Types of Mutual Funds in India
Mutual Funds have come a long way since its launch in India in 1963 by UTI. And with the entry of private players in mutual funds in 1993, it has surely witnessed a great turnaround in India with over 50+ of AMCs managing various mutual fund schemes in India. The first mutual fund in India [...]
Invest in Equity and Gold ETF with Sundaram Equity Plus
Sundaram Mutual Fund has come up with a new fund offer (NFO), the Sundaram Equity Plus which offers dual benefit of investing in equities as well as in Gold ETFs, both via one fund. This is an open-end equity scheme. The NFO is open from May 4, 2011 and closes on May 16, 2011. The [...]
Reliance Dual Advantage Fixed Tenure Fund I – Plan J
This is an NFO from Reliance Mutual Funds, which is a closed ended scheme and is a fixed income oriented or debt mutual fund but with a twist. This new fund Reliance Dual Advantage Fixed Tenure Fund I – Plan J is aiming to provide double advantage for your investment by investing the 80% to [...]
Invest in Kotak Gold Fund via SIP
After the much hyped and the recently closed Reliance Gold Fund here comes another gold fund via NFO and this time it is from Kotak Mutual Fund, namely Kotak Gold Fund. It is an open ended fund of funds. And we surely can expect more similar gold related mutual fund (which primarily invests in their [...]
SBI Capital Protection Oriented Fund – Series II
Looks like it is the season of Capital Protection Fund Season, after the Sundaram Capital Protection Fundnow is the turn of SBI Capital Protection Oriented Fund – Series II. It is a closed ended debt cum equity fund with a lock in period of five years as well as aim to protect your capital by [...]
