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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.
A systematic withdrawal plan is a financial plan that lets a shareholder withdraw money from his exsiting mutual fund portfolio at regular intervals.The money that is withdrawn through a systematic withdrawal plan can be reinvested in other portfolio.There are lot of investment companies in India that offer such systematic plan like Reliance mutual fund,ICICI etc.
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
Reliance offers different levels of mutual funds ranging on the need of the buyer. These funds have different rates and percentages depending on which one you select.
reliance mitual fund online statement hoe to view ?
Self-reliance
The Family Support program is a training and mutual reenforcement program that promotes self-reliance and prepares families for periods of separation.
family support
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.
Yes you are taxed when withdrawing money from a mutual fund. Your current tax rate would apply.
Out of all mutual fund websites online, reliance mutual fund has good interface, it is very user friendly and has lot of information for new investors.The website also has an application called wheel of fortune, and the application compute how much money you need to invest regularly.
family support