A short duration fund is an open-ended mutual fund scheme which invests in debt and money market instruments and has an investment duration of 1 year to 3 years. Considering the maturity period, these funds provide relatively low returns but also carry a low amount of risk. Table of Content: What are Short Duration Funds?…
Table of Contents : What is Growth Mutual Funds? Features Growth Funds Vs Growth Option Growth Funds v/s Value Funds v/s Dividend-Yielding Funds Who Should Invest? Taxation on Growth Funds List of Growth Mutual Fund Schemes A growth fund is a mutual fund which invests in the stocks of the companies which are expected…
Table of Contents : What are Medium to Long Duration Funds? Who should invest in this? Taxation List of Medium to Long Duration Funds What are Medium to Long Duration Funds? Medium to Long Duration Fund is an open ended mutual fund scheme which predominantly invest in debt securities with Macaulay duration ranging from 4…
Aditya Birla Sun Life Mutual Fund has launched a New Fund Offer (NFO) for Aditya Birla Sun Life Retirement Fund. The NFO period begins on February 19, 2019 and will close on March 05, 2019. The open-ended scheme aims to generate income and capital appreciation for its investors by investing in a mix of equity…
With the cost of education going up day by day, it has become extremely important to start saving at the earliest in order to lessen your financial burden at a later date. Funding your child’s higher education is definitely going to cost you a fortune, 10 years down the line. Hence, it is better you…
A New Fund Offer (NFO) is the first time subscription offer for a new mutual fund scheme launched by an Asset Management Company (fund house). An NFO period generally lasts for a few weeks. During this period, the units of the scheme are usually available at a NFO price of Rs. 10. However, the minimum…
