A load fund is one that charges a percentage of NAV for exit. That is each time one sells units in the fund a charge will be payable, it is called exit load. What is Repurchase Price? Repurchase Price is the price at which a close-ended scheme repurchases its units. May include Back...
The returns on the pension fund can be withdrawn as a lump sum or as regular pension or even the combination of the both. Based on Specialty Sector Funds Sector funds are the funds that stick to one sector of the industry when investing. For example – Real Estate mutual funds will only...
ELSS mutual funds that help you save tax under 80C and create long term wealth. Lowest lock-in of 3 years! FiltersReset Return Duration 3 Years Min Investment <= ₹500 ₹501 - ₹2000 > ₹2000 Rating 5 4 3 2 1 Rated By Value Research AMC 360 ONE Mutual Fund Aditya Birla Sun...
The voluntary retirement schemes like Mutual Fund pension schemes, Insurance Pension schemes, PPF, National Pension Scheme (NPS) etc. are available in India for general public. Mutual fund pension schemes besides providing tax benefit under section 80C of IT Act, also have the potentiality of ...
Tax Saving Funds– Tax saving funds such as Equity Linked Savings Schemes (ELSS) help you save on taxes under Section 80C of the Income Tax Act, 1961, while you grow your money by investing in the fund. Index Funds/Exchange-Traded Funds– Index Mutual Funds are passively managed fund which...
A Mutual Fund is run by a professional money manager. This professional, called a Fund Manager, takes all investment decisions, including when and where to invest and when to exit a holding. The goal of the Fund Manager is to generate the best returns possible for the risk he is taking....
for the purchase or sale of any financial instrument / units of Mutual Fund. Recipients of this information should rely on their own investigations and take their own professional advice. Neither HDFC Bank nor any of its employees shall be liable for any direct, indirect, ...
(3) Interval Funds:This type of mutual fund is a cross between open and close-ended funds. Interval funds are open for repurchase and redemption at regular intervals during the tenure of the fund. Based on asset class Equity funds Equity Funds invest more than 60% of the assets in listed...
Scheme NameBajaj Finserv ELSS Tax Saver Fund Objective of SchemeTo generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities while offering deduction on such investment made in the scheme under Section 80C of the Income Tax Act, 1961. ...
Your trusted financial advisor for income and growth. Best investment advisor for stocks and mutual fund investments, term insurance and tax planning.