Debt

Since the last RBI policy meet, global growth-inflation dynamics have changed drastically with increased risks of a synchronized global slowdown due to tight financial conditions & weak consumer sentiment. The US economy registered two consecutive quarters of negative growth. Global commodity prices have fallen meaningfully with Bloomberg commodity & agriculture spot index dropping by 11.3% & 18%, respectively in INR terms since June 8th, the last RBI policy (Source: Bloomberg).

When it comes to money management, it is always vital for the investors to know the expenses associated with their investments, as such costs and charges directly eat into their returns. Some of the expenses may be unavoidable for the investors, like fund management expenses, etc., for it adds value to the mutual fund scheme. However, investors may avoid one such charge if they diligently plan for their investment redemption, i.e., exit load.

What is Exit Load?

Save Tax as well as Create Wealth with Equity Linked Saving Scheme Save Tax as well as Create Wealth with Equity Linked Saving Scheme

New-age and millennial investors prefer investing in equities directly as they can track the movements of their top stock picks and attribute the investment performance to themselves. Further, the intra-day price movements in share prices create further excitement for some investors. However, direct equity investing may be complex since it requires a lot of research and adequate knowledge of stock markets in general.