Mutual funds SIP is best tool for long term wealth creation. It is systematic investment option by investing monthly in equity market. Moreover Tax saving(ELSS) mutual funds offers investment and tax saving in income tax act 80C. ELSS mutual funds provide both the advantage of investment and tax saving. Along with these, ICICI offers no cost term insurance for certain ...
Indian market is in tough situation due to corona virus and YES bank issue. Economists say that is it correction in Indian market as it is highly overvalued. Let us discuss how market crash impacts to long term investments and what should we do in case investing in mutual funds in SIP mode. Recession and market corrections in Indian market ...
Mutual funds is Money pooled from various individuals (investors) Well-regulated (by SEBI) Invest in multiple portfolio by single fund Experience & Professionally Managed Higher returns than Fixed deposit, insurance and PPF Allows to invest in small amounts. Can be started with 500 rupees monthly. Equity Mutual Funds: Equity mutual funds are Mutual Funds that Invest primarily in Stocks of Companies. ...