Tag: Mutual Funds
Mutual Funds are offer a safer investment option to beginners in the stock markets. They are a very good tool for wealth creation with equity exposure to the investment.
Mutual Funds are managed by professionnal fund managers. The fund managers are hired by Asset Management Companies (AMC).
AMCs charge nominal charges in the form of Entry Load from the investors. Entry Load is what you pay as investor for investing in Mutual Funds. Some companies also charge Exit Load also when you redeem your investment back. Entry Load and Exit Load is charged around 1% of the investment amount or redemption amount respectively.
Systematic Investment Plan or SIP is a method of investing in Mutual Funds regularly and systematically. SIP is better method of investing in Mutual Funds. As per current rules, SIP are free of Entry Load. However, you may be charged with Exit Load if you redeem your investment before one year of starting SIP or any other specified time period defined by the AMC.
Getting a Credit Card is not that difficult now-a-days. But how to use Credit Card responsibly is extremely important to know. Credit Card gives you the luxury of having cash available to you anytime. This luxury can ruin your finances if you don’t use your Credit Card fairly. You can …
It has been made mandatory to link AADHAAR number to mutual funds under the Prevention of Money Laundering Act (PMLA) rules 2017. The deadline has been fixed at December 31,2017. Here is quick guide to help you link aadhaar number to mutual funds portfolio. Most of the mutual funds are …
Stock markets have been on the roll. New highs are being hit continuously. Investors are looking for best mutual funds to invest in to ride the wave. The purpose of writing this article is to help you in selecting the best performing mutual funds at this time. Nifty has already …
If you invest in ELSS, you get the dual benefits of savings on income tax as well as higher returns on investment. Lock-in period of ELSS is also not very long. As the financial year nears its end, every individual or investor starts looking for tax saving options. An option …
We know how hard it is to make money in stock markets.It takes a lot of hard work in the form of research,mental toughness and fight with human emotions before you come out as a winner.You can’t just buy shares and later sell those shares and make money in stock …
Stocks make a great asset for investments. Making money in stocks is never that difficult as you think. Basic understanding, planning and discipline are the tools to success. Stock markets are very promising arena for investments.The reason is that markets have the potential to offer you smart returns on your …
If you do not learn how to invest in mutual funds online now, You will hate yourself later. Find out how you can invest in mutual funds in simple and easy way. Mutual Funds are a very good investment option.If you invest regularly in a disciplined manner while keeping investment …
Retirement is an important event in our life.Post retirement our regular income is going to be reduced significantly in the form of pension or stops at all if we are not subscribed to any pension plan.Life expectancy is increasing due to improved quality of life.We have good 25-30 years post-retirement …
For an individual investor, choosing best Mutual Fund for investing is not an easy task.There are several Asset Management Companies (AMCs) in the market. Each AMC manages so many types of schemes of Mutual Funds. Each scheme is there to serve the different needs of different investors.So,approaching the mutual funds …
Learning the difference between savings and investment can be your step towards being a millionaire in future. Most of the people use them interchangeably but actually it should not be so. Savings and investments are an important part of our finances. Both are useful when it comes to dealing with …
