Mutual Fund Guide
There are so many articles out there with a headline resembling the heading of this article. Even I tried initially to write an article that could work as a comprehensive guide for a beginner.…
There are so many articles out there with a headline resembling the heading of this article. Even I tried initially to write an article that could work as a comprehensive guide for a beginner.…
Debt funds invest in fixed income instruments, popularly referred to as bonds. Bonds have fixed maturity and most of them pay a fixed interest rate. They can be issued by the government, by PSUs or by private corporations.........
I have already written an article about which mutual fund category to choose, I would recommend you to stick to those categories. But, the question of how to select a fund from a category still remains, so let's address it......
You should first determine whether you want a mutual fund for equity or debt portfolio. For equity portfolio, you can select a fund belonging to one of these categories, Aggressive Hybrid Funds, Large Cap Funds, or NIFTY/SENSEX Index Funds.........
The most effective way to distinguish mutual funds is on the basis of the assets. Mutual funds are of four major categories based on the asset class.......
When I started investing in mutual funds, I read a lot about growth and dividend options. Since then growth option just became a default for me. So, why is it better to stay away from the mutual fund dividend option?........
SIP stands for Systematic Investment Plan, it is an automated method of investing in mutual funds. You select a mutual fund, an amount and a date. On your selected date, the predecided amount is deducted from your account and equivalent units of the selected mutual fund are allocated to you. All this happens without any manual intervention..........
A mutual fund is a fund created from a pool of money collected from a large number of investors. This pool of money is managed by a professional fund manager. The money of this fund is invested in various assets to generate income/capital gains for the investors.........
Index investing is a passive investment strategy. The investor chooses an index like NIFTY or SENSEX. Money is then invested in stocks listed on the index.........