Table of Contents : What is Interval Fund? Interval Fund vs Close-ended Fund Interval Fund vs Fixed Maturity Plan Features Who Should Invest? Taxation of Interval Funds List of Top Mutual Funds to Invest In An interval fund is a type of mutual fund, the units of which can be purchased and sold/redeemed only…
Selling your funds at a profit brings along the liability of payment of capital gains tax. If your holding period is 3 years or less, the earnings are characterized by short term capital gains (STCG), in which case no exemption on tax is granted. However, if your holding period is more than 3 years, the gains…
Every mutual fund scheme comes in two types of plans – growth and dividend. The growth option gives returns in the form of rising values of mutual fund units. Whereas, under the dividend option returns are paid via periodic dividends. Types of Mutual Fund Dividend Plans The dividend plan of a mutual fund scheme is…
Absolute Returns Absolute Return of a mutual fund refers to the amount of total change in the value of a mutual fund investment at the time of redemption. For example, Mr. A invests Rs. 1 lakh in a mutual fund scheme in January 2016. The value of the mutual fund invests stands at Rs. 1.3…
Life seems to inherently unfair especially when it comes to investment returns. Wealthy veteran investors seem to keep growing richer at the expense of newer investors. One key reason for this is the fact that veteran investors understand the rules of the investment game better than the amateurs. The good thing is that some of…
