Ever heard of ELSS mutual funds but confused by the acronym? Fear not, this guide is here to break it down for you. ELSS stands for Equity Linked Savings Scheme, which means funds that invest in stocks and are tax exempt under Section 80C of the Income Tax Act. So, let’s get started and uncover […]
Unveiling the Acronym : What is ELSS Mutual Fund? Read More »
Investing in your future can feel like navigating a complex maze. With countless options and unfamiliar terms, it’s easy to feel overwhelmed. But fear not, for within the realm of mutual funds lies a guiding light: the Asset Management Company (AMC). What is an AMC in mutual funds? In short, it’s the engine behind your
Unfold the world of mutual fund : What is an AMC in mutual funds? Read More »
Investing can be a daunting task, especially when navigating the diverse landscape of financial instruments. Debt mutual funds often emerge as a viable option for those seeking stability and income. But what exactly are debt mutual funds? Let’s demystify this investment avenue and equip you with the knowledge to make informed choices. What is a
Navigating the world of mutual funds can be an exciting yet daunting experience. While the potential for long-term wealth creation is enticing, understanding the intricacies of various fees and charges is crucial for making informed investment decisions. One such charge, often encountered when prematurely exiting a fund, is the exit load. But what exactly is
What is Exit Load in Mutual Funds? Understanding Early Redemption Fees Read More »
What is XIRR in Mutual Fund? XIRR, or Extended Internal Rate of Return, acts as a beacon in the vast sea of mutual funds. It measures the return on investments, especially where there are multiple transactions involved. By evaluating the XIRR, an investor can discern the actual growth rate of their mutual fund investments. The
7 Reasons You Must Know XIRR in Mutual Fund – Elevate Your Investment Game! Read More »
Systematic Withdrawal Plan (SWP) is a financial tool allowing mutual fund investors to withdraw a specified amount regularly, be it monthly, quarterly, or annually. This offers a structured way to get a consistent return on your investments. Origins of SWP in the Investment World Historically, investors looking for regular income from their investments had limited
The expense ratio in a mutual fund is the heart of understanding investment costs. While everyone dreams of expanding their wealth by investing in mutual funds, not everyone is aware of the expense ratio’s role in the process. This silent player can either boost or hinder the growth of your investments. In this guide, we’ll
7 Insights on the Expense Ratio in Mutual Funds You Probably Didn’t Know Read More »
Net Asset Value (NAV) stands as the cornerstone of mutual fund valuations. It represents the price at which you buy or sell units of a mutual fund. In simple terms, it’s the value of a mutual fund’s assets minus its liabilities. As a mutual fund enthusiast or investor, understanding NAV is akin to having your
7 Power Facts About NAV in Mutual Funds You Must Know! Read More »
