According to the statistics 90% of total India's population is employed, bringing home a salary in the first week of the month. And if you're one of this 90 %, then it is highly recommended you to check out the best investment options, available in India, for a salaried person. According to various studies and researches, the average Indian middle-class person should save 30% of his or her earning to [...]
In the present day scenario, it is important to understand what are mutual funds. Also, which investment options are beneficial for future perspective. Taking the assistance of Mutual Fund Advisor in case of mutual fund investments will work more towards building wealth and living a healthy lifestyle. Many mutual fund advisors keep approaching you and recommend you invest in some funds. Are they professional person or company just hire them?. [...]
The Invesco India Mid Cap Fund Regular (Growth) is a dedicated Mid-Cap Category Fund. This plan was launched on 19th April 2007. Investment in Invesco India Mid Cap Fund is a moderately high-risk bet. It is suitable only for those investors who have a sound knowledge of investing. The Scheme has earned annualized returns of 9.37% for 3-years investment and 12.71% over 5-years. The AUM or the fund size of [...]
When investing in mutual funds, you become a part-owner in the portfolio of investment. The mutual funds categorise as open-ended and closed-ended mutual funds based on their structure. Also, how they are purchased and traded by investors. Let us understand how open-ended mutual funds differ from closed-ended mutual funds. Every mutual fund is started by a New Fund Offer (NFO). When an investor appeals for a mutual fund scheme during [...]
Reliance Tax Saver (ELSS) Fund The Reliance Tax Saver (ELSS) by RelianceMF was launched on Sep 21, 2005. Reliance AMC is one of the top 5 AMCs in India. The primary objective of the open-ended scheme is to create wealth over the long-term. The significant part of the Corpus is invested in equity and equity related instruments. Mr. Ashwani Kumar has been the fund manager since its beginning. He has [...]
ULIP vs Mutual Fund There are many investment options in the market from which we can choose anyone based on our preferences. Examples are ELSS, Mutual Funds, PPF, SIP, ULIPs, etc. We will be comparing ULIP vs Mutual Fund vs PPF on various parameters like liquidity, tax saving, returns, etc. Unit-Linked Insurance Plans (ULIP) are insurance policies that offer investors an insurance cover. Also, generate returns based on the investments [...]
SBI Mutual Funds Management Pvt. Ltd. has been serving millions of investors through their years of experience. With a wide system of over 222 service points across India. SBI has been trying to create trust among investors. SIP or Systematic Investment Plan is the best way to invest in Mutual Funds. The SBI SIP plan lets you save a certain amount regularly like weekly/monthly/quarterly. SBI SIP plan encourages regular savings. [...]
Gold Funds are a convenient way to invest in gold as an asset class without having to hold the commodity in a physical form. Gold Mutual Funds is a mutual fund that invests predominantly in gold bullion or gold-producing companies. These funds can be an ideal investment tool for anyone who wishes to protect their capital against inflation or political instabilities. Gold is considered one of the safest havens for investment [...]
Systematic Withdrawal Plan is used to cover your investment from a mutual funds scheme in a phased manner. Unlike lump-sum withdrawals, SWP permits you to withdraw money in portions. It can be observed as the opposite of SIP. In best SWP plans, you channelize your investments from a scheme to the savings bank account. It is one of the strategies to deal with market variations. With the Systematic Withdrawal Plan, [...]
Living in abroad country doesn't mean that a person cannot invest in mutual funds. They can easily invest in Indian mutual funds. Non-Resident Indian investors can opt for different kinds of investments including but not restricted mutual funds. They need to adhere to the FEMA ( Foreign Exchange Management Act ). A home country can offer one with diversifies a portfolio with a blend of debt and equity securities. Also, [...]
