Tagore, Vijay
As a client of a wealth manager, you must note that you are likely to pay for other expenses in addition to the basic, stipulated fees. These include the underlying costs associated with trading, fund management, and brokerage – in other words, the general fees all investors have to pay....
Read this article to know what is mutual fund, types, basics, functions, objectives, working, benefits, terms and concepts and much more about mutual funds.
A charitable trust is formed when grantors want their wealth, or a portion of it, to be used for a higher cause. The grantor's asset pool frequently forms part of the corpus fund, which is generally kept in perpetuity. The assets' earnings are used to support charitable causes. Qualified...
Beneficiary: The beneficiary is the person(s) who receives the assets when the terms of the trust are satisfied, and it dissolves. Corpus: The corpus is the umbrella term used to define all of the property and other managing assets included in the trust. What is an LLC? An LLC is a ...
Debt Mutual Fund that invests in debt instruments like corporate bonds, government securities, commercial papers, certificate of deposit, etc. It is typically a long-term investment instrument that provides investors with a regular, fixed income instead of assisting with corpus creation through ...
So what is the new graded exit load structure for liquid funds? Redemptions up to 7 days will have exits loads as follows: Exit/Sale in Day 1:0.0070%of Liquid Fund redemption proceeds Exit/Sale in Day 2:0.0065%of Liquid Fund redemption proceeds ...
Hybrid mutual funds earlier known as Balanced funds, invest in more than one asset class. Know everything about Hybrid Funds like types, benefits & why you should invest in hybrid fund.
It is an equity mutual fund, so most of its corpus is invested in shares. All ELSS funds carry a compulsory lock-in period of 3 years. You can not withdraw your investment before the expiry of this period. You can get a tax benefit of up to ₹150,000 by investing in an ELSS. ...
EPF aims to build a sufficient retirement corpus for an individual. The fund comprises monetary contributions from both employer and employee. Each of them contributes 12% of the employee’s basic salary (Basic + Dearness allowance) towards the fund every month. On retirement, the employee receiv...