Birla Mutual Fund has started a close ended NFO – Birla Capital Protection Oriented Fund – Series 5. It is a 832 days close ended scheme having the highest safety rating of mfAAA. The scheme seeks to provide capital appreciation linked to equity market with downside protection at the end of tenure. Fund expects to achieve…
SBI Mutual Fund floats new fixed maturity plan:
SBI MUTUAL FUND : NEW FIXED MATURITY PLAN 1.MINIMUM INVESTMENT : RS. 5000/- 2.ENTRY LOAD: NIL. 3.EXIT LOAD: NIL. 4.PERIOD OF FMP: 369 DAYS. 5.NAV: TO BE DECLARED DAILY. 6.OPTIONS:BOTH DIVIDEND AND GROWYH OPTIONS. 7.INVESTMENT PATTERN: 100% INVESTMENT IN SAFE INSTRUMENT LIKE FIXED DEPOSITS AND GOVERNMENT SECURITIES. 8.TAX BENEFITS:BENEFITS OF INDEXATION ON MATURITY. 9.DATE OF…
Imp. Things To Remember While Investing Through SIP:
Things to remember while investing through sip: Author: paressh Systematic investment plans of mutual funds offers investors to curb market volatility.SIPs offers benefits of value averaging along with basic mutual fund advantages like tax free longer term capital gain ,Tax saving u/s 80c for Equity linked saving schemes(ELSS),diversification etc..But investors needs to understand some things regarding…