0
What else can I help you with?
Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
How can a retired person reduce taxable income before April 15 2014?
It varies with the country of residence and/or taxation. UK works on the principle of tax credits and has no provision for reducing taxable income. In India, one can subscribe to certain types of investments like, PPF, ELSS mutual funds, etc. Really it is a complex system and can only be properly answered based on individual situations.
Into what categories are mutual funds known as bond funds divided?
Main categories in taxable bond funds are corporate bond funds, high-yield funds, world bond funds, government bond funds, and strategic income funds. The main tax-free bond fund categories are state municipal bond funds
What are the benefits of investing in income producing mutual funds?
Investing in income-producing mutual funds can provide a steady stream of income through dividends and interest payments. These funds can also offer diversification, professional management, and potential for long-term growth.
How can I utilize mutual funds for income generation?
You can utilize mutual funds for income generation by investing in funds that focus on dividends or interest payments. These funds can provide regular income through distributions of profits earned from the underlying investments. Additionally, you can choose funds that offer a systematic withdrawal plan, allowing you to receive a steady stream of income. It's important to research and select funds that align with your income goals and risk tolerance.
Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
Into what categories are mutual funds known as bond funds divided?
Main categories in taxable bond funds are corporate bond funds, high-yield funds, world bond funds, government bond funds, and strategic income funds. The main tax-free bond fund categories are state municipal bond funds
How can a retired person reduce taxable income before April 15 2014?
It varies with the country of residence and/or taxation. UK works on the principle of tax credits and has no provision for reducing taxable income. In India, one can subscribe to certain types of investments like, PPF, ELSS mutual funds, etc. Really it is a complex system and can only be properly answered based on individual situations.
How many mutual fund companies in India?
the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
What are the benefits of investing in income producing mutual funds?
Investing in income-producing mutual funds can provide a steady stream of income through dividends and interest payments. These funds can also offer diversification, professional management, and potential for long-term growth.
What is AMFI?
Association of Mutual Funds of India(AMFI)
What does AMFI stands for?
Association of Mutual Funds in India
Why mutual funds are not popular in south India?
Unfortunately this is a Myth. Mutual Funds are very popular in South India and even investors from Rural Areas are starting to invest in MFs
How can I utilize mutual funds for income generation?
You can utilize mutual funds for income generation by investing in funds that focus on dividends or interest payments. These funds can provide regular income through distributions of profits earned from the underlying investments. Additionally, you can choose funds that offer a systematic withdrawal plan, allowing you to receive a steady stream of income. It's important to research and select funds that align with your income goals and risk tolerance.
What are the clssification of mutual funds?
Some types are:Equity Mutual FundsDebt FundsMonthly Income PlansHybrid Fundsetc
What are the Indian mutual funds?
There are atleast 18 types of mutual funds available in India 1. Equity Diversified Funds 2. Equity Midcap Funds 3. Equity Infrastructure Funds 4. Equity Banking Funds 5. Equity Pharma Funds 6. Equity FMCG Funds 7. Equity Technology Funds (IT) 8. Arbitrage Funds 9. Equity Index Funds 10. Balanced Funds 11. Monthly Income Plans 12. Debt Funds 13. Liquid Funds 14. Income Funds 15. GILT Funds 16. Gold ETFs 17. Fund of Funds - Equity Oriented 18. Fund of Funds - Debt Oriented These funds are offered by fund houses like HDFC Mutual Fund, ICICI Prudential Mutual Fund etc
How many mutual funds are in India?
in India there is almost 34 mutual fund houses are active as on APRIL 2008 gmrpraveen@gmail.com
