What is ELSS? Equity Linked Savings Scheme (ELSS) are tax saving mutual funds, which provide an investor with the tax-saving benefit of up to Rs 1.5 Lakh under section 80C of the Income Tax Act. An investor may invest more than Rs 1.5 lakh in these...

What are Closed-ended Funds? Closed-ended funds, also known as CEFs for short, are basically a type of mutual fund, but their special feature is that they are a combination of the elements of regular open-end mutual funds and ETFs. A closed-end fund is also known as...

Mutual fund investment can be an intimidating decision. There are usually so many questions you need to ask and answer! Which type of fund is best for me? Is this fund more profitable than the other one? How do I track and measure my returns...

Mutual funds are the go-to option for long-term investors; but what if you need to invest money for a short-term and still need a decent rate of return? The answer is money market funds. Money market funds are one of the best solutions for investors...

What are Index Funds? An index fund, as the name suggests, invests money in an index benchmark. In India, the role of the benchmark is fulfilled by Nifty, Sensex and likewise indices. The performance of an index fund is directly proportionate to the performance of these...

What are Balanced Funds? Balanced funds are mutual funds, which provide exposure to both equity and fixed income classes, or bonds, in a sizable measure. They get their name from the ‘balance’ that they try to strike between the two aforementioned asset classes. While equity mutual funds...

Generally, investors having a high-risk appetite consider mid-cap companies for investments. These customers aim for higher returns. If an investor is willing to wait for a 3-5 year period then they can consider investing in mid-cap mutual funds. If you are planning to invest in...

What are Tax Saving Mutual Funds? In the world of mutual funds, tax saving mutual funds are probably the most known and go-to product. Also known as ELSS or Equity Linked Saving Schemes, most investors rush into lump sum investments into these tax savers before the...

Types of Mutual Funds The types of mutual funds are currently available in India range across a wide spectrum. They are largely classified by asset class, structure and investment objective. Each one of them has a different risk and reward profile. Therefore, you must choose the...