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.
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
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.
A Closed ended fund is one that does not accept further investments from investors once the initial offer period is complete.
A Closed ended fund is one that does not accept further investments from investors once the initial offer period is complete.
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.