Samco to launch a new fund in the ELSS category: Samco ELSS Tax Saver Fund Samco Mutual Fund is launching a new ELSS mutual fund, Samco ELSS Tax Saver Fund, that invests in high-quality mid-cap and small-cap companies while offering...

All the mutual fund schemes have a disclaimer ‘Mutual funds are subject to market risk. Read all scheme-related documents carefully.’ Like other investment instruments, mutual funds are also subjected to market risk. This is because there is no way to...

What is ARN Number in Mutual Funds? ARN in Mutual Funds is an acronym for AMFI Registration Number (ARN). It is a unique number given to a distributor or mutual fund expert. It is given for trading in different schemes....

Short Term Capital Gain on Mutual Funds Short term capital gain tax arises on a sale of a capital asset by the taxpayer. Mutual funds fall under the definition of a capital asset for the purpose of taxation in India....

LTCG on Mutual Funds Mutual funds are considered capital assets for the purpose of taxation under the Income Tax Act, 1961. Due to this recognition, the sale of any units of mutual funds is subject to capital gains. So now...

Axis to launch a new fund in the fund of fund category: Axis NASDAQ 100 Fund of Fund Axis Mutual Fund is launching a new FOF, Axis NASDAQ 100 Fund of Fund, that invests in units of ETFs focussed on...

LIC to launch a new NFO in the diversified equity category: LIC MultiCap Fund. LIC Mutual Fund is launching a new multi cap fund, LIC Multi Cap Fund, that offers a diversified portfolio by investing across market caps. The New...

There are multiple options for investors while investing in mutual funds based on their needs. But the two broad options mutual fund offers are Income Distribution Cum Withdrawal Pan (IDCW), previously known as the dividend option and the growth option....