A mid-cap fund is a type of an equity mutual fund scheme that invests at least 65% or more of its net assets in the equity shares of mid-cap companies. As per the SEBI (Securities & Exchange Board of India) categorization norms, the companies ranking between 101 to 250 in terms of full market capitalization are classified as mid-cap companies.
Make volatility help you create wealth
The long journey to major financial goals like buying a home, children’s higher education and retirement, is comparable to a long distance flight or a sea voyage. In Air travel you sometimes experience uncomfortable air pockets and choppy seas in case of sea travel. Of course, we don’t interrupt or abandon those journeys because turbulence is a part and parcel of them.
Create wealth by smartly managing risks
Nifty 200 Momentum 30 Index is an index constructed to track the performance of 30 high momentum stocks which are part of Nifty200 Index. It has been created and maintained by NSE Indices Ltd., a subsidiary of the National Stock Exchange of India Limited (NSE), with a base value of 1,000 on 1 April 2005. The index is reviewed and rebalanced on a semi-annual basis in June and December each year.
<p>Different types of mutual fund schemes expose investors to different risks. While debt funds are traditionally considered safer for their predominant investments in fixed income securities, there are some risks in debt fund investing. Accordingly, investors must make an informed decision while making an investment decision for <a href="https://www.utimf.com/mutual-fund-products/debt-funds/">debt funds</a>.</p>
<p><strong>Investing in Mutual Fund Scheme</strong> is steadily gaining favour amongst retail investors, for they can have a broad spectrum of mutual fund schemes to choose from. However, choosing the right mutual fund scheme is often challenging for the investors since the investment strategy is relative for different investors, and there is no &#39;one size fits all&#39; strategy.
New Fund Offer (NFO) denotes the first-time offer for subscription of scheme units being launched by a mutual fund. This may be considered similar to Initial Public Offers (IPO) of equity shares, wherein the company offers shares to the public. Before discussing the comparison between NFO vs. IPO, it is important to know how NFOs and IPOs work.
<div>Benjamin Franklin once said, “there is nothing certain in this world, except death and taxes.” While the taxes may take away a pie of your income, the Income-tax laws provide for various exemptions and deductions to help you plan your taxes in a better manner, and in the process, save taxes. Section 80C is one of the most commonly known tax benefits amongst the taxpayers. This section allows the taxpayers to lower the taxable income up to Rs. 1.50 lakh in a year for making certain tax-saving payments and investments.
This is a regular question that I get asked at meetings with investors and mutual fund distributors. It is even more common today as markets have moved up to a record high and valuations have pushed significantly higher. This question presupposes that I have the skills to discern the risks in the market. Blessed as I am with a worrying & skeptical nature, I see risks all the time. But, the problem with risk is that the biggest and market disrupting risks are those that I cannot see. Worse they are the unknown unknowns.
