0
Nope. HDFC Top 200 is a Equity Diversified Mutual Fund. Only ELSS Funds have income tax benefits.
ELSS stands for Equity Linked Savings Scheme
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Is reliance mutual fund or hdfc mutual fund better for investors?
I think, Reliance is new in Mutual Fund sector, so it would be batter to go for HDFC Mutual Funds. Market is down and definitely will go up, i think tha NAV of HDFC mutual funds would be batter than Reliance. Thank you
Who is the Fund Manager of HDFC Prudence Fund?
Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
What is a mutual fundmanger?
A Fund Manager of a Mutual Fund is the person who is responsible for managing the investors money and taking the investment decisions for the fund. For ex: Mr. Prashant Jain has been the fund manager of this fund since June 19th 2003. He is one of the most respected fund managers in the Mutual Fund Industry in India. He is also the Fund Manager for some other funds from the HDFC Mutual Fund Family that have been considered the Industry's top performers. Some of the top performing funds he manages are: 1. HDFC Top 200 Fund 2. HDFC Equity Fund 3. HDFC Infrastructure Fund
What are the benefits of investing in an HDFC mutual fund?
In the United Kingdom, investing in an HDFC mutual fund is often part of a larger portfolio for investors. Some of the immediate benefits of investing in these mutual funds are their often high rates of return as well as their general stability.
What is advantages and disadvantages of investing in mutual fund?
When you invest in mutual you are buying the units or portion of the mutual fund and thus on investing becomes the shareholder.There are top AMC'S which help you to know regarding this they are Reliance mutual fund, HDFC etc.
What is the best company to invest mutual funds?
HDFC Mutual Fund. For its sheer consistency in performance over 15 years.
What is growth and dividend in mutual fund?
Growth is when the price of a mutual fund goes up, you still have the same amount of shares but each share is worth more.Divident can be paid out yearly,monthly,quarterly.They are usually given to you as income or more likely as increase of the share s that you own.There are many websites that provide you the information they are Reliance mutual fund, ICICI,HDFC.
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
Who is the number one mutual fund company in India?
No one fund house can claim to be the number one fund company in India. The top few fund houses could be either of the below 3 fund houses: 1. SBI Magnum Mutual Funds 2. HDFC Mutual Funds 3. ICICI Prudential Mutual Funds
What is the best mutual fund to put your money in?
Some of the best funds in India right now are: 1. HDFC Prudence Fund 2. HDFC Midcap Opportunities 3. IDFC Premier Equity 4. etc
What are some Income Mutual Funds in India?
These are Mutual Funds that invest in Fixed Income (Debt) Instruments and aim at providing income/cash-flow to the investor. Unlike MIP's there is no fixed monthly/regular payments. Instead, the fund house will share profits/dividends as and when possible.These funds too are classified based on the timeframe of the debt securities they invest in and are categorized as Ultra short term, short term and long term funds.Example:a. Ultra short Termi. HDFC Cash Management Fund - Treasury Advt.ii. ICICI Prudential Flexible Income Planiii. Reliance Money Manager Fund - Retailiv. Etcb. Short Termi. Birla Sun Life Dynamic Bond Fundii. HDFC High Interest Fund - Short Term Planiii. ICICI Prudential Short Term Planiv. etcc. Long Termi. BNP Paribas Flexi Debt Fundii. HDFC High Interest Fundiii. ICICI Prudential Income Planiv. Reliance Income Fundv. etc
Can you please tell me how do we select a mutual fund?
The first step is to find out the objectives of investment.The objectives of investment in mutual fund will be low risk or high risk. If the objectives of the investement are same as the investors, then one can go on to the next step. It is very important to evaluate the past performance of the mutual fund. Through this evaluation an investor can get an idea of performance of the mutual fund. There are lot of online trade portals that provide the information like Reliance mutual fund,ICICI,HDFC.
