A mutual fund is a collection of stocks, bonds and other such investment funds owned by a group of investors that are managed by professional money managers. It depends upon the mutual fund’s investment objective as to what type of securities it would buy. A mutual fund in India focuses on specific types of investments.
ICRA had downgraded some of the debt funds of HDFC, Birla and UTI due to their large exposure to a subsidiary of IL&FS. The problem was quite unique. The IL&FS subsidiary was not exactly a cash-crunched company but had enough cash flows in its books. However, it sought protection in the blanket immunity given to
In line with the growth in the mutual fund industry that is witnessing transformation day-by-day, we at Tradeplus launched full version of mobile app for android users https://cutt.ly/infinimf with comprehensive features for easy and quick investment. The app is user-friendly and with the app in your mobile, you take complete control of your Mutual Fund Investment
When you select an equity or debt fund to invest in, there is also a choice between growth and dividend plans. There is also the dividend reinvestment plan but that is not too popular. The choice is normally between a growth plan and a dividend plan. For example, if a fund has a NAV of
In the last Board meeting of the Securities and Exchange Board of India (SEBI), the concept of Side-pocketing was permitted for the first time. What exactly is side pocketing and how does it help mutual fund. Typically, debt funds hold an array of debt securities in their portfolio which include government debt, state government paper,
Equity linked savings schemes (ELSS) are equity funds with a 3 year lock in which also give you benefit under Section 80C of the Income Tax Act. There is an outer limit of Rs.1.50 lakhs on Section 80C of which ELSS funds are one of the items of investment. The beauty of the ELSS is
Tradeplus has revolutionized the way you invest in Mutual funds. Offering you an option to invest in DIRECT mode where you pay zero commissions and add almost 1% per anum to your returns. Our Web and Mobile MF investment platform offers Flexi SIP, NRI Mutual Fund investment, Conditional orders and complete portfolio reports. There are