What is close-ended mutual fund? In close-ended mutual fund investments a fixed amount of units that are sold and purchased on the stock exchange. They have a fixed maturity period. It works much more like an exchange-traded fund than a mutual fund. They are driven via NFO to gather money and then exchanged in the open market just like a stock. Though the value of the fund is based on [...]
Overview of Folio Number A folio number is a connected concept in the dictionary of Mutual Funds. Like a bank account number, it is a solitary number to identify your holdings with the particular mutual fund. The unique number differs from fund house to fund house. Only an existing investor is considered to have a folio number, not the new ones. While filling the form, a new investor should ignore [...]
Mutual Fund schemes in India have evolved over the years. As a result, the top-performing best dividend-paying Mutual Funds in the market keeps on changing. There are different rating methods in place to assess a mutual fund scheme, namely CRISIL, Morning Star, ICRA. These systems evaluate a mutual fund by various parameters like past returns, Standard Deviation, information ratio, etc. Remarkable rating systems also recognize the qualitative and quantitative factors [...]
Top balanced advantage funds are Mutual Funds that invest more than 65% of their assets in equities and the remaining assets in debt instruments to generate sufficient overall returns. The assets invested in equities and stocks give market-linked returns while the assets invested in debt instruments give fixed returns. Being a mixture of both Equity and Debt, investors should be very concerned when investing in these funds. The investors are recommended [...]
Open-Ended Mutual Fund can be bought and sold on demand. An open-ended mutual fund is an investment plan for a group of investors. It can issue and redeem shares at any time. The price at which the units (or you can say shares) are issued in an open-ended mutual fund can be redeemed depending on the Net Asset Value (NAV). Hence, the NAV of an open-ended fund reflects the fund’s [...]
What is an Index Fund? Several investors are aware of the benefits of expanding their portfolio across assets. Index funds often catch their eyes in this exploration as they refer to funds that invest in a broader market index – like the Sensex or the Nifty. All the stocks in these signs will find some representation in their investment portfolio. This probably ensures a performance identical to that of the [...]
The expense ratio is the yearly fee that fund houses charge their investors. It is charged especially on those schemes that are actively managed by the fund managers. It is charged as the percentage of your investments. The fund houses charge this ratio annually. It pays for the fund expenses, management fees, administrative fees, operating costs, and all other costs incurred by the fund. Transaction fees, or brokerage costs, as [...]
Introduction In India, there are two major stock exchanges – NSE or National Stock Exchange & BSE or Bombay Stock Exchange. BSE is the oldest stock exchange in Asia & NSE is the largest in the country. The National Stock Exchange (NSE) is a stock exchange set up in India. It was set up in November 1992, NSE was India's first fully automated electronic exchange with a nationwide presence. It [...]
First of all the decision has to be clear between ELSS Vs SIP. Equity Linked Savings Schemes (ELSS) is one of the various tax planning investment products eligible for deductions under Section 80C. Apart from investment value, dividend income and redemption proceeds are totally tax-free. While a Systematic Investment Plan (SIP) is an option to the traditional lump sum method of investment. In this article, we will discuss a difference between [...]
The size of the company is an important criterion when selecting equity portfolios. This is because, depending on the size of the company, the mutual fund portfolio would have its unique set of opportunities and risks. Thus this article on Best small and midcap fund will help you to know about them in detail. Best Small Cap Mutual Funds invest in stocks of small companies that have the potential for [...]
