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. ...
No matter whether you are an ambitious high-risk taker or a risk-averse secure one, there is always a type of mutual fund that specifically caters to your needs. If you are looking for high-quality rated mutual fund schemes, thendownloadthe digibank by DBS app. Choose from over 250 scheme...
You can also choose to invest in different types of mutual fund schemes as per the financial goals you’d like to achieve. Some of the funds that help you fulfil different target goals are as follows: - Growth Funds:With allocations in shares and growth sectors, such funds are best for ...
Mutual fundshave emergedas a popular investment avenue in India, offering a range of products that cater to different investment needs, risk appetites, and time horizons. Understanding the various types of mutual funds can help investors make informed decisions to meet their financial goals. Here’s...
The primary purpose of these funds is to enable an investor to claim tax deductions specified under the Income Tax Act. With this in mind, they solely invest in tax-saving schemes. h. Funds of Funds Instead of investing in bonds or securities, the funds of funds invest in other mutual fu...
Tailored to suit the dynamics of the top 30 cities, as defined by the Association of Mutual Funds in India (AMFI), this commission structure emphasises equitable compensation for distributing mutual fund schemes. Distributors receive predefined commissions for both lump-sum and Systematic Investment Pla...
Different Types of Asset Management Companies In India, there are different types of AMCs that cater to the diverse needs of investors. Here are some of the categories of asset management companies in India: Mutual fund AMCs – These are the most common type of AMCs in India. They manage...
These funds give the investors the exposure to investing in more asset classes, and based on the view of the fund manager, the asset allocation is decided. Aggressive Hybrid Funds: These schemes are mandated to invest a minimum of 65 percent and a maximum of 80 percent in the equity asset...
Here are the top 5 debt mutual funds based on 5-yr returns: Fund Name 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Aditya Birla Sun Life Medium Term Plan Direct-Growth 11.01% 14.55% 12.01% View Details Bank of India Credit Risk Fund Direct-Growth 6.46% 40.06% 10.92% ...
complete rating scale and definitions please refer to ICRA's Website www.icra.in or other ICRA Rating Publications ICRA Credit Quality Rating Methodology for debt mutual fund schemes ICRA's mutual fund rating methodology is based on evaluating the inherent credit quality of the fund's portfolio. ...