Category: mutual fund
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What Is Systematic Transfer Plan In Mutual Fund
What Is An Systematic Transfer Plan? An STP(Systematic Transfer Plan) is a plan that allows you to give consent to a mutual fund to periodically transfer a certain amount / switch (redeem) certain units from one scheme and invest in another scheme of the same mutual fund house. Thus at regular intervals an amount/number of […]
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What is Exchange Traded Fund and how they different from MFs
An exchange-traded fund (ETF) is a combination of share and mutual fund. Like a mutual fund in ETF money is pooled from different investors and invested in stocks comprising an index and traded on exchange like a stock. Most of the ETFs are passively managed and closely track an index. Hence they are passively managed, […]
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Systematic Investment Plan For Salaried Person Explained in a Simple Manner
For most of us it is very joyful, getting salary in accounts. But, unfortunately, this joy doesn’t last longer than 10 days in a month, and after 10 days many of us find ourselves again desperately waiting for the next payment.
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What is the Compounding and how it works?
For many of the us, the power of compounding seems like a difficult topic. But it is not so difficult. I will make you understand this in a simple manner. If an apple is your initial investment and you reinvest the seeds of your apple it becomes trees,
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