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StockHolding mutual fund

Mutual Funds are ideal for investors who have diverse investment goals. StockHolding is an AMFI Registered Mutual Fund Distributor having ARN No. : 0017. StockHolding ARN registration date is 13th April 2007 and is valid till 18th February 2027. StockHolding offers ‘Execution based services’ only

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What is an ELSS Fund

Equity Linked Savings Schemes (ELSS) are tax saving mutual funds. ELSS funds provide dual benefits for its investors of capital appreciation and tax saving. ELSS mutual funds come with a lock in period of three years. Investors are allowed to claim tax deductions under Section 80C of the Income Tax Act, 1961 up to Rs. 1.5 lakh in a financial year.

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Advantages of Investing in ELSS Funds

  • Shortest lock-in:
    ELSS has the shortest lock-in period of three years. Tax-saving fixed deposits have a five-year lock-in, while PPF has a 15-year maturity. All in all, ELSS offers more liquidity in the medium term.

  • Potentially higher returns:
    Unlike ELSS where return is market linked, other 80C investments like PPF or FDs are fixed income products. ELSS has the potential to generate significantly higher wealth in a medium to long-term investment horizon.

  • Better post-tax returns:
    Long Term Capital Gains from ELSS are tax free up to limit of Rs.1 lac. Gains over 1 lac attracts a tax rate of just 10%. Lower tax rates, coupled with higher returns ensure the best post tax returns.

  • Regular investing is hassle-free and convenient:
    It is easy to invest in ELSS funds through a monthly SIP.

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Who can invest in an ELSS Fund

To invest in an ELSS, an individual must be KYC compliant. ELSS works very well for Salaried Individuals as apart from the upside of higher returns, they can also avail tax benefits under Section 80C of the Income Tax Act. That said, ELSS is also suitable for those who are open to short term risk and can stay invested for a long time for better returns.

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Section under which you can save tax for ELSS Fund

ELSS Funds are a class of mutual funds that are eligible for tax deductions under the provisions of Section 80C of the Income Tax Act, 1961.

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Tenure for investing in ELSS Funds to claim exemption

ELSS Mutual Funds have a lock-in period of 3 years.

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How to invest in an ELSS Fund

You can choose to invest through SIP (enjoy the additional benefit of Rupee Cost Averaging) or through a Lump-sum investment. You can choose either the Online or the Offline mode of investment.

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Invest through eMF

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Invest through FundFinder

Invest through FundFinder

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


Escalation Matrix :

Escalation Level Contact detail Email id Timelines for resolution
Level 1 022-61778501-04/07, 022-27785304/12 -14 customercare.services@stockholding.com Within 30 days from grievance date on best effort basis.
Level 2 MF_Product_Team@stockholding.com

It is important to understand the Mutual Fund type and their features. Mutual Fund types can be classified based on the following characteristics.

Based on Asset Class

  • Equity Funds
  • Debt Funds
  • Money Market Funds
  • Hybrid Funds

Based on Structure

  • Open-ended Funds
  • Closed-ended Funds
  • Interval Funds

Based on Investment Goals

  • Growth Funds
  • Income Funds
  • Liquid Funds
  • Tax-Saving Funds

Various type of Mutual Funds exist to cater to different needs of different people. Largely, they are of three types.

Equity or Growth Funds

  • These invest predominantly in equities i.e. shares of companies
  • The primary objective is wealth creation or capital appreciation.
  • They have the potential to generate higher return and are best for long-term investments.
  • Examples would be

    • “Large Cap” funds which invest predominantly in companies that run large established business
    • “Mid Cap” funds which invest in mid-sized companies.
    • “Small Cap” funds that invest in small sized companies
    • “Multi Cap” funds that invest in a mix of large, mid and small sized companies.
    • “Sector” funds that invest in companies that are related to one type of business.

    For e.g.Technology funds that invest only in technology companies

    • Thematic” funds that invest in a common theme. For e.g. Infrastructure funds that invest in companies that will benefit from the growth in the infrastructure segment
    • Tax-Saving Funds

Income or Bond or Fixed Income Funds

  • These invest in Fixed Income Securities, like Government Securities or Bonds, Commercial Papers and Debentures, Bank Certificates of Deposits and Money Market instruments like Treasury Bills, Commercial Paper, etc.
  • These are relatively safer investments and are suitable for both Capital Protection and Income Generation.
  • Example would be Liquid, Short Term, Floating Rate, Corporate Debt, Dynamic Bond, Gilt Funds, etc.

Hybrid Funds

  • These invest in both Equities and Fixed Income, thus offering the best of both, Growth Potential as well as Income Generation.
  • Example would be Aggressive Balanced Funds, Conservative Balanced Funds, Pension Plans, Child Plans and Monthly Income Plans, etc.

SIP

Systematic Investment Plan (SIP) helps you build wealth, step - by - step, over a period of time. SIP can be started for as low as Rs. 500 per month and gives you the benefit of the power of compounding and rupee-cost averaging. SIP payments can be automated by providing an online mandate.

LUMPSUM

Lump-sum allows you to invest in a Mutual Fund by paying a bulk amount. There is no compulsion to buy units at regular intervals or for any fixed amount if you wish to reinvest in the same fund.

FundFinder is a paperless and Intelligent Online Mutual Fund Investment Platform for seamless investment, management and monitoring of all Mutual Fund investments at one place. The platform is completely user-friendly and helps you to invest, redeem or switch your Mutual Fund holdings at a click of the button. The auto-risk-profiler feature guides you to an ideal asset allocation basis which you get to invest in top ranked Mutual Funds according to your requirement.

FEATURES

Completely paperless

Get ready to invest in 5 minutes, after completing online KYC.

SIP Auto Payments

Mandate done on a single click and enjoy the power of auto SIP.

Family accounts

Manage portfolio of family member's under single profile and track all investments seamlessly.

On-board previous investments

In just one click, get all your existing Mutual Fund investment under one roof. Hassle-free monitoring and redemption of previous investment can be done in one click too. The system also calculates yearly returns on Mutual Fund investment and provides a health score for the investment.

Robotic Advisory

Avail of a powerful feature where a software suggests an ideal investment basket based on your risk profile.

Click here

Enjoy the ease of seamless investment with e-MF through StockHolding. It allows you to invest in Mutual Funds 24 x 7 on a click using a Common Account Number (CAN). This unique number maps all your Mutual Fund folios from various fund houses, consolidating all your investments at one place. Furthermore, it allows transactions in multiple schemes across fund houses by making a single consolidated payment and eliminating the need to fill-new account opening forms for every mutual fund.

Benefits

  • Simplicity

    Mutual Funds are easy to understand and invest in.

  • Accessibility

    Can be bought by filling an online form or visiting any of our branches

  • Diversification

    Mutual Funds have broad market exposure. Hence risk can be minimised

  • Professional Management

    Since a team of expert fund managers work to manage your portfolio, you can breathe easy

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The StockHolding Advantage

StockHolding
Pan India presence
StockHolding
Robust Branch network
StockHolding
Wide product range
StockHolding
Professionals with strong
domain knowledge
StockHolding
Quality service