It is a primer on how to go about leveraging the power of mutual funds. Here are some questions that will make you understand all that you wanted to know about mutual funds:
When company that is in the business of managing mutual funds (also called fund house or asset management company ) decides to launch a new scheme. The new launch is called New Fund Offering (NFO). The AMC will then advertise the fund to the potential investors, through ads in paper, TV and online. Interested investorsContinue reading “what is NFO in mutual fund”
Benchmark is a standard against which the performance of a mutual fund is measured. For example, the Nifty 50 is a benchmark against which many large-cap funds and index funds are measured.
As name suggests that this Mutual Fund scheme aims to achieve long-term capital gain by investing primarily in equity and equity related instruments. The scheme was launched on 28-May-2013 and has delivered 18.59% returns since inception. The fund is likely to move to the flexi-cap category after Sebi tweaked the mandate for multi cap fundsContinue reading “Parag Parikh long term equity fund Review”