ELSS (Equity Linked Savings Scheme) Mutual funds are a type of mutual fund that primarily invests in equity and equity-related instruments (more than 80%) and also offers tax savings with the lowest lock-in period. Lock-in Period ELSS funds have a mandatory lock-in period of three years, which is the shortest among all tax-saving instruments under […]
Mutual funds offer schemes for varied investment objectives and risk appetites and each category fulfills a unique role in an investor’s portfolio. Let us check the different types of mutual funds available. AMFI Fund categorization As per SEBI guidelines on Categorization and Rationalization of schemes issued in October 2017, mutual fund schemes are classified as
What are the different types of mutual funds and how they are categorized? Read More »
A mutual fund redemption request is the request to withdraw units (amount) from your mutual fund investments. Things to consider while submitting a redemption request. Mostly financial needs and sometimes our sentiments (fear) owing to certain market situations drive the redemption request. There are some essential things to keep in mind while submitting a redemption
What is the process of mutual fund redemption and how to approach redemption? Read More »
A mutual fund is one of the preferred products to invest in the equity market for the possibility to earn substantial returns. Invest in mutual funds for probability of better returns from equity market. But mere investing in mutual funds does not really guarantee higher returns and the creation of wealth. As an investor, you
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How to choose Debt Mutual Funds. Debt Mutual Funds are a set of schemes that generate income by investing primarily in fixed income instruments like govt and corporate bonds and other money market securities. These are not linked to the equity market and are considered less risky compared to Equity Mutual Funds. Syncing debt mutual
How to choose Debt Mutual Funds to match the time horizon of your financial goals? Read More »
