Mutual Funds have become very popular investment options for individual investors because of the benefits they provide. Among the many advantages, the most important ones that attract investors to mutual funds are that Investors can Start with any amount (SIP as low as Rs. 500) Start automated monthly investments (SIP) Diversify into multiple stocks and other instruments like equity, debt, gold, etc. Invest without the need [...]
The Payment methods offered by banks are IMPS, NEFT, and RTGS. In this article, we will be comparing IMPS vs NEFT in detail. All three modes are used for transferring money electronically. So you simply need an internet connection and a mobile or laptop/system and you can quickly pay school fees, the premium for your life insurance policy, EMIs, or invest in mutual funds. It eases the process of financial [...]
Full-Form of ELSS The full form of ELSS ie Equity Linked Savings scheme makes it understandable that it is an equity mutual fund. Tax saving mutual funds that help you avail tax deductions are known as ELSS. These are saving alternatives under section 80C of the income tax act. These are meant to be mutual funds that people invest in throughout the year. But some people search for ELSS full [...]
Liquid fund is a type of debt fund that holds the least amount of risk, still, gets you the best returns possible. It invests your money in very short-term market instruments such as treasury bills, government securities, and call money. These funds can invest in instruments till maturity of 91 days. The maturity is frequently much lower than that. Let us know about liquid fund returns. Characteristics of liquids funds: [...]
Introduction A Robo advisory is a program that uses complex algorithms to research and analyze market trends to advise investors accordingly. Robo Advisors compare and evaluate mutual funds with different types of mutual funds to provide the best option to the clients. With the smallest effort from the investment managers, the software calculates data to generate reports on the type and duration of asset or security for investing. Robo Advisors [...]
About SLR According to the RBI, every bank must keep a portion of their wealth in the form of liquid assets like cash, gold or other assets. SLR is the ratio of these assets to the demand and time liabilities. This ratio could be increased by up to 40%. And so, this ratio will reduce the amount of money that is injected in the economy. The lower the ratio, the [...]
Understanding the concept of Pharma Mutual Funds Everyone visit hospital in a way or other to take health advice from a doctor at some point of time in life. Does anyone know that the medicines we take in, where are they manufactured and can we invest in them? These medicines are manufactured by some companies and we can invest in them by the process of the mutual fund. The types [...]
Mainly 3 types of investors in Mutual Funds. The first ones are the adventurous ones. They take big risks and choose Best Equity Mutual Funds for their investments. Next, are those who prefer to play it safe. They stick to Best Debt Funds that assures some returns while keeping the money safe. Lastly, there is the third kind who wants the best of both worlds. They invest in Best Hybrid [...]
Best Balanced Funds 2019 are those type of mutual fund which invests in both the debt and equity part of the market. This helps in decreasing the volatility of the portfolio. Balanced Mutual Funds helps the investors to achieve better post-tax returns and also guard them against inflation. For the purpose of taxation, balanced funds are categorized as equity mutual funds because they invest at least 65% of the money [...]
Mutual Funds can range from highly unpredictable small-cap mutual funds and sector-specific funds to extremely conservative liquid funds. Those who are new in mutual funds should go for relatively low-risk, high-quality funds. Investing in a sector-specific or small-cap fund can be potentially risky, especially when you encounter your first market correction. In this article, we are going to discuss the best mutual funds to invest in for beginners. Investing in [...]
