L&T Mutual Fund Merged With HSBC Mutual Fund
HSBC Securities and Capital Markets (India) Private Limited (HSCI), the sponsor of HSBC Mutual Fund, along with HSBC Asset Management (India) Private Limited (HSBC AMC) and the Board of Trustees of HSBC Mutual Fund (HSBC Trustees), have entered into a...
Union Multicap Fund NFO Review
Union Mutual Fund is launching a new multi cap fund, Union Multicap Fund, that offers a diversified portfolio by investing across market caps.The New Fund Offer (NFO) period for the Union Multicap Fund is from 28th November 2022, to 12th...
Stamp Duty on Mutual Funds
If you're a regular investor in mutual funds, there's something you should keep in mind going forward. Stamp duty is now levied on mutual fund acquisitions or transfers. In every country, the government imposes taxes so that they can invest...
How do Mutual Funds work in India?
The most common advice one receives when the topic of investments comes up is this: if you start investing in mutual funds, you will get rich! But for some reason, nobody seems to have a clear answer to the ever so common question of how mutual funds work? We’ll address that topic today.
Will Mutual Fund Investment Drop to Zero Ever?
Will mutual fund investment drop to zero ever? This question is the worst nightmare for any investor. Be it a newbie or a veteran. Be it any investment, the possibility of it losing value is quite normal. Theoretically, investments can...
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Understanding Mutual Funds with No Exit Load
Exit load is a fee that a mutual fund house charges the investor when they exit the scheme or redeem their units. The main motive behind charging a fee is to discourage investors from exiting the scheme early. Mostly, funds...
How to Deal with Loss Making SIPs
Attention mutual fund investors! Is your SIP returns negative? Do you know how to deal with loss making SIPs? Have you started investing in mid-caps and small-caps after looking the high returns they gave in 2017? The nifty midcap index...
GST on Mutual Funds: Rates & Impact
What is GST (Goods and Service Tax) in India? GST is an indirect tax which is rolled out by the government in India with effect from 1st July 2017. GST in the State of Jammu and Kashmir with its own...