Mutual Funds Sahi Hai
One can’t miss the “Mutual Funds Sahi Hai” campaign, if one has been watching TV regularly. It is a glamorous campaign with an array of top cricket stars. The Mutual Funds Sahi hai campaign has been going on for many years now. It has definitely brought mutual Funds into focus amongst the common man. It has some role to play in the perception that Mutual funds are a legitimate asset class. The mutual funds sahi hai campaign has made investments in mutual funds aspirational and probably a necessary part of many portfolio.
Mutual Funds a popular asset class
Mutual Funds were a relatively exclusive product a decade or so back. A few years back mutual funds were seen as unsteady and risky products. They were either clubbed with shares or chit funds. Now, fortunately, they have made their way to regular portfolios as a genuine asset class. The Mutual Funds Sahi Hai campaign has helped a lot in consumer awareness. It has definitely made marketing of Mutual Funds easier.
Information on Mutual Funds
The website is a well laid out site with information on types of mutual funds. The various aspects of Mutual Funds in the site include
- Return Calculators
- Information on SIPs
- Funds performace over the years
- General quesries on Mutual Funds
- Information on Equity, Debt, Liquid, Hybrid funds
- Information on taxation in schemes
among other things
Mutual Funds Schemes Comparision
There is a useful link to the AMFI India website showing the comparative performances of Mutual Funds schemes
Dividend Distribution Tax
However one big lacuna I found on the site is that the taxation page is not updated. As per the last budget, the dividend distribution tax that the mutual funds had to pay on paying out dividend, has been amended. now dividends are to be now taxed in the hands of investors as per their tax bracket. (https://www.financialexpress.com/money/income-tax/with-dividends-taxable-check-out-growth-funds/2047560/). The information has not been updated on the website.
If you are looking for infoirmation on mutual Funds in india, you can do worse than mutualfundssahihai.com.
Mutual Funds Sahi Hai!
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