The economy of any country depends on the infrastructure of that country. Therefore, it is always in the interest of the government to keep the infrastructure strong, to have the economy flourishing. So is the case in India. Here quite a significant part of the GDP is spent to strengthen roads/highways, railways, other modes of transport etc. Keeping these factors in mind, it makes sense to invest at least some [...]
Kotak Mahindra Asset Management Company Limited (KMAMC) is one of the premier financial institutions in India. India's first NBFC. It is a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL) and is the AMC (Asset Managing Company) to the Kotak Mutual Fund. Kotak Mutual Funds The objective of the Kotak Mutual Fund is to be an ethical market player of the Mutual Funds industry in India. It strives to offer [...]
The best mutual fund to invest is available in a variety. Mutual funds investments are being offered to meet the simple financial purpose of the investors. NAV explains the price of each fund per unit. The expense ratio will indicate how much amount of money one loses to charge every year. Here is the list of best mutual funds to invest in 2019. Pick up the fund from the list of [...]
Overview Those who're looking for a steady income invest in monthly income plan. MIP or monthly income plan is a scheme of mutual funds where most of the money is invested in debt instruments. Some of the aggressive monthly income plans invest 16-30% in the equity and the rest in debt. What is the process of investing in mutual funds There are majorly 2 types of monthly income plans: Aggressive [...]
Overview of mutual funds in India A mutual fund is a kind of investment in which money collects from the investors and invest that money on their behalf by the fund houses in India. Mutual funds in India are an ideal investment and are of various type. For example, Equity Mutual Funds, Income Funds, Balanced Mutual Funds, Debt funds and many more. Investors can pick a mutual fund scheme based on their financial purposes. [...]
HDFC Mutual Funds are currently ranked amongst the top 5 fund houses operating in India. Whatever your financial objective, HDFCMF has a plan for you. Be it Equity Mutual Fund, Debt Funds or Hybrid Funds, etc. Whether you want to invest in long-term, short-term, retirement planning, tax benefits or some other reason. This world-class Fund House offers best-in-class customer services to all its investors to take care of their queries [...]
Introduction In 1994, a joint venture was made between Aditya Birla Group and Sun Life Financial Inc. of Canada, creating ABSLMF-Aditya Birla Sun Life Mutual Funds/Aditya Birla Mutual Fund. With 20 years worth of experience, this fund deals in 4 main categories, namely: Equity funds Debt funds Income funds ELSS funds What is the process of investing in mutual funds Aditya Birla Mutual Fund: Top 5 funds Top 5 Aditya [...]
Overview DSP Blackrock is an association among a 150-year-old Indian financial firm, DSP group and the world's largest investment management firm Blackrock. It has over 2 decades of excellent track record in dealing with investment. It deals in the following instruments Equity funds Debt funds Hybrid funds International fund of funds Solution funds Must read on Mutual funds benefits Trailing returns of DSP Blackrock mutual funds Mutual Fund scheme 1-year [...]
What are UTI Mutual Funds? UTI Mutual Fund or UTI MF came into existence on 1st February 2003, being managed by UTI Asset Management Company Ltd. (UTI AMC). Where UTI AMC is a registered portfolio manager under the SEBI (Portfolio Managers) Regulations, 1993. Its field is to undertake portfolio management services and also act as the manager and marketer to offshore funds. The AMC was established on November 14, 2002. Bank of [...]
Overview SBI along with Amundi, a European asset management company, constituted this trust under the provisions of Indian Trust Act 1882. This trust launched SBIMF or State Bank of India Mutual Funds. It is registered under the Securities Exchange Board of India (SEBI). The main headquarter of SBI mutual fund is located in Mumbai. SBIMF (Mutual fund) management was the first one to start dealing in offshore funds. The main [...]
