Mutual Funds are one of the best investment products designed for beginners. Mutual Funds are highly diversified and give you the option of choosing the type of fund you want to invest into based on your investment objectives. You have the power to control where you put your money. Also, Mutual Funds are simple to understand, well regulated, and affordable. In addition, they are professionally managed by a highly skilled portfolio/fund manager whose sole job is to invest your money in the perfect securities to generate income for you.
Mutual Fund Objective
The main objective of the Mutual Fund is to generate income for its shareholders. In addition, the Mutual Fund needs to maintain the investment objectives mentioned in its prospectus.
What is Mutual Fund?
Learn this app to know what is a mutual fund and how can an investor invest in mutual fund through lump sum or Systematic Investment Plan (SIP).Mutual Fund investors have the flexibilty to invest as lump sum and SIP
Advantages of Mutual Funds
Want to know the benefits of Mutual Funds before investing them? This mutual fund basics app explains the benefits of Mutual Funds along with the risk profile.
What is NAV?
Net Asset Value also known as NAV is the cost of one unit of a scheme. NAV is calculated by subtracting the Liabilities from Assets and is divided by the total number of outstanding units held by you.
What is SIP (Systematic Investment Plan)?
Systematic Investment Plan or SIP is a way in which one can periodically invest in Mutual Funds on a monthly or quarterly basis.
How to Pick the Best Mutual Fund
How to Choose the Best Mutual Fund. Identify Goals and Risk Tolerance. Style and Fund Type. Fees and Loads. Passive vs. Active Management.
ELSS - Know What is ELSS, Its Meaning, Features & Benefits
Meaning of ELSS is Equity Linked Savings Scheme; it's a category of mutual fund which helps in saving taxes.