With the cost of education going up day by day, it has become extremely important to start saving at the earliest in order to lessen your financial burden at a later date. Funding your child’s higher education is definitely going to cost you a fortune, 10 years down the line. Hence, it is better you…
A New Fund Offer (NFO) is the first time subscription offer for a new mutual fund scheme launched by an Asset Management Company (fund house). An NFO period generally lasts for a few weeks. During this period, the units of the scheme are usually available at a NFO price of Rs. 10. However, the minimum…
Table of Content: Understanding Overnight Funds Features Advantages Who should invest Points to be considered How to invest List of Best Overnight Funds to Invest Taxation Understanding Overnight Funds SEBI defines overnight funds as open-ended schemes investing in overnight securities; ones that have a maturity period of 1 day. These funds aim to exist as…
ITI Mutual Fund has launched a New Fund Offer (NFO) for ITI Multicap Fund, an open-ended scheme investing across large cap, mid cap and small cap stocks. The NFO period begins on April 25, 2019 and will close on May 9, 2019. The scheme will open for continuous subscriptions and redemptions on or before May…
Table of Contents : What is Capital Protection Fund? How Does Capital Protection Fund Work? Characteristics Who Should Invest? List of Capital Protection Funds What are Capital Protection Funds? A mutual fund, categorized under closed-hybrid funds, oriented towards protecting your capital from any market risk with balanced exposure to both equities and debt is known…
As the name suggests, Conservative Hybrid Funds are a type of hybrid mutual funds that follow a conservative investment strategy. Primarily investing in debt securities, these funds are considered to be the least risky hybrid funds with 75% to 90% of the assets allocated in debt and money market securities. Table of Content: What are…
