ELSS (Equity linked Savings scheme) investments is a tax-saving investment option under Section 80C of the Income Tax Act, 1961. ELSS mutual funds invest their scheme corpus in in equity or equity-related instruments. ELSS investment option can take place in the following ways; invest a lump sum amount all at once or follow a systematic … Read more
As a new investor if you wish to invest in mutual funds or make new investments to achieve your financial goals, then you would have wondered if this was the right time to invest in SIPs. Investors generally believe that if they invest in rising markets, they will earn lower returns because further growth may … Read more
SIP meaning full form is a systematic investment plan (SIP). The meaning of SIP in investment is the most convenient mode of investing in mutual funds and has potential to generate long-term wealth. The investor develops the habit of disciplined investing and reaps the benefits of rupee-cost averaging. However, are subject to losses on account … Read more
For a beginner, investing in mutual funds can seem a difficult task. Understanding the meaning of mutual funds and how mutual funds work is the first step in the investment journey. A mutual fund means a fund established in the form of a trust to raise monies through the sale of units to the public … Read more
A mutual fund means a fund established in the form of a trust to raise monies through the sale of units to the public or a section of the pubic under one or more schemes for investing in securities, money market instruments, gold or gold related instruments, real estate assets and such other assets. In … Read more
How do you decide to buy an outfit? You would decide in terms of brand, fit, cost, etc. If selecting an outfit takes so much effort, how much more effort should one put in when it is a question of our investments? It is essential that you monitor your investments in such a way that … Read more
It is a well-known fact that Indians are one of the world’s largest consumers of gold. Gold is regarded as a solid investment. However, with the passage of time, people have adopted a more modern outlook to investing in gold. Gold is a safe investment choice and investors can invest in either a gold mutual … Read more
The meaning of a fund of funds (FOF) is a type of Mutual Fund scheme that invests in other mutual fund schemes. The fund of funds aims to achieve diversification and appropriate asset mix in a variety of fund categories. Fund of Funds comprises a mutual fund scheme with different underlying schemes of other funds. … Read more
The meaning of an SIP is that it is a mode of investment in mutual funds, wherein the investor puts in a fixed amount of money every month, similar to a recurring deposit. The meaning of an SIP is in its full form; Systematic Investment Plan. An SIP allows the investor to buy units on … Read more
Mutual Funds can be segregated as per their underlying asset, style of investing, or structurally. Looking at mutual funds from a structural point of view, they are classified as open-ended mutual funds and closed-ended mutual funds. Open-ended mutual funds are mutual funds where the units can be issued and redeemed at any time. Open-ended mutual … Read more