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Currently, NPS account holders, who are 60 years old, are allowed to withdraw up to 60% of their total deposited amount, which they could either spend or invest elsewhere as per thier wish
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Fund houses have the flexibility to invest anywhere between 0% to 100% in equity or debt, depending on market conditions. However, most balanced advantage funds generally have an equity allocation of 65% to 100%. Fund managers have to keep a close eye on the fund and make changes between equity and debt investments based on market research and analysis. They do this in line with the investment objectives of the scheme.
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CAS is an important document to keep track of all your investments and the returns on them
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Only 6% Indian households have mutual funds..Where are Indians lagging behind? Why is mutual funds phenomenon limited to only top 30 cities? MD-CEO,
of Edelweiss MF, Radhika Gupta answers every question related to the mutual funds industry.
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The objective of a dynamic bond fund is to give high returns in both types of markets...
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Arbitrage funds are only allowed to invest up to 35% in debt or money market instruments
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As compared to small-cap funds there is lower risk in large-cap funds. If an investor has a lower risk appetite then he can invest in large cap funds
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Under the growth option, the profit earned in a mutual fund scheme is reinvested in the same scheme.
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In an active fund, your money is managed and invested by a fund manager; while a passive fund follows an index
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Mutual fund industry size is booming day by day. There is an urgent need to review the roles played by various stakeholders