ELSS stands for Equity Linked Savings Scheme. ELSS funds are a category of mutual funds that primarily invest in equity and equity-related instruments. They are known for their tax-saving benefits under Section 80C of the Income Tax Act in India. ELSS funds offer investors the dual benefit of potential capital appreciation from investing in equity …
In the first three quarters of FY 2024, the mutual fund industry witnessed significant activity. Over this period, a total of 122 mutual fund schemes were operational through new fund offers (NFO), comprising a diverse range of investment options across debt, equity, hybrid, solution-oriented, and other specialized categories. The cumulative funds mobilized during this period …
Equity-linked saving Schemes (ELSS) are popular investment options that offer tax deductions along with the potential for capital appreciation. But with a plethora of ELSS funds available, choosing the right one can be tricky. To help you navigate this decision, we’ll explore the top 3 best and worst performers. Remember, past performance isn’t a guarantee …
In the ever-changing landscape of the Indian stock market, Flexi Cap funds have emerged as a popular choice for investors seeking diversification and growth potential. Offering the flexibility to invest across large, mid, and small-cap companies, these funds cater to a range of risk appetites. As we approach the end of FY 2024, let’s explore …
Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth. What is Dividend Mutual Funds? Dividend mutual funds are a type of equity fund that primarily invests in …
The financial year 2023-2024 (FY 2024) was a dynamic one for the Indian mutual fund industry. While some categories witnessed stellar growth, others experienced subdued returns. We explore the top 5 performers, unveiling the equity mutual fund categories that delivered exceptional returns for investors throughout FY 2024. Category Name 6-Months Ret (%) 1-Year Ret (%) …
Flexi-cap funds offer investors the flexibility to invest across large, mid, and small-cap companies. But what if you could find a Flexi cap fund that consistently outperforms the market? This is where the concept of “alpha” comes in. Alpha refers to the return a fund generates beyond what’s expected from the market. Further ahead we’ll …
What Is a New Fund Offering? A New Fund Offering (NFO) is the initial offer of a mutual fund or Exchange-Traded Fund (ETF) to investors. It is similar to an Initial Public Offering (IPO), where a company raises money from the public by selling shares. During an NFO, investors can buy units of the fund …
FY24 proved lucrative for investors, witnessing notable gains across various indices. The Nifty 50 index soared by approximately 28.6%, while the Bank Nifty exhibited a more modest rise of about 16.1%. However, the spotlight was on the broader markets, with the Nifty Mid-Cap and Nifty Small-Cap indices showcasing remarkable gains of over 60%. Expectation of …
While conservative mutual funds prioritize capital preservation, some offer a touch more growth potential by including a strategic allocation to stocks. This article explores the most conservative mutual funds that lean towards large-cap stocks, aiming to provide investors with a balanced approach that prioritizes stability while offering the possibility of higher returns compared to purely …
