Equity schemes of top MFs lapped up shares of select private and public sector lenders in April.
The major worry for investors is Reliance Communications has debt of Rs 40,000 crore.
Mutual funds are one of the most liquid products among all financial instruments.
Retail investors continued to invest in equity MFs via systematic investment plans.
Financial planners believe, managing risk is essential and one of the best products to manage it is mutual funds.
There is no tax deduction at source if the NCDs are held in the demat form.
Don't go down the quality curve. Better to stay with known names with earnings visibility.
A perpetual bond works like a lifetime, irredeemable fixed deposit, with bond holders getting fixed coupon every year.
DSPBR Equity Fund has given an annualised return of 20.79% during the period. That means Rs 1,000 invested in the scheme on its inception is worth Rs 43,000 now.
In STP, a fund house allows investors to invest a lump sum amount in one scheme and transfer regularly a pre-defined amount into another scheme.
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