As of December 31, 2023, Indian mutual funds have crossed 75 million SIP accounts and the SIP flows have crossed Rs. 17,000 crore per month.
According to the latest report by AMFI, during financial year 2023-24, people withdrew Rs. 11 lakh crore through SIP.
Earnings from credit risk funds are taxed like debt mutual funds.
Equity funds and a range of other funds contributed to a 35% year-on-year expansion in the mutual fund industry's assets under management during the f
Direct Plan and Regular Plan are two options available for the same mutual fund scheme. It's like having two different variations of the same pla
Increasing your SIP amount periodically can result in big gains at the end of investment cycle
Now, you don't need to fill out long forms and go to the AMC office to redeem your MF investment. After digitisation, the process of redeeming investm
Dynamic Asset Allocation Fund is a type of hybrid mutual fund that invests in both equity and debt instruments. In DAAF, the fund house has the freedo
Experts advise investing in both types of funds to meet short-term goals and needs
Some of the major reasons for MF mergers are reducing management costs, simplifying a scheme, enhancing portfolio management, and streamlining scheme