Dividend refers to the part of the profit which a company shares with its shareholders. A dividend yield fund is a mutual fund which invests in shares/stocks of companies that pay high dividends. Since companies can afford to pay high dividends only if they have substantial profits to distribute, typically dividend yield funds tend to…
Retirement planning involves the process of determining retirement income goals and deciding the necessary means to achieve those goals. The long-term nature of retirement planning makes mutual funds a good fit for meeting retirement income goals. However, tactical plays like sector or thematic funds cannot work because of high volatility risk. Nor can narrowly defined…
A Systematic Investment Plan or SIP invests a fixed amount in a mutual fund every month. SIPs have become a hugely popular mode of investment with a monthly SIP flow of around Rs 8,000 crore in March 2019, accounting for almost 55% of total gross inflows into equity funds. Here is our list for top…
Table of Contents:: What are dividend mutual funds? Types of Dividend Mutual Funds Top 3 Dividend Yielding Mutual Funds in India Benefits and Drawbacks of Dividend Funds Dividend Yielding Debt Mutual Funds Tax Treatment of Dividend Yielding Mutual Funds Dividend Reinvestment and Dividend Sweep FAQs What are Dividend Mutual Funds? Dividend yielding mutual funds basically…
ETFs or Exchange Traded Funds are a type of pooled investment funds which invest in diversified securities such as equities, bonds, commodities that track an underlying index. An ETF passively tracks an index like the Sensex or Nifty by holding securities in the same weights as the Nifty/Sensex. ETFs can be traded anytime in the…
Equity Linked Saving Scheme (ELSS) or Tax Saving Mutual Funds are eligible for tax deduction under Section 80C of the Income Tax Act, 1961. Their high returns and short lock-in make them one of the most popular tax-saving options under Section 80C. ELSS funds are required to invest at least 80% of their assets in…
India’s top performing mutual funds are poised to deliver strong returns to investors in 2019. Valuations in many categories have reached attractive levels after the market correction in 2018, opening up opportunities for fund managers. Here are top 5 performing mutual funds to invest in 2019. Fund Name Category AUM 3 Year Return 5 Year…
GPF or General Provident Fund is a savings scheme available to government employees. EPF or Employees’ Provident Fund is a savings scheme available to employees in companies with more than 20 workers. PPF or Public Provident Fund is available to everyone – whether employed, self-employed or unemployed. Criterion GPF EPF PPF Eligibility Only govt employees…
Since mutual funds are a market-linked product, all of them invariably carry a risk element. However, the magnitude of risk involved fluctuates widely depending on the type of the fund. On one hand, liquid funds invest in short-term debt and carry low risk, while sector funds, on the other hand, target individual sectors and have a…
In her maiden budget speech, the finance minister, Nirmala Sitharaman, while presenting Union Budget 2019, has announced for a number of changes to the National Pension System (NPS) scheme. National Pension System is a government-backed pension scheme which voluntarily pools resources and invests in various securities including equity, corporate bonds and government bonds. Here is…