The AUM of mutual funds crossed the Rs 30 lakh crore mark for the first time

The AUM of mutual funds crossed the Rs 30 lakh crore mark for the first time

• Rapid boom in the equity market and lucrative investor investment in debt funds
• Investments withdrawn by investors from equities, withdrew Rs 13,000 crore in Nov.

Mutual fund industries have also seen a positive trend due to the sharp rise in the equity market. The country's asset management industries hit a new high in November. For the first time, Mutual Fund Industries' AUM has crossed the Rs 30 lakh crore mark. The target of Rs 30 lakh crore has been achieved due to lucrative investments in debt funds.

However, an average of Rs 13,000 crore has been withdrawn from equity funds during this period. According to an Amphi report, November saw an inflow of Rs 44,983.84 crore in debt funds. As a result, the total net inflows in the mutual fund industries reached Rs 27,194.15 crore and the total AUM of the mutual fund companies reached Rs 30,00,904.42 crore. However, in November, investors withdrew Rs 12,917.36 crore from equity funds. As a result, an investment of Rs 2724.95 crore was withdrawn in October from the previous month.

Also a reduction in the investment flow of SIPs

SIP inflows in November fell by Rs 7,799 crore to Rs 7,302.16 crore as compared to October. NS Venkatesh, chief executive of Amphi, said the decline in SIP contributions was not a cause for concern. There was a three-day holiday in late November. The SIP inflow was much higher in the last three days. However this will be seen in a November inflow.

Mutual funds, SIPs, tax savings investments: Etimoni

Reasons to download the etmoney app:

• - Invest in top mutual funds
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• - Invest in NPS (National Pension System) scheme
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• - Easily track and manage your expenses

It will be beneficial to invest in PPF and debt funds, find out in which scheme you can get higher returns by investing money

PPF scheme

An account can be opened in a bank or post office under this scheme. Apart from this it can also be transferred to any bank or any post fix.

This account can be opened for only Rs. But then it is necessary to deposit Rs.500 every year. A maximum of Rs 1.5 lakh can be deposited in this account every year.

The plan is for 15 years. From which money cannot be withdrawn in the meantime. But after 15 years the plan can be extended for 5-5 years.

This account cannot be closed before 15 years. But after 3 years the loan can be taken against this account. Anyone can withdraw money under the rules from the 7th year of this account if they wish.

The government reviews interest rates every three months. This interest rate can be more or less. The account is currently earning 7.1% interest.

By investing in this scheme Rs. Tax exemption up to Rs 1.5 lakh can be obtained under 80C.

Debt mutual funds

This mutual fund scheme invests in debt securities. Under debt mutual funds, 65% of the investment is invested in government bonds, company bonds and corporate FDs.

The remaining money, except for 65%, is invested in equity. Money from debt funds is invested in fixed return bonds. Therefore, the probability of damage is very low.

Debt funds are subject to long-term capital gains tax (LTCG) on redemption after 3 years. Also, short term capital non-tax (STCG) is levied on withdrawals 3 years ago.

For example, if someone has invested Rs 50,000 for investing in debt mutual funds. Short-term capital gains will be levied, according to the investor's income tax slab. 50 thousand will be added to the taxable income and tax will be levied accordingly.

If an investor withdraws his / her money after 3 years of investment, 20% long term capital gains tax is levied, which also includes indexation. Injection reduces the value of the total profit earned to show the effect of inflation on your investment.

Investors can invest in it to meet short-term financial goals. It is worth investing in for a period of less than 5 years. These mutual fund schemes are less risky than shares.

Where would it be worth investing?

Debt funds can be a great option for you if you take a little risk. This should be stopped through SIP, which is invested every month. This reduces the risk on the investment and also increases the chances of getting a good return. On the other hand, if you want to stay away from market risk, it would be wise to invest in PPF. Apart from this, debt funds are a better option if you invest for a short period of time as PPF has a lock-in period of 15 years.

Invest in Direct Mutual Fund by SIP or Lumpsum with 0% Commission

• - Get an additional return of up to 1% on your existing regular mutual funds and SIPs by switching to a direct plan of similar mutual fund schemes.
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Different types of mutual fund investments

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Plan your retirement with the National Pension Plan (NPS)

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Health Assure your family's well-being with health insurance

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