ELSS has a lock-in period of only 3 years, while other tax-saving instruments come with a minimum lock-in period of 5 years
Investing through SIPs also ensures rupee cost averaging by buying more units at lower net asset values (NAVs) during bear markets
In H1 2021, new launches increased by 71% (y-o-y), driven by Mumbai and Pune in Maharashtra
The core portfolio provides stability and potential for long-term growth. Whereas the satellite portfolio provides an additional risk-adjusted return
The NFO will be available for subscription between July 20 and August 3, 2021
As interest rates are expected to increase gradually in coming quarters, floater funds can benefit
RBI will not be charging any fee for managing or even opening the account
People preferred to dine out and travel while cases were less, reducing wallet usage to 58% from January 1 to March 31 this year
Retirement planning: Selecting the correct financial instrument that can augment your wealth is of prime importance
As an investor, if one invests Rs 6,000 in a mutual fund with a NAV of Rs 600, he will be allocated 10 units of that fund