GIFT City FundsA small interest credit appears on a savings app. A sip calculator shows the corpus is many folds the money invested. They both follow the same concept…
Category: Mutual Funds
Types of Mutual Fund Schemes: Equity Debt Hybrid Guide
A new investor who is opening a mutual fund app will see dozens of labels: large cap, liquid, flexi cap, balanced advantage, ELSS. The labels are not..
What Is Abs Return in Mutual Fund: Meaning & SIP Guide
An investor checks an app one year into SIPs. Total investment: 1,20,000. Present value: Rs. 1,32,000. Two integers are on the screen. One says about ten per..
11 Facts on Capital Gains Tax on Mutual Funds
If an investor sells mutual fund units, he would like to know how much tax he will have to pay. It is contingent upon whether the fund..
11 Facts on What Is Net Asset Value in Mutual Funds
An investor looks at a statement for a mutual fund and sees a number of units held next to a figure labelled NAV. Multiplying the two values..
11 Facts on Fixed Maturity Plans
An investor seeking a defined-horizon debt investment will often come across the term Fixed Maturity Plan. The product is a blend of a traditional fixed deposit and..
Key Facts on the Meaning of NFO in Mutual Funds
An investor sees ads for a new mutual fund scheme which opens for subscription at ₹10 a unit. NFO is repeated. So the first thing you should..
Facts on Absolute Return in Mutual Funds
An investor looks at the one-month performance of a mutual fund and sees a number of 2.8 percent. One looks at a three year figure and sees..