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Samraat Jadhav2088 Answers  |Ask -

Stock Market Expert - Answered on Jun 04, 2024

Asked on - Jun 03, 2024Hindi

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Money
Kindly advise on following funds- 1sbi balanced advantage fund 2sbi equity hybrid fund 3Quant elss tax saver fund 4PGIM India elss tax saverfund
Ans: Here's an overview of the mentioned funds:

SBI Balanced Advantage Fund: This fund follows a dynamic asset allocation strategy, aiming to provide capital appreciation and income generation over the long term. It adjusts its equity and debt allocation based on market conditions, offering downside protection during market downturns. It's suitable for investors seeking a balanced approach to investing with lower volatility.
SBI Equity Hybrid Fund: As an equity-oriented hybrid fund, SBI Equity Hybrid Fund invests primarily in a mix of equity and debt securities to provide capital appreciation and income generation. It's suitable for investors with a moderate risk appetite looking for a blend of growth and stability in their investment portfolio.
Quant ELSS Tax Saver Fund: This fund falls under the ELSS (Equity Linked Savings Scheme) category, offering tax benefits under Section 80C of the Income Tax Act. Quant ELSS Tax Saver Fund primarily invests in equity and equity-related instruments with the potential for long-term capital appreciation. It's suitable for investors looking to save tax while participating in the potential growth of the equity market.
PGIM India ELSS Tax Saver Fund: Similar to Quant ELSS Tax Saver Fund, PGIM India ELSS Tax Saver Fund is an equity-linked savings scheme aiming to generate long-term capital appreciation while providing tax benefits. It invests predominantly in equity and equity-related securities across market capitalizations. It's suitable for investors seeking tax-saving opportunities with exposure to the equity market.
Before investing in any fund, it's essential to consider factors such as your investment goals, risk tolerance, investment horizon, and past performance of the fund. Additionally, consult with a Certified Financial Planner to ensure that the selected funds align with your overall financial plan and objectives. Keep in mind that past performance is not indicative of future results, and diversification is key to managing risk in your investment portfolio.
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Samraat

Samraat Jadhav2088 Answers  |Ask -

Stock Market Expert - Answered on Apr 02, 2024

Asked on - Mar 30, 2024Hindi

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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