Your mutual fund units stay intact when you move from a “regular” plan to a “direct” plan, but there are a few key factors to take into account: All things considered, moving to a direct plan entitles you to reduced fees, which may eventually increase your investment returns. To fully comprehend the consequences for your …
A collective investment vehicle known as an investment trust is one that combines the money of several individuals to make investments in a variety of assets. Investment trusts are closed-end, which means they have a certain number of shares that are exchanged on the stock market, in contrast to mutual funds. These shares are available …
In the world of personal finance, a Money Market Fund (MMF) and an Account (MMA) are two different financial products that have different functions. Despite having names and duties that are similar, they are frequently confused, but they differ greatly from one another. We’ll examine the salient features of each in this comparison to help …
Money Market Account vs. Money Market Fund: What’s the difference? Read More »
The ideal approach to invest your money and get a good return over time is with a mutual fund or exchange-traded fund (ETF). While they are sometimes interrelated, regular mutual funds and exchange-traded funds, (ETFs) have some major differences in terms of wealth creation and money management. Let’s know about the basic differences that insure …
What is the Difference Between ETFs and Mutual Funds? Read More »
What is NAV?A new MF investor would like to know about the NAV in a mutual fund. NAV (Net Asset Value) means the unit price of one mutual fund scheme. MFs are purchased and sold on NAV. Unlike prices of shares that change constantly during hours of trading, NAV gets calculated on the daily basis, …
What is NAV? Calculation of NAV ! (Net Asset Value) Read More »
A Fixed Maturity Plan is a closed-end debt mutual fund scheme. An FMP looks similar to a fixed deposit where one puts money for a specific period and gets it back at maturity with a specific tenure say 3 to 4 years along with some appreciation. The difference is that one cannot withdraw before maturity, …
What is FMP in Mutual Fund ? All About Fixed Maturity Plan Read More »
