Diwali is just around the corner and the festive mood is in the air. To a lot of people, Diwali means shopping. While some people spend hours getting the perfect clothes, others get their homes renovated, select gifts or get their routine shopping done. For instance, let’s assume that you spend Rs. 3 lakh in…
Table of Content: Role of AMFI in a Mutual Fund What are the Rights of AMFI AMFI Registration Number Why Should Investors Know About ARN How to Register or Renew the New ARN Online Mode Offline Mode Objectives of AMFI Members of AMFI Association of Mutual Funds (AMFI) is a government-led organization in India…
Axis Mutual Fund AMC, one of India’s leading mutual fund houses, has announced the launch of its Axis Muticap Fund, according to a recent Hindu Business Line report. The new equity scheme would be a diversified open ended equity scheme with investments across the entire market cap spectrum. Axis Mutual Fund AMC is expected to […]
We live in an age of sky rocketing prices for not only big ticket items like cars and homes, but even basic necessities such as food and clothing. In such a situation, the ability to generate savings using constrained resources is truly a skill worth acquiring. With respect to how much savings will be enough, […]
When it comes to investments, a majority of Indians tend to focus their attention of government-backed options such as PPF, NPS, NSC, bank fixed deposits and others. But these options though perceived to feature a lower risk, also offer potentially lower returns. This is where mutual fund investments score over the traditional investment options and […]
Mutual funds which is one of the best investment options is highly popular among Indians including non resident Indians (NRIs). However, there is often a confusion if NRIs can invest in mutual funds in India or not. This article aims to answer all such queries. NRIs can invest in mutual funds in India. Infact, the…
हिंदी में पढ़े A diversified fund invests in equities and equity related instruments irrespective of their market capitalization or sectoral affiliation. A diversified fund has the flexibility to increase or decrease its exposure to large-caps, mid-caps, and small-cap investments depending on the fund manager’s perception of the market conditions and future market expectations. Given below…
