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
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
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
Off late, the investment choice of investors has turned to Mutual funds. The abbreviation SIP lingers in the minds of all existing and new investors. It is good to see the Indian public’s growing interest in mutual funds investment. As a result, the mutual funds industry is witnessing a phenomenal growth. According to a report
Ever since the announcement of mutual funds, they have always been the first and best investment option for the investors.Their simplicity provides great benefit even for people new to trading to get started with investing. Below are some benefits of Mutual Funds that you need to know as an Investor. Professional Management The most important