Here’s an overview of the key types of mutual funds available in India. 1. Equity mutual funds. Equity mutual funds primarily invest in stocks and aim for capital appreciation over the long term. They are suitable for investors with a higher risk tolerance. These funds can be further classi...
Equity funds are those which invest a major portion of their funds into equities. These funds allow you to invest in stock markets without tediously managing your portfolio as the mutual fund manager takes care of it and ensures your returns. If you are at your prime earning stage, equity or...
Various types of Mutual Fund schemes exist to cater to different needs of different people. Largely there are three types mutual funds. EquityorGrowth Funds These invest predominantly in equities i.e. shares of companies The primary objective iswealth creationorcapital appreciation. ...
Mutual Funds #StayAheadOfTheGame with SIPs. Consistent investment & compounded returns! Learn more Open Instant DBS Bank Account Now! Download digibank app to Open DBS Bank Savings Account Learn more Debt Mutual Funds Invest in fixed income instruments Learn more Equity Mutual Funds Invest in share...
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1. Mutual Funds Based on Asset Class On the basis of asset class and characteristics, mutual funds can be divided into 8 subcategories: a. Equity Funds These funds primarily invest in the equities or shares of various companies. Since, they tend to reap high returns, they are generally consi...
Let us see the various advantages offered by mutual funds: Tax Efficiency Under Section 80C of the Income Tax Act, 1961, you are able to invest in tax-saving mutual funds known as ELSS (Equity Linked Savings Scheme) that are eligible for a tax deduction of up to Rs 1.5 lakh each ...
Regional and country funds can profit from fast-growing economies, such as India or China, but there is a currency exchange risk and political risk. If the dollar increases in value, the value and profit of a foreign investment will decrease, and vice versa. Political turmoil will decrease ...
It gave a return of 18.49% in its first year and currently giving an average return of 12.98%. 2. UTI Nifty Fund – Direct Once more an equity oriented fund launched in January 2013. This fund unlike above is moderately or reasonably risky, perhaps due to Nifty 50 may be, which gave ...
Equity mutual funds may provide a higher commission compared to debt mutual funds. This discrepancy arises because equity mutual funds carry greater potential for returns and are generally considered riskier than their debt counterparts. Influence of Distributor’s Relationship: Mutual fund companies may ...