Mutual fund investments are an attractive option for those who are looking for a low-risk approach to investing and diversification. Mutual funds are professionally managed and contain a portfolio of stocks, bonds, or other securities. They are managed by investment companies, who maintain the portfolio to align with market conditions and make decisions for buying and selling. Mutual funds allow investors to enjoy the potential of diversifying their portfolio, reducing their risk, and achieving higher returns than those from single investments. Mutual funds also tend to have lower minimum investments…
Read MoreCategory: Mutual fund
Mutual Fund is a financial instrument, which gives a platform to invest in equity, bonds, money market, and other assets. In a Mutual Fund, many investors invest their hard-earned money with help of fund managers. Mutual Fund accepts money from investors and invests their money in stocks, debt, and other assets according to investors’ objectives. Funds are managed by professional fund managers. Mutual fund portfolio classified and managed according to the investment objectives, which describes in the mutual fund’s prospectus.
Invest in ELSS to save tax under Section 80C
Every taxpayer wants to save tax as income tax for their income. There are many ways to save tax according to income tax act 1961. The most common way to save under section 80C up to 1.5 lac per annum, like Employee’s share of PF contribution, NSCs, Life Insurance Premium payment, Children’s Tuition Fee, Principal Repayment of home loan, Investment in Sukanya Samridhi Account, ULIPS, ELSS, Sum paid to purchase deferred annuity, Five year deposit scheme, Senior Citizens savings scheme, Subscription to notified securities/notified deposits scheme, Contribution to notified Pension…
Read MoreSovereign Gold Bond in 2022
The RBI Declare SGB IX Tranche price 4786 per gram(4736 FOR ONLINE), which will be open from subscription from 10th Jan 2022 to 14 Jan 2022. SGB Issuance date will be 14th Jan 2022. Subscribers will get discount for ₹ 50 per Gram. This is a best option to invest in gold for a longer period. Sovereign Gold Bonds (SGB) are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed…
Read MoreHDFC Multi Cap Fund – NFO
An open ended equity scheme investing across large cap, mid cap & small cap stocks. The investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies. At HDFC AMC, We largely focus on medium to long term play to minimize inherent risk in the operating environment bon out of volatilities in businesses and economies across the world. Investment philosophy for equity oriented investments based on the conviction that stock prices reflect…
Read MoreMutual Fund – Grow Your Money
Mutual Fund is a financial instrument, which gives a platform to invest in equity, bonds, money market, and other assets. In a Mutual Fund, many investors invest their hard-earned money. Mutual Fund accepts money from investors and invests their money in stocks, debt, and other assets according to investors’ objectives. Funds are managed by professional fund managers, who generate income or capital gain for the investor’s fund. Mutual fund portfolio classified and managed according to the investment objectives, which describes in the mutual fund’s prospectus.
Read MoreSBI BALANCED ADVANTAGE FUND
5 Reasons why choose SBI Balanced Advantage Fund #1 Dynamic Allocation Edge SBI Balanced Advantage Fund offers the flexibility to invest across asset classes dynamically. Basis several parameters, the fund manager will have complete flexibility to maneuver assets in the range of 0 – 100% across asset classes. This will help the Fund Managers in arriving at the optimal mix of assets with the aim of achieving risk-adjusted returnsScheme Structure to derive multiple benefits to the investor – Particulars % Allocation Range Equity & Equity related instruments 0% – 100%…
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