Ajit Patel
An initiative by Mutual Fund Sahi Hai to provide information on how to buy mutual funds for the investors.
Visit on Mutual Fund Sahi Hai for more info on mutual funds investment.
KYC is an acronym for "Know Your Customer". This term used for Customer Identification Process as a part of Account Opening process with any financial entity. One needs to undergo KYC process for even Mutual Fund investments.
KYC establishes an investor’s identity & address through relevant supporting documents such as prescribed photo id (e.g., PAN card) and address proof and In-Person Verification (IPV). KYC formalities can now be completed online, a hassle-free and quicker approach to investing. E-KYC is based on the Aadhaar number. The investor has to log into the KRA website and enter basic details such as PAN number, email id, AMC name, bank name, date of birth, mode of holding and tax status.
Know how ELSS Mutual Funds can help you save taxes?
Equity Linked Savings Scheme or ELSS Mutual Funds can help a person in planning their taxes. Offered by asset management companies in India, ELSS Mutual Funds is an open-ended, diversified equity schemes. This investment allows an individual or HUF, a deduction from the total income of up to ₹ 1.5 Lakhs under Sec 80C of Income Tax Act 1961.
Know more about Tax on Mutual Funds at Mutual Funds Sahi Hai
SIP or Systematic investment plan is one of the best investment option to invest a fixed and small amount instead of lump sum. SIP allows you to buy units of mutual fund scheme and invest money at regular intervals.
Learn more about what is SIP investment at Mutual Funds Sahi Hai
As per SEBI guidelines, fixed income funds have been further classified into 16 sub-categories based on the kind of fixed income securities they invest in and the maturity (time horizon) of these securities like ultra-short term, short term, long term, etc.
Click here to know more about: Debt Funds Types
An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively managed. Equity funds are also known as stock funds.
Stock mutual funds are principally categorized according to company size, the investment style of the holdings in the portfolio and geography.
To know more about types & benefits of Equity Funds, visit: https://www.mutualfundssahihai.com/en/what-are-equity-funds
Know what is Gold ETF & Investing in gold scheme.
A Gold ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. They are passive investment instruments that are based on gold prices and invest in gold bullion.
Explore more about difference between investing in Gold and Gold ETF
Difference between investing in Gold and Gold ETF
Know what is Gold ETF & how to invest in gold scheme.
A Gold ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. They are passive investment instruments that are based on gold prices and invest in gold bullion.
What is power of compounding?
Compounding is the process of earning income on your principal investment plus the income earned – the income also starts to earn as the same is reinvested.
To know about power of compounding & how it works, visit: https://articles.abilogic.com/509697/power-compounding-why-known-8th.html
If you are a mutual funds investor, you have most likely read or seen the statement - "Mutual fund investments are subject to market risks."
Have you ever wondered what this statement means?
Are you concerned that a mutual fund NAV or Net Asset Value depends on share price volatility?
Know more on mutual fund vs stocks here.
Are you someone who likes to play safe with your money but at the same time wants to see the money grow a bit?
Have you ever considered investing in Debt Funds. Visit to know more about Debt Funds types.
If you prefer a long-term investment plan with insurance cover, tax benefits, loyalty benefits, and flexibility, ULIP is your go-to plan.
However, if you want a financial product that can offer better liquidity, lower charges, and higher returns-mutual funds are a better option. Mutual funds are subject to market volatility and capital gain taxes.
Fixed Deposit VS Mutual Funds – Where to Invest Your Hard Earned Money
Fixed deposits and mutual funds are popular financial instruments as they both provide investors with good returns to help them grow their savings.
To know more on FD vs Mutual Funds, click here.
Exchange Traded Funds are ideally suited for investors who have a lumpsum amount and are deciding on where to invest it.
Learn what is Gold ETF and why to invest in gold mutual funds in India. A Gold ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price.
Individuals who want to invest their savings in the share market are often faced with a dilemma. They cannot decide if investing in mutual funds is better or should they buy stocks.
Know the breakdown of the mutual funds vs stocks here.
ETFs are primarily known for sharing the attributes of both shares & mutual funds.
Some of the well-known ETF category schemes are:
Read full article on Voticle.com to know more about exchange traded funds & Gold ETFs.
