Mutual Fund

What is Balance Fund ?

Balanced funds are such funds which are invested in 40-60% in equity and debt instruments.Such funds provide both growth and regular income as such schemes invest both in equities and fixed income securities in the proportion indicated in their offer documents. These are appropriate for investors looking for moderate growth. These funds are also affected […]

Mutual Fund

How To Add Nominee To Mutual Fund Scheme ?

The nomination can be made by individuals applying for / holding units on their own behalf singly or jointly. Non-individuals including society, trust, body corporate, partnership firm, Karta of Hindu Undivided Family, holder of Power of Attorney cannot nominate. For Adding Nominee Just Download the Nominee addition form from the Mutual Funds company specific website […]

Mutual Fund

What is a Mutual Fund?

Mutual fund is process of pooling the resources by issuing units to the investors and investing funds in different securities in accordance with objectives as per the disclosed offer document.Under Mutual Fund the investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the […]