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Multicap MF
Where do multicap MF invest and what kind of returns can I earn
Taxation on ELSS Funds
Hello, Capital gains from ELSS get the same treatment in Income Tax Calculation as the rest of the Equity Instruments. Short-term capital gains (STCG) attract a tax of 15%, while Long Term Capital gains (LTCG) are only taxable if the gains exceed ?1 lac
Equity Mid Cap Funds
Every mutual fund, be it debt or equity, has an underlying asset that generates returns. In the case of mid cap funds, the underlying asset is the stocks of mid-sized companies. This means that the money invested by investors in mid cap funds is used
How Equity Large Cap Mutual Funds Works
Large Cap funds are the funds that invest primarily in the top 100 companies in India as defined by their market capitalization. These companies are some of the biggest brands in India, like Reliance, Britannia ITC, HUL, and more. They are known to have
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tushil insurance
Factors to keep in mind before choosing Mutual Funds
Amended as on Apr 1, 2023: Please note that as per amendments in Finance Bill 2023, from April 1, 2023, profits made on investments in debt mutual funds are now taxed as short-term capital gains if these funds invest <=35% in equities. This means, debt
Popular Articles
Introduction to Mutual Fund
Mutual funds seek to mobilize money from all possible investors. Various investors have different investment preferences and needs. In order to accommodate these preferences, mutual funds mobilize different pools of money. Each such pool of money is ...
Structure of mutual funds
A mutual fund is set up in the form of a trust, which includes trustees, AMC and custodian. The trust is established by a sponsor or more than one sponsor who is like the promoter of a company. The trustees of the mutual fund hold its property for ...
Classification of Mutual Fund
1. By structure Mutual fund schemes are structured differently. Some schemes are open for purchase and repurchase on a perpetual basis. Once the scheme is launched, the scheme remains open for transactions, and hence the name of this category of ...
Mutual fund scheme categorization
With a view to bring in standardization in the classification of mutual funds and to ensure the schemes are clearly distinct from one another, SEBI issued a circular on Categorization and Rationalization of Mutual Fund Schemes in 2017. The objective ...
Role of Asset Management Companies (AMCs)
1. Compliance Function: The Compliance Officer needs to ensure all the legal compliances. In the scheme documents of new issues, the Compliance Officer signs a due-diligence certificate to the effect that all regulations have been complied with, and ...