Mutual Funds

Founded in 2024, HiikCreddix has grown to become one of India’s leading mutual fund distributors, with a widespread presence across the nation. Our goal is to democratize wealth creation by empowering individuals through our vast network of financial products. We provide our customers with a comprehensive platform offering a diverse array of products and solutions, carefully curated to meet their unique investment needs. Guided by our founders’ vision, we prioritize our investors’ interests through a steadfast commitment to need-based selling and timeless wealth management principles.

HiikCreddix as a Mutual Fund Distributor we provide NSE (National Stock Exchange) platform, to facilitate investments in mutual funds which have Key benefits like Investor friendly,real time updates,low cost,expert advice and diversified portfolio.

Click ‘Invest’ to start your mutual fund journey today! Simple, secure, and hassle-free

Welcome to HiikCreddix, Your Partner in Wealth Creation

HiikCreddix is the seasoned AMFI registered Mutual Fund Distributor (ARN: 306816.) We empower individuals and institutions to achieve their financial goals through a comprehensive range of investment services. Our expertise spans across various investment avenues, including:

– Mutual Funds: Diversified investment portfolios managed by experts
– SIP (Systematic Investment Plan): Disciplined investing for long-term wealth creation
– SWP (Systematic Withdrawal Plan): Regular income streams from your investments
– Lumpsum: One-time investments for instant diversification
– STP (Systematic Transfer Plan): Flexible transfers between schemes for optimal returns

Our team of experienced professionals provides personalized guidance, helping you navigate the complex investment landscape and make informed decisions. With HiikCreddix, you can:

– Achieve long-term financial goals through disciplined investing
– Diversify your portfolio to minimize risk
– Enjoy liquidity and flexibility in your investments
– Benefit from expert management and research-driven insights

Experience the HiikCreddix Difference

– Unbiased advice and transparent dealings
– Customized solutions tailored to your needs
– Regular market updates and portfolio monitoring
– Access to top-performing schemes and funds

Start Your Investment Journey Today

What are Mutual Funds

Mutual Funds are a type of investment vehicle that pools money from many investors to invest in a diversified portfolio of assets, such as stocks, bonds, and other securities. By investing in a Mutual Fund, individuals can benefit from:

1. Diversification: Spreading investments across various assets to minimize risk.

2. Professional management: Experienced fund managers handle investment decisions.

3. Convenience: Investors can access a broad portfolio with a single investment.

4. Economies of scale: Lower costs due to pooled resources.

5. Shared ownership: Investors share profits and losses proportionally.

Advantages of Mutual Funds

the advantages of investing in Mutual Funds! You’ve covered the key benefits, including:

1. Diversification: Spreading risk across various assets to minimize market volatility.

2. Professional Management: Experienced fund managers making informed investment decisions.

3. Liquidity: Easy buying and selling of fund units, providing flexibility.

4. Tax Benefits: ELSS mutual funds offer tax savings under Section 80C.

5. Affordability: Mutual funds cater to investors with varying capital levels, making them accessible to all.

6. Safe Investment: Regulated by SEBI, ensuring a stable and secure investment option.

What are the types of Mutual Fund investments?

comprehensive list of Mutual Fund types! You’ve covered various categories, including:

1. Asset Class:

– Equity Funds

– Debt Funds

– Money Market Funds

– Hybrid Funds

2. Investment Goals:

– Growth Funds

– Income Funds

– Liquid Funds

– Tax Saving Funds

3. Structure:

– Open-ended Funds

– Closed-ended Funds

– Interval Funds

4. Risk:

– Very Low-Risk Funds

– Low-Risk Funds

– Medium Risk Funds

– High-Risk Funds

5. Specialised Mutual Funds:

– Sector Funds

– Index Funds

– Funds of Funds

– Emerging Market Funds

– International/Foreign Funds

– Global Funds

– Real Estate Funds

– Commodity-focused Stock Funds

– Market Neutral Funds

– Inverse/Leveraged Funds

– Asset Allocation Funds

– Gift Funds

– Exchange-Traded Funds (ETFs)

Factors to consider when Investing in Mutual Funds in India

Factors to consider when investing in Mutual Funds in India! You’ve highlighted the importance of:

1. Identifying Investment Goals:

– Understanding your objectives (e.g., growth, income, or capital preservation)

– Aligning your goals with the appropriate asset class (equities, bonds, or a mix)

2. Considering Time Horizon:

– Matching your investment horizon with your goals

– Long-term goals: growth-oriented equity funds

– Mid-term goals: balanced portfolio

– Short-term goals: stability-focused bond funds

3. Assessing Risk Tolerance:

– Evaluating your comfort level with market volatility

– Choosing a conservative or aggressive approach based on your risk tolerance

By considering these factors, investors can make informed decisions that align with their financial objectives and risk appetite. This will help them navigate the various Mutual Fund options and create a tailored investment strategy.

Are Mutual Funds taxable?

Taxation of Mutual Fund Investments

Investing in Mutual Funds can generate two types of returns: capital gains and dividend income, both of which are taxable in the hands of the investor.

Capital Gains

– Arise when an investor sells Mutual Fund units

– Depend on the holding period (short-term or long-term) and asset type

– Equity Mutual Funds:

– Short-term: less than 1 year (12 months)

– Long-term: over 1 year

– Debt Mutual Funds:

– Until March 31, 2023:

– Short-term: up to 3 years (36 months)

– Long-term: over 3 years

– From April 01, 2023:

– Capital gains from Debt Mutual Funds (with up to 35% equity investment) are considered short-term, regardless of holding period

Dividend Income

– Received in proportion to units held at the time of dividend announcement

– Distributed by companies to investors when they earn a surplus

Note: Tax rates and regulations are subject to change, so it’s essential to consult a tax professional or financial advisor for personalized guidance.

Fund Type	Short-term capital gains	Long-term capital gains
Equity Funds	15% cess + surcharge	Any gain above Rs 1,00,000 in a financial year is taxable 10% + cess + surcharge
Hybrid Equity-oriented Funds
Debt Funds (Purchased before April 01, 2023)	Taxed at the investor’s income tax slab rate	20% with indexation + cess + surcharge
Hybrid Debt-oriented Funds (Purchased before April 01, 2023)
Debt Funds (Purchased on or after April 01, 2023)	Taxed at the investor’s income tax slab rate	NA
Hybrid Debt-oriented Funds (Purchased on or after April 01, 2023)

Equity funds/Equity oriented funds STT should be paid at the time of sale. In case it is not paid, short term capital gains are taxable at slab rate and long term capital gains are taxable at 20% plus surcharge and cess.

Tax on Dividend* Income received from Mutual Funds:

From April 1, 2020, Mutual Fund dividends are taxable in the hands of investors. The dividend income is taxable under the head “income from other sources” at the applicable income tax slab rate for the financial year
In addition to such a taxation, the distributor of dividend* income must deduct TDS (tax deducted at source) at a rate of 10%. However, TDS will not be deducted if the total dividend paid by the distributor during the financial year is less than Rs 5,000
If the investor fails to provide the PAN to the distributor ,TDS will be deducted at a rate of 20%
For Non-Resident Individuals, TDS is required to be deducted at the rate of 20% subject to the Double Taxation Avoidance Agreement (DTAA), if any.

*As per the Securities and Exchange Board of India’s (SEBI) circular, ‘Dividend Plan’ is renamed as ‘Income Distribution cum Capital Withdrawal Plan’ or ‘IDCW Plans’ with effect from April 1, 2021 .

Advantages of Mutual Funds

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