To analyse tax savings from mutual funds, we first categorize them into debt and equity mutual funds. Equity mutual funds are those funds which invest 65% or more of its portfolio in equity, whereas, the others are considered debt. This categorization is solely for tax purposes. Equity Mutual Funds Equity funds are generally seen as[...]
#1 Duration in Mutual Funds Generally, Fixed Deposits offer lesser returns on longer duration and mutual funds provide more. Fixed Deposits at present, provide the highest rate of interest for the period between one to two years. Mutual funds provide good returns the longer they are kept. Short duration mutual funds #2 Lock-ins for Investment[...]
Even those of us who are ignoramuses in the field of Economics and Finance has at least heard of mutual funds. The ones among-st us who dream of making income by investing our savings even have thought of investing in such instruments. A majority of us nonetheless have little knowledge of what these actually are.[...]
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