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Many of us invest in the last week of March, all thanks to the pressure built up by the deadline called financial year end. For such last minute investors, tax saving triggers many of their investments. Though it is not a wise idea to base all your investments on the tenet of tax saving, it is prudent to consider tax planning while investing your hard earned money in the light of your financial goal. Here is how mutual funds help us save on tax front:
 

<p>Meet Rishi, a marketing professional who works at a big consulting company for his living. He was introduced to <a href="https://www.utimf.com/">mutual fund</a> investing by his childhood friend and colleague Ashley who works in the same firm. Rishi was fascinated by the stock market but was always wary about its ups and downs. That&rsquo;s when Ashley told him about SIP and its benefit. He liked the concept of rupee cost averaging and investing small.

<p>On a beautiful night in Goa, a sky filled with stars with a cool wind breezing past the sea shores, Anil looked worried. Isn&rsquo;t it unusual? Rhea promptly put her hand on Anil&rsquo;s shoulder and asked what bothered him. For years they had been planning this night and suddenly it didn&#39;t seem as enjoyable as it should be. Anil with a straight face replied, &ldquo;In a few years I will retire. Life has simply zoomed past us while we were busy working. We are so habituated to having a monthly income, what will happen when I retire?

<p>India is a young nation enjoying the favourable demographics that would have around 64% of its youth population in the working age group by year 2020. On the flip side, in 2050, India would see most of these young populations retiring or would be on the verge of retiring. India might witness a big socio-economic problem at hand if not planned appropriately. As per a report published in leading newspaper, almost 61% of India&rsquo;s elderly population will have no income security by 2050.

It’s been 5 years since Raj married his childhood love Maya. A gradual increase in expenses has been a concern for Maya, even after her conscious efforts of not falling prey to unnecessary expenses. But Raj doesn't give a heed to Maya’s worry and almost every Sunday morning there is a light tension in the air when they discuss about the weekly expenses. 

<p dir="ltr">When it comes to investing, needs of every investors may wary drastically. Few would wish to invest for shorter period and some would wish to invest for long-run. Similarly, few might wish to invest in low risk instruments while few might think otherwise. Want to invest as low as ` 500 or invest as high as ` 5 crore. Want to invest lumpsum one time or invest periodically using <a href="https://www.utimf.com/invest-in-sip/">SIP</a&gt;.

<p style="text-align:center"><img alt="Fixed Maturity Plan (FMP) - UTI Mutual Fund" src="/documents/media/image/FMP.jpg" style="width:100%;" /></p>

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As we enter the month of December we become just that bit more aware of ticking of time. The change of year beckons. It is customary to reminisce over the events of the year gone by. But remember that while value compounds over time; the actual passing of a year or a quarter matters very little if at all in the markets. This has been a good year for equity investors around the globe. The MSCI* All Country World Index is at a lifetime high.

Discussions in the investor fraternity tend to usually focus on markets, politics and money flow, with a few perfunctory hats doffed to topical issues such as the pollution in Delhi weather or the holiday season. This would, of course, be typical of the community, as a largely self-obsessed fraternity, focussed on the here and now and hence predominantly biased by an urban-centric view of the world.