There are market-cap-specific indices as well such as Nifty50, Nifty Midcap 150, and so forth.
When it comes to investing in volatile equity funds, online tools such as SIP calculators are very helpful.
One can start an SIP with as low as Rs 100 and gradually increase the investment as the financial situation improves.
Large cap funds aim for portfolio stability. Mid cap funds provide potential for high growth. Investors stand a chance to reap benefits of both these features in large and mid-cap funds.
An investor has the choice to invest either through online or offline mode in Index Funds.
It is preferable to choose a suitable mutual fund scheme that aligns with one’s financial goals, risk appetite and investment horizon.
In the last five years, SIP AUM's annual growth rate has been double of that of the AUM of the entire mutual fund industry in India.
Index funds have lower costs because these don’t involve actively picking of stocks. The fund manager’s job is simply to copy the benchmark’s composition and performance.
A Systematic Investment Plan comes in various variants such as Top-Up SIP, Flexi SIP, Trigger SIP and Perpetual SIP.
Under Section 80C of IT Act, 1961, every year you can avail of Rs 1.5 lakh tax deductions by investing in ELSS. Plus, you don’t have to pay any tax on Rs 1 lakh capital gains made in a single FY.