0
Add your answer:
Earn +20 pts
Can you buy and sell open ended mutual fund anytime please suggest you?
Yes, open ended mutual fund work like a bank account.You can invest on any working day in any schemes you want to and you can take back the investment in part or full on any working day from most of the schemes within 72 hours.Where Reliance mutual fund provide the best information regarding buying and selling mutual fund.
Anyone help me find the best tax saving mutual fund schemes in India?
: Hi there! In order to save tax on the mutual fund schemes, you can invest in equity linked saving schemes under tax save law section 80C. However, equity linked saving schemes are diversified schemes wherein you can invest in equity related instruments, having a locking a period of about 3 years. For your reference, I have listed some of the good financial institution that offers best tax saving schemes. They are as follows: Top 5 tax Saving Mutual Fund based on lat 1 year returnsSBI Magnum Tax PlanReliance Mutual Fund - ELS - Fund Series 1Sundaram BNP Paribas Tax SaverFranklin India Tax ShieldPrudential ICICI Tax PlanI hope the above information might be useful for you.
If there is any difference between NET ASSET VALUE of open-end mutual fund schemes and close-end mutual fund schemes?
There is a difference between the two but it is determined by when the NAV value is assigned. Speak also with the fund holding store to determine how they do the NAV. I could differ from store to company. Sources: http://www.amfi.com/buying/mutual-fund-store http://www.mutualfundmediacenter.com
Which is the best gold mutual fund for Indian market?
which is the best gold mutual fund in the Indian market? can we purchase and sell online gold mutual fund without any mediator and how?
What is front ended load mutual fund?
A front ended load mutual fund that charges a sales of charge that must be paid when a person buys a investment.This reduces the amount of shares that can be purchased,but it is better for long term investors.A fund end load mutual fund will also charges a smaller 12b-1 fee is also know as distribution fee.When considering mutual fund there are lot of AMC that offer good schemes for both long term as well as short term investors. Check out Reliance mutual fund which is fast emerging as one of the best mutual fund companies in the country.
What are the two best mutual fund companies in America to buy mutual fund for your ROTH IRA?
vanguard
Do fund of funds raise money?
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. Maybe Equity Oriented Funds or Debt Oriented Funds etc. When the Fund of Fund starts an IPO, they raise money from investors and then begin investing money in the various fund schemes
How many AMC in India?
As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund
How should one invest in debt or equity oriented schemes in mutual fund?
You have to take into your account the risk taking capacity,age factor,financial position etc.The scheme invest in different types of securities as disclosed in offer documents.Reliance mutual fund has some very good schemes which invest in debt instruments as well as equity.
Where can the best mutual fund ratings be found?
When looking for the best mutual funds ratings there are many places to look and choose from. There is the USAA,The US News Mutual Fund Score, Morning Star, and Kiplinger.
How do you become a mutual fund manager?
Becoming a Mutual funds manager involves reading and studing the securities and mutual fund market. You want to give people the best performing mutual fund if your going to spend their money. Read up on Mutual fund terms and theories and then look into getting certified in your country. Sources: http://www.amfi.com/performance/best-performing-mutual-funds http://www.morningstar.com/homepage/default.aspx
Can you withdraw money from your mutual fund at age 47?
Ofcourse you can. If you select a Systematic Withdrawal plan you can set the intervals after which you can withdraw from your mutual funds. Reliance Mutual Funds has some good schemes when it comes to Systematic Withdrawal Plans.
