Products Mutual Funds
Mutual fund is a suitable investment option for investors with limited knowledge, time or money. It offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.
Mutual funds are ideal for investors who want to invest in various kinds of schemes with different investment objectives but do not have sufficient time and expertise to pick winning stocks. Mutual funds give you the advantage of professional management, lower transaction costs, and diversification, liquidity and tax benefits
Small investments: With mutual fund investments, your money can be spread in small bits across varied companies. This way you reap the benefits of a diversified portfolio with small investments.
The pool of money collected by a mutual fund is managed by professionals who possess considerable expertise, resources and experience.
SIPs in best Mutual Fund help to curb unnecessary expenses and develop a disciplined approach towards investing
Mutual funds take advantage of their buying and selling volume to reduce transaction costs for their investors
Transacting in best Mutual Funds is as easy as trading in stocks on any market day.
Save taxes by investing in Best ELSS Mutual Fund schemes U/S 80C.
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The corpus of the fund is then deployed in investment alternatives that help to meet predefined investment objectives. The income earned through these investments and the capital appreciation realised are shared by its unit holders, in proportion to the number of units owned by them.
Some of the major benefits on investing in a mutual fund are: - Diversification - Professional management - Convenience - Liquidity - Variety of schemes and types - Tax benefits
Equity Funds - An equity fund is a mutual fund that invests principally in stocks. There are several types of equity funds like Diversified, Sector and thematic, Large-cap, Mid-cap, Small-cap, Multi-cap, Index funds etc. Equity Linked Savings Scheme (ELSS) qualifies for tax exemptions upto Rs. 1.50 Lakhs under section (u/s) 80C of the Indian Income Tax Act.
Debt Funds – These funds generates returns for the investors by investing in a mix of debt or fixed income securities such as Government Securities, Corporate Bonds, other debt securities of different time horizons.
Liquid Funds – These funds invests primarily in money market instruments like certificate of deposits, treasury bills, commercial papers and term deposits and focuses on maintaining liquidity and safety of the investments. Lower maturity period of these underlying assets helps a fund manager in meeting the redemption demand from investors.
Open-ended funds can be bought and sold at any time; they have no fixed tenure.
You can buy units of close-ended mutual funds only when a mutual fund company launches the fund. Once you buy them, you have to hold your investment for a fixed tenure.
A Systematic Investment Plan (SIP) is a convenient method of investing in mutual funds. Under this plan, an investor contributes a fixed amount towards the mutual fund scheme at regular intervals, and gets units at the prevailing NAV.
Investing in SIP offers two major benefits: - You can start investing with a small amount - You can average out your investment, as SIP involves buying units at different points of time and at different NAV levels.
Under a Systematic Withdrawal Plan (SWP), an investor redeems a fixed number of mutual fund units at regular intervals.
NAV stands for Net Asset Value of a mutual fund. This is basically the price of one unit of a mutual fund
As per SEBI rules mutual funds cannot guarantee you assured returns.
Yes, applicants intending to hold units in dematerialized form will be required to have a beneficiary account with a Depository Participant (DP) of the NSDL/CDSL and will be required to mention in the application form DP's Name, DP ID No. and Beneficiary Account No. with the DP, at the time of purchasing units.