CEO Speak

Kailash Kulkarni

All news is not bad news, is it? Likewise all forwards are not junk forwards!Are they? Just came across a random WhatsApp forward (made of lot of sense to me though) which basically talked about all the negative news that people wondered and pondered on and delayed their investments into the markets, thinking all the way that lets wait, this may not be the right time to enter the markets ...

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Investment Basics

How to select a mutual fund scheme smartly keeping in mind all parameters

Mutual fund is one of the most common investment avenues for a common man today. Though mutual funds offer several advantages to investors, such as – professional management, liquidity, diversification etc, however, selecting a suitable mutual fund scheme to match your needs can be tricky. Here are a few tips to help you to invest in a mutual fund scheme in order to match your financial requirements ...

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Distributor Corner

Q&A with Ankor Thakore on Digital Dost

In what way does Digital Dost build on existing AMC-driven distributor portals to offer an enhanced user experience to IFAs? What are the key IFA requirements that were highlighted when you did your study prior to building the Digital Dost platform? Today, technology has become a universal aspect of each and every element of mutual fund operations – be it transaction processing, fund management, customer service or distribution.

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Fund of the month

L&T Tax Advantage Fund

Tax Saving & Wealth Creation. Aim at 2 targets with L&T Tax Advantage Fund. Give your money an opportunity to grow and save on tax at the same time. Invest in the L&T Tax Advantage Fund - an open-ended equity linked savings scheme (ELSS) to maximise your savings. You could also invest in a monthly SIP so that by the end of the financial year, you would have already prepared for your taxes.

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updates

Service Updates

Link your investments with Aadhar now!

The Prevention of Money Laundering Act (PMLA) Rules, 2017 has made it mandatory for customers to update their Aadhaar number for all financial accounts including mutual funds. To update your Aadhaar number for the following, simply click on the respective links and follow the steps ...

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Did You Know?

Aadhaar mandatory for mutual fund investments from January 1, 2018: AMFI

In line with the Ministry of Finance rules on prevention of money laundering, Aadhaar has been made mandatory for mutual fund investments with effect from January 1, 2018. In an email communication, AMFI has said that no new folios can be opened from January 1, 2018 if Aadhaar is not provided at the time of making an investment in mutual funds. AMFI has also directed fund houses to ensure linking of Aadhaar details with existing folios before December 31, 2017.

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L&T Tax Advantage Fund - An open-ended equity linked savings scheme

The product is suitable for investors who are seeking*:

  • Long term capital growth
  • Investment predominantly in equity and equity-related securities

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.