Table of Contents : Association of Mutual Funds (AMFI)? Objectives of AMFI Know About AMFI Registration Number Members of AMFI List of Best Mutual Funds to Invest in 2019 Association of Mutual Funds (AMFI) is a government-led organization in India that works as a one-stop destination for any issues that an investor may have…
A bank balance of Rs 1 crore is tempting to any salaried individual or a middle class person. But, the question is how to become a Crorepati? Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1…
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…
A focused fund is an equity mutual fund scheme which invests at least 65% of its total assets in a limited number of stocks, thereby concentrating its focus. As per the guidelines issued by market regulator SEBI (Securities and Exchange Board of India), a focused fund can invest in a maximum of 30 stocks, unlike…
When it comes to investing your money, mutual funds is the most attractive option. However, since you put in your money to earn more, there are higher chances that you would be welcoming higher risk for yourself. To avoid much harm caused by fluctuations in the market, it is suggested that you analyse all the…
Table of Contents : Explained: Fixed Income Investments Fixed Income Investment Products Exchange Traded Funds Debt Funds Money Market Funds Taxation Risks involved Top Fixed Income Plans Investment that intend to provide investors with a fixed income in the form of interest or dividend is basically referred to as Fixed Income Investment. Additionally, fixed income…
As the name states, investment tools that allow you to invest in international markets are referred to as Global Mutual Funds. Mutual Funds or Exchange Traded funds that primarily invest in companies across the globe are called Global Mutual Funds. It is important to note that there is a huge difference between Global Mutual Funds…
A New Fund Offer (NFO) refers to the introductory offer of a scheme by an asset management company. A New fund offer is raised when a fund is launched, which helps the firm raise capital for purchasing securities. An investor can subscribe to an NFO only within a limited time period; hence, NFOs are functional…
Selling your funds at a profit brings along the liability of payment of capital gains tax. If your holding period is 3 years or less, the earnings are characterized by short term capital gains (STCG), in which case no exemption on tax is granted. However, if your holding period is more than 3 years, the gains…
Mutual funds are a great investment option for people who wish to grow their money over a period of time. Whether investors are looking for capital gains or seeking regular income, they can choose to invest in a wide range of mutual funds. No matter what your financial goal is, there is a scheme out […]