HDFC Balanced Fund is now HDFC Hybrid Equity Fund

Equity Exposure Around 70%* Similar to HDFC Balanced Fund Underlying Portfolio No major change Click here to compare portfolio for May'18 and Jun'18 Performance Track Record Historical performance of HDFC Balanced Fund # Track Record of HDFC Balanced Fund for performance analysis Click here for detailed performance Fund Manager Chirag Setalvad Same as HDFC Balanced Fund Benchmark NIFTY 50 Hybrid Composite Debt 65:35 Index Same as HDFC Balanced Fund Number of units held by the investor Changed Unitholders of HDFC Balanced Fund have been alloted proportionate units of HDFC Hybrid Equity Fund in lieu of their units in HDFC Balanced Fund, such that their total investment value on the day of merger remains UNCHANGED Dividend Frequency Quarterly Same as HDFC Balanced Fund ^ Merger of HDFC Balanced Fund with HDFC Premier Multi-Cap Fund does not result in capital gains taxation as per prevailing tax laws * As per current investment strategy,which is subject to change.For detailed Investment Strategy and Asset Allocation Pattern please refer to Scheme Information Document. # Effective close of business hours of June 1, 2018, HDFC Balanced Fund merged with HDFC Premier Multi Cap Fund (HDFC Hybrid Equity Fund after changes in fundamental attributes). As the portfolio characteristics and the broad investment strategy of HDFC Hybrid Equity Fund is similar to that of erstwhile HDFC Balanced Fund, the track record/past performance of erstwhile HDFC Balanced Fund has been shown herein, in line with SEBI circular dated April 12, 2018 on performance disclosure post consolidation/ merger of schemes.     HDFC Hybrid Equity Fund is suitable for investors who are seeking *   To generate long-term capital appreciation/income Investments predominantly in equity & equity related instruments. The scheme will also invest in debt and money market instruments. Riskometer     * Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

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Bank FDs give you Negetive Real Returns

How inflation eats into your returns

General investors, however, may not gain so much. Income from fixed deposits is fully taxable. In the highest 30% tax bracket, the effective return from the fixed deposit is barely 4.8%. Given that inflation is at 5%, the real rate of return will be in the negative.

Investors can still gain from the hike in interest rates by opting for debt funds and fixed maturity plans. Though debt funds have not given very good returns in the past one year, analysts expect them to churn out decent returns in the coming months.

Debt funds and fixed maturity plans are also more tax efficient than fixed deposits. If held for over three years, the gains are treated as long-term capital gains and taxed at a lower rate of 20% after indexation. Indexation takes into account the inflation during the holding period and accordingly raises the acquisition price of the asset.

The raising of the acquisition price reduces the gain from the asset and thereby cuts the tax. In times of high inflation, the tax can be reduced to zero. In fact, there have been times when investors have claimed a notional loss due to high inflation. This loss can be adjusted against other taxable gains. Unadjusted losses can be carried forward for up to eight fiscals.

 

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Form Filling for PF Withdrawals

EPF (Employees' Provident Fund) is a retirement saving scheme wherein employees contribute 12% of their basic pay every month. A similar amount is contributed by the employers. The contribution together forms a corpus for employees' retirement.

There are different kinds of PF withdrawals available for the EPFO member — the PF final settlement, PF partial withdrawal and pension withdrawal benefit. The withdrawal from the EPFO before the completion of 5 years of continuous service is subject to tax. The principal, as well as the accrued interest, is subject to tax. Withdrawals as a result of unemployment owing to ill-health or termination do not attract tax.

If one chooses to transfer one's PF account towards the National Pension Scheme, then it will not attract tax when one makes a withdrawal. With the amendments in rules, subscribers to EPFO do not require attestation of their employers to make a partial or complete withdrawal. The subscribers should opt for seeding their Aadhaar card details with their UAN. EPFO has made allotment of UAN, i.e Universal Account Number, compulsory for all employees covered under the PF Act.

The EPF rules allow complete withdrawal of PF money when an individual retires from employment and when an individual remains unemployed for a period of 2 months or more. The state of unemployment for more than 2 months has to be certified by a gazetted officer. Partial withdrawal is allowed in cases such as marriage, education, purchase of land or construction of a house or home loan repayment.

The subscribers can fill the composite claims forms to a request for a partial or complete withdrawal. The attestation of the employer is not required if Aadhaar card details are seeded with UAN. Earlier, Form 19, Form 31 and Form 10C were used to make withdrawals. Recently, the composite claim form has replaced these forms. Instead of requiring UAN details of the employees, composite forms require the Aadhaar details of the employee. An individual can make withdrawal request either by submitting a physical application or an online application.

The steps for physical application of the form are

1) Download the composite form by visiting epfindia.gov.in under downloads dropdown option on Miscellaneous Tab. An Aadhaar-enabled composite form can be filled and submitted to the respective jurisdictional EPFO office without the attestation of the employer whereas the new composite claim (Non-Aadhaar) form shall be filled and submitted with the attestation of the employer.

2) The online submission for withdrawal form requires your UAN to be activated and the mobile number used for activating the UAN should be in working condition.

3) UAN should be linked with KYC, i.e Aadhaar, PAN and bank details along with the IFSC code.

The steps for online EPF withdrawal are:

1)Go to the UAN portal at unifiedportal-mem.epfindia.gov.in

2) Log in with your UAN and password and enter the captcha

3) Click on the tab "manage" and select KYC to check whether the KYC details like Aadhaar, PAN and bank details are correct and verified

4) After the KYC verification, go to tab online Services and select the option 'claim' from the drop-down menu. The screen shall display the member details, KYC details and other service details.

5) Click on the tab 'proceed for online claim' to submit the claim form.

6) In the claim form, select the claim you wish to apply for, i.e full EPF settlement, EPF part settlement or pension withdrawal.

While filing the online withdrawal claim, there are three options of forms

Only PF withdrawal (Form 19) – It is used to withdraw the entire accumulated PF amount, also known as final settlement.

Only pension withdrawal (Form 10C) – This form is used to withdraw only the pension amount. The pension amount is regulated by the Employee Pension Scheme, 1950 and the PF is regulated by the Employee Provident Fund Scheme, 1952

Part withdrawal of PF (Form 31) – This form is used for processing a partial withdrawal request.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com