnel can consider if they have a girl child. It provides a secure and tax-saving avenue for their daughters' future. SSY offers an attractive interest rate, along with tax deductions under Section 80C of the Income Tax Act. For defence personnel frequently posted to remote areas, SSY can be conveniently managed online, ensuring consistent savings for their daughters' education and marriage. Its assured returns, safety, and tax benefits make it an appealing option, aligning with their commitment to secure their family's financial well-being. <cmsannotation type="cmsannotation" annotationid="Real Estate" comment="Subhead" text="Real Estate">Real Estate</cmsannotation>: “Buying property can be a good long-term investment, especially given the housing benefits and loans available to defence personnel. Although while in service they will be provided a place to stay, once they retire they will need a comfortable house to live in,” says Shreeram. “Start saving for a house early through SIPs in mutual funds and buy a house around 50 years of age when plans to finally settle down are concrete. No need for a second house,” says Govila. <cmsannotation type="cmsannotation" annotationid="Gold" comment="Subhead" text="Gold">Gold</cmsannotation>: Gold is a good investment choice for defence personnel due to its stability, liquidity, and security. It acts as a hedge against economic uncertainties, offering protection against inflation and currency fluctuations. Gold investments, such as Sovereign Gold Bonds (SGBs) and Gold Exchange-Traded Funds (ETFs), provide the convenience of electronic holdings and easy liquidity, aligning with the mobile lifestyle of military personnel. <keyword id="3790" type="General" weightage="20" keywordseo="armed-forces" source="Orion">Armed forces</keyword> personnel experience unique service conditions, and their financial situations can vary significantly. Nevertheless, the fundamental principles of financial planning and investment are applicable to them. With careful planning and disciplined execution, there's no reason they cannot achieve a financially secure and dignified life.

Five investment options for defence personnel

New Delhi, Nov 17 () Mutual fund investment in stock markets halved to Rs 55,700 crore in the first 10 months of the year because of lower participation from retail investors.
 Fund managers had bought shares worth about Rs 1.12 lakh crore during January-October 2018, according to the data provided by the Securities and Exchange Board of India (Sebi).
 "Inflows from retail investors into mutual funds have slowed compared with a year ago. As a result, mutual funds deployment into stock markets has lowered," said Vidya Bala, co-founder of Primeinvestor.in
 "Despite markets moving to new highs, since the rally is restricted to select stocks, retail investors have not seen any positive impact on their wealth. Unless retail appetite increases this trend may continue," she added.
 Omkeshwar Singh, head of mutual fund distribution business at Samco said although the overall flow per month in equities has been positive, if we remove Systematic Investment Plan (SIP) inflows than such inflows turned into negative, therefore the investment has been lower.
 "The investments through lump-sum net of redemptions have been negative," he added.
 SIP is an investment vehicle that allows investors to invest small amounts periodically instead of a lump-sum payment. The frequency of investment is usually weekly, monthly or quarterly. It is similar to a recurring deposit where investors deposit a small or fixed amount every month.
 Of Rs 55,700 crore infused in this year, most of the investment in equities during the year came between July and September. Fund managers infused a net sum of Rs 43,500 crore during the period. However, foreign investors pulled out Rs 22,400 crore in these three months.
 The sell-off by foreign portfolio investors (FPIs) in the Indian equity markets provided an opportunity to mutual fund managers, experts believe.
 On the other hand, fund managers withdrew a collective sum of Rs 12,000 crore from equities in March and April. SP SHW MR
MR

MF investment in equities halves to Rs 55,700-cr in Jan-Oct 2019

Indians love <keyword id="18712" type="ENTERTAINMENT" weightage="20" keywordseo="Gold">gold</keyword>. But interestingly, <keyword id="6357979" type="ORGANIZATION" weightage="20" keywordseo="mutual-funds">mutual funds</keyword> too are fast gaining popularity as an investment option. According to a report by <keyword id="6355988" type="CITY" weightage="20" keywordseo="Assocham">ASSOCHAM</keyword>, while gold continues to be a safe bet, Indians are also returning to the stock market for higher returns following a buoyancy in the equity market in the recent times. 
	 
	“The middle class families are investing in gold as the reliable and stable bet while some of them are also returning to the riskier option of the stock market, enthused by a runaway rise in the equity market in the last one year, especially after formation of the new government at the centre,” said DS Rawat, general secretary of the industry body. 
	 
	The report revealed that considerable percentage of working women preferred investing in the stock market as well through mutual funds schemes like Systematic Investment Plans (SIP) for quicker returns. 
	 
	According to the study, about 72% of the respondents preferred gold as an investing option followed by shares and mutual fund schemes in this festive season followed by extra earnings from bonuses. On the other hand, 62% of corporate seconded the equity markets for investment because there is an easy availability of advisory consultants who they can rely on for guidance. 
	 
	"They are now focusing on investing in gold and stock markets rather than in traditional channels of investment like post offices, fixed deposit and PPF promoted by the government," added Rawat. 
	 
	Nevertheless, Indian investors still practiced investing a portion of their funds in the traditional options as these assured safe returns. 
	 
	Interestingly, analysts noted that while investment in gold may seem as a good option, it may lead to a riskier situation in the overall economy in the long run. “Gold imports rose by 450% in September which is actually worrying as this would add substantially to our import bills. Rising imports have caused concerns among the policy makers while the government is mulling import curbs again,” noted Rawat.

Indians Prefer Gold, Mutual Funds For Investments

It’s that time of the year when people run around, searching for ways to save tax. In this matter, Section 80 C of the <keyword id="6354751" type="COMPANY" weightage="20" keywordseo="Income-Tax">Income Tax</keyword> Act gets the most amount of attention from investors, as it allows tax exemption through some popular investment instruments. Premiums paid for life insurance policies, investments in <keyword id="762633" type="UNKNOWN" weightage="20" keywordseo="equity-linked-saving-schemes">Equity Linked Saving Schemes</keyword> (<keyword id="103549" type="CITY" weightage="20" keywordseo="ELSS">ELSS</keyword>), five-year fixed deposits, National Savings Certificates (NSC), Public Provident Fund (<keyword id="76579" type="CITY" weightage="20" keywordseo="PPF">PPF</keyword>) and investment in Sukanya Samriddhi Yojana are some such instruments. 
 
Among these, ELSS has the potential to beat the long-term returns from all other investment options. It also allows you to save tax up to Rs. 1.5 lakh under Section 80 C. Let’s understand what ELSS is and what are the associated benefits through this article. 
 
What is ELSS? 
Equity Linked Saving Schemes (ELSS) are open-ended mutual funds with at least 65% exposure to equity. Although there’s a high degree of risk involved in this investment, it is beaten down in the long run. The returns earned through ELSS funds have outperformed other investment instruments in the long run. 
 
According to the CRISIL - AMFI ELSS Fund Performance Index in December 2016, ELSS funds as a mutual fund category have returned 3.35% in the last year, 16.64% in three years, 17.71% in the last five and 10.61% in 10 years. 
 
The minimum investment in ELSS has to be Rs. 500, while there’s no limit on the maximum amount you can put in. ELSS comes with a lock-in period of three years and withdrawal cannot be done before the completion of the stipulated period. On completion of the stipulated period, you can either redeem your scheme or continue with it. Returns from ELSS is tax-free on completion of a year. 
 
Why is ELSS your best long-term bet? 
ELSS has proven to be beneficial in terms of saving tax and yielding returns. Following are the benefits of ELSS: 
 
• ELSS allows you to claim tax deduction of up to Rs. 1.5 Lakh under Section 80C of the Income Tax Act. The proceeds on redemption of the scheme after three years of lock-in is also completely tax free. 
 
• Compared to PPFs, NSC and fixed deposits, the lock-in period associated with ELSS is relatively shorter, indicating more liquidity. 
 
• The highest ranked ELSS funds have provided a CAGR of around 20% in the last five years – far more than options such as PPF and NSC which can provide returns in the range of 8-9%. Not just that, your ELSS returns are tax-free. 
 
• This scheme is highly affordable, as the minimum amount you can invest is only Rs. 500. If you don’t have a lump sum amount, you can even invest through Systematic Investment Plans (SIPs), depositing a small amount every month. 
 
• There is no fixed maturity period. Investors can stay invested as long as they want. 
 
• Investors earn dividends even during the lock in period and it is tax free. 
 
• The scheme forces you to stay invested at least for a period of three years without any interruptions. Moreover, if you opt for SIPs, you indulge in a more disciplined saving habit which ensures high capital growth. 
• 
ELSS and other instruments that allow exemptions under Section 80C 
 
Here is a comparative analysis of ELSS and other popular investment instruments:

Looking to save tax? Give an ELSS fund a chance – For tax savings & wealth creation

New Delhi, Dec 9 () Mutual fund industry saw its assets base surpassing Rs 27 lakh crore-mark in November-end on the back of inflows in debt-oriented schemes including banking and PSU funds, which have a high allocation to highest rated bonds.
 The 44-player industry logged an assets under management (AUM) of Rs 26.33 lakh crore in October-end, as compared to Rs 27.04 lakh crore by November end, representing a growth of 3 per cent, according to data from the Association of Mutual Funds in India (Amfi).
 Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
 Fund managers attributed growth in the asset base to strong inflows of around Rs 51,000 crore in debt-oriented schemes.
 Among debt-oriented schemes, overnight funds -- invest in securities with a maturity of one day-- received flows worth about Rs 20,650 crore, the highest among the fixed-income segment last month.
 Apart from this, banking &amp; PSU funds received funds to the tune of Rs 7,230 crore, while Rs 6,938 crore was infused in liquid funds, with investments in cash assets such as treasury bills, certificates of deposit and commercial paper for shorter horizon.
 The open-ended equity schemes witnessed an infusion of Rs 1,312 crore, while there was an outflow of Rs 379 crore in close-ended equity plans, taking total equity inflows to Rs 933 crore last month. In October, net inflow in such schemes stood at Rs 6,015 crore.
 "While, equity net inflows have come down sharply in November, partly due to investors booking profits, the overall mutual fund industry AUM reached an all-time high of Rs 27 Lakh crore," AMFI CEO N S Venkatesh said
 "Goal-based, long term systematic investment plan (SIP) investments from retail investors continue to grow steadily, with SIP AUM at an all-time high at Rs 3.12 lakh crore," he added.
 Besides, gold exchange-traded funds saw an inflow of over Rs 7 crore after witnessing an outflow of Rs 31.45 crore in October.
 Prior to that, the safe-heaven asset saw an infusion of Rs 44 crore in September and Rs 145 crore in August. SP SHW
SHW

Mutual Funds' asset base hit all time high of Rs 27 lakh cr on inflow in debt schemes

Both Public Provident Fund (PPF) and Equity Linked Savings Scheme (ELSS) are saving schemes that are eligible for tax benefits. Hence investors are often confused on which one to choose among these two. Are they similar? No doubt PPF has been popular among the investors for so long. However, these days, ELSS seems to be picking up fast due to the higher returns it promises. In fact, it is important to know that there is nothing similar between these two investment vehicles beyond the tax benefits they carry. When you know the About PPF Public Provident Fund (PPF) is a savings scheme created by the government that assures guaranteed returns and some attractive tax benefits under Section 80C. The government revises the interest rates of this scheme during every quarter. For example, the interest rate for the current quarter Q 2 (July-September), FY-19 is fixed at 7.9%. About ELSS <keyword id="3832316" type="PERSON" weightage="20" keywordseo="Equity-Linked-Saving-Scheme">Equity Linked Saving Scheme</keyword> (ELSS) can be described as a type of <keyword id="6354820" type="DEFINITION" weightage="20" keywordseo="mutual-fund">mutual fund</keyword> that carries tax benefits under the section of 80C of the Income Tax Act, 1961. Currently, it has become immensely popular due to its high returns and the lowest lock-in period. PPF Features Low-Risk Since PPF is a government-backed savings scheme, it is considered as a safe investment option available in India. Since the capital and returns are safe, it is one of the most popular investment options. Tax Benefits Since the investments in PPF fall under the exempt-exempt-exempt (EEE) category, the PPF deposits are never taxed at any point. The investment up to a limit of 1.5 lakhs per annum, the monthly interest and the maturity amount is completely tax exempt. Lock-in Period Deposits in PPF are characterized by a mandatory lock-in period of 15 years. Nevertheless, it is possible to take a loan on PPF deposits starting from the 3rd to 6th financial year from the date of opening the account. From the 6th year, partial withdrawal is possible. Fixed Returns In an average, the investments in PPF have invited 8% interest over the past. Also since the government decides the interest rate during every quarter, PPF assures fixed returns. Investment and Withdrawal The minimum and maximum investment you can make in a PPF investment account is Rs 500 and Rs 1.5 lakhs respectively. In case of serious ailments, premature closure is allowed. Partial withdrawals are permitted from the 6th year. ELSS Features High Returns Studying the history, we find that ELSS has always assured one of the highest returns among the tax-saving instruments. In the past, it has generated about 11-14% returns in a time frame of 3-years and 5-years. However, since the returns under ELSS are market-linked, they are not market guaranteed. Tax Benefits Section 80C allows tax benefits on ELSS investments up to Rs. 1.5 lakhs per year. However, while PPF is tax-free during all stages, the gains from ELSS scheme is taxable if it exceeds Rs. 1 lakh in a given year. Lock-in period Among the different tax-saving investment options, ELSS comes with the lowest lock-in period of only 3 years. Hence it carries a high degree of liquidity. SIP Option An investor can start investing in ELSS with an amount as low as Rs. 500 per month through <keyword id="6359303" type="DEFINITION" weightage="20" keywordseo="systematic-investment-plan">Systematic Investment Plan</keyword>. Whenever convenient, you can either start or stop the SIP. How to choose between PPF and ELSS PPF suits investors who do not want to take risks and can afford the lock in period of 15 years. Those investors who want to take only moderate risk and want to earn a higher interest can go for ELSS.

Comparison between PPF and ELSS, which is better?

New Delhi, Nov 27 () Investors pumped nearly Rs 24,000 crore in equity mutual funds during July-September quarter this year, a surge of 35 per cent from the preceding quarter, mainly due to the rollback of FPI surcharge, corporate tax cut and anticipation of more reforms, according to a report.
 The inflow pushed the asset base of equity mutual funds (MFs) to Rs 7.24 lakh crore by September-end from Rs 7.23 lakh crore at the end of June.
 According to a Morningstar report, equity category witnessed flows to the tune of Rs 23,874 crore in September quarter as compared to an inflow of Rs 17,680 crore in June quarter.
 Over 25 per cent (more than Rs 6,000 crore) of the net flows have been directed toward the large-cap category as investors preferred to put money in the top 100 stocks by market capitalisation because the segment has been the most resilient over the past year.
 "The incumbent government's efforts have also led to most of the new money being allocated to the large-cap category. Some of the government's policy changes, including the rollback of FPI surcharge, corporate tax cut, PSU recapitalisation, and anticipation of reforms have also aided in ensuring a steady stream into large-cap funds," the report noted.
 Overall, the equity category witnessed net flows averaging at over Rs 25,000 crore between between April 2018 and December 2018. Post that, there was a sharp drop in the money infusion in the quarter ended March 2019 to Rs 17,876 crore. This trend seemed to have continued into the following quarter with fund flows of around Rs 17,680 crore in June quarter 2019, it said.
 However, the equity category witnessed a surge in inflow in September quarter with the segment attracting flows to the tune of Rs 23,874 crore.
 Significant corrections in some of the mid-cap and small-cap stocks and broader index, sell-off by foreign portfolio investors (FPIs) owing to market uncertainty, and liquidity concerns in small- and mid-cap companies seem to have impacted overall flows in equity mutual funds, the report noted.
 "Having said that, mutual funds continue to hold fort with the help of a strong systematic investment plan (SIP) book," it added.
 SIP is an investment vehicle that allows investors to invest small amounts periodically instead of lump sum payment. The frequency of investment is usually weekly, monthly or quarterly. It is similar to a recurring deposit where investors deposit a small or fixed amount every month.
 Overall, mutual fund flows have been growing consecutively for the past three quarters. Net inflow was Rs 46,578 crore for the September quarter, an increase of 10 per cent compared to Rs 42,357 crore in June quarter.
 On the domestic front, markets have remained extremely polarised over the past quarter. 
 Despite an overall slowdown, the BSE Sensex experienced a massive run-up and crossed the 40,000 threshold on June 3, 2019, owing to a fall in crude oil prices and expectations of government reforms, such as an interest rate cut.
 Besides, a euphoria around reduction of corporate taxes was another major factor that led to an upswing in the markets, the report said. SP 
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