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ELSS is an ideal way to save tax as well as create wealth.
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Overall, mutual funds withdrew a net of over Rs 56,400 crore in 2020, data available with the Securities and Exchange Board of India (Sebi) showed
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According to SEBI, any entity which holds 40% or more of the net worth of an asset management company shall be deemed to be a sponsor.
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If you want to start investing in mutual fund schemes, here are five simple steps to begin your journey.
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UTI Mutual Fund has announced February 8 as the record date for declaration of dividend under Dividend Option-Regular Plan and Dividend Option-Direct Plan of UTI Arbitrage Fund.
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A bench of Justices SA Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders' interest in the assets.
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How do mutual funds work and the risk involved
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Mutual Funds Sahi Hai – This catchline is constantly showcased across many media platforms but there are still many who have not been able to make optimum use of this investment vehicle. Investments in mutual funds have seen a steady rise in the later half of the past decade due to the slew of awareness initiatives by the Association of Mutual Funds […]
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Investment in mutual funds through systematic investment plans (SIP) crossed Rs 8,000 crore in December for the first time since May 2020. The number of SIP folios also increased by 6.46 lakh on month-on-month (mom) basis to 3.47 crore. The assets under management (AUM) through SIPs grew by Rs 19,814 crore to Rs 3.98 lakh […]
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New Delhi: Trust Asset Management Company on January 12 announced the launch of its maiden mutual fund. | The new fund offer (NFO), Trust MF Banking & PSU Debt Fund, is an open-ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds. The NFO will open […]
