0
An income fund is a mutual that provides income. This means that several people join together so they can have a bigger budget when investing or having other people invest for you. This way the people investing will also get a higher interest rate.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What does the term income fund mean?
An income fund is defined as a mutual fund that provides a form of income from the investments within the portfolio. This income is primarily in the form of dividends. The fund can hold stocks or bonds or a combination of the two.
Can banks invest in mutual funds?
They can invest their own income/profits in a mutual fund but they cannot invest the depositors money in a mutual fund
What is income ratio in mutul fund industries?
income ratio of a mutual fund is defined as a ratio of net investment income to its average net asset value.
What can people get by visiting The Mutual Fund Store?
People can get advice on their finances by visiting The Mutual Fund Store. The Mutual Fund Store provides investment advice, a 401k "repair kit" and many other helpful services to their customers.
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
On what basis are mutual funds taxed?
shareholders are taxed on the distribution of fund's income. For tax purpose, mutual funds distribute their net income to the shareholders in two ways: (1) dividend and interest payments and (2) realized capital gains.
Can you get income tax saving from hdfc top 200 mutual fund?
Nope. HDFC Top 200 is a Equity Diversified Mutual Fund. Only ELSS Funds have income tax benefits. ELSS stands for Equity Linked Savings Scheme
Summary for mutual fund awareness?
Mutual Fund An investment vehicle which is comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market securities and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus. Reliance Mutual Fund can be taken as an exemplary outstanding Mutual funds available at present.
Is a mutual fund a corporation?
A mutual fund is a corporation
how i can find the current value of mutual fund from site?
Yahoo! Finance provides up-to-date quotes on mutual funds. Just type in the name of your fund in the search box on their website. http://finance.yahoo.com/
What is mutual fund in Hindi language?
mutual fund kya hai
Stakeholder of mutual fund?
A stakeholder of a mutual fund is someone who has interest in it.
