INVEST IN MUTUAL FUNDS Archives

ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND

July 1, 2024July 9, 2024 Kunjbihari Kumawat

The ICICI Prudential Energy Opportunities Fund is an open-ended equity mutual fund launched by ICICI Prudential Mutual Fund. This fund is specifically designed to provide investors with long-term capital appreciation by investing in the equity and equity-related instruments of companies involved in the energy sector, which includes both traditional energy sources such as oil and gas, as well as new and renewable energy industries. Key Features: Type: An open ended equity scheme following the energy theme. Benchmark: Nifty Energy TRI. Investment Objective: The fund aims to generate long-term capital growth…

Start Your Investment Journey… with us

June 9, 2023June 9, 2023 Kunjbihari Kumawat

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…

Invest in ELSS to save tax under Section 80C

June 8, 2022June 8, 2022 Kunjbihari Kumawat

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…