Mutual Funds are an excellent way of investing for a child’s future. They can help pay for a child’s education, wedding, lifestyle choices, and even home purchase, depending on the returns you get. In this article, we explain how to invest in mutual funds for a child/minor. What are the Best Mutual Funds for Children?…
Both Balanced Funds and Balanced Advantage Funds are categorised under Hybrid Funds. The difference is that Balanced Hybrid Funds invest in equity as well as debt in a balanced ratio whereas Balanced Advantage Funds shifts the corpus between debt securities and equities as per the prevailing market circumstances and hence, are also called Dynamic Asset…
Diwali is just around the corner and the festive mood is in the air. To a lot of people, Diwali means shopping. While some people spend hours getting the perfect clothes, others get their homes renovated, select gifts or get their routine shopping done. For instance, let’s assume that you spend Rs. 3 lakh in…
Table of Content: Role of AMFI in a Mutual Fund What are the Rights of AMFI AMFI Registration Number Why Should Investors Know About ARN How to Register or Renew the New ARN Online Mode Offline Mode Objectives of AMFI Members of AMFI Association of Mutual Funds (AMFI) is a government-led organization in India…
Axis Mutual Fund AMC, one of India’s leading mutual fund houses, has announced the launch of its Axis Muticap Fund, according to a recent Hindu Business Line report. The new equity scheme would be a diversified open ended equity scheme with investments across the entire market cap spectrum. Axis Mutual Fund AMC is expected to […]
