It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows:
a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter
b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter
c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter
These numbers are approximate and may vary from fund house to fund house.
Fidelity Investments owns the Magellan fund
The symbol for Delaware Investments Florida Insured Municipal Income Fund in the AMEX is: VFL.
Delaware Investments Florida Insured Municipal Income Fund (VFL) had its IPO in 1993.
The minimum investment required to invest in a mutual fund can vary depending on the fund, but it typically ranges from 500 to 3,000.
Services offered by Man Investments are providing mutual fund advice, mutual fund brokers, hedge funds advice and financial year valuations on commodities.
Fidelity Investments, led by its flagship Magellan fund, was the leading fund management company by 1997 asset size.
Mr. Matthew Wright
As of July 2014, the market cap for Delaware Investments Florida Insured Municipal Income Fund (VFL) is $58,235,776.98
Mutual funds generate profits through a combination of fees charged to investors and the performance of the investments held within the fund. Fees are collected for managing the fund, and profits are made when the value of the investments within the fund increase over time.
Fund resources are types of investments that people can choose to put their money towards. The goal of this is to generate a larger sum of money.
There are a few mutual fund companies that offer low expense ratios on mutual fund investments. One of those companies is Scottrade, the company is people friendly and willing to work with an individual to assist them in making sound financial decisions.
Blended fund investments in a 401k portfolio offer diversification, professional management, and the potential for higher returns by combining different types of assets like stocks and bonds.