ETFs

What is Fund of Funds – Meaning funds of funds, Advantages and Taxation

4 minutes

Fund of Funds Meaning: What is a Fund of Funds?

As the name suggests, a Fund of Funds (FoF) is a mutual fund scheme that creates an investment portfolio comprising units of other mutual fund schemes. FoFs may also provide access to investment options that are not directly available to the investors under mutual funds without Demat accounts, like Exchange Traded Funds (ETFs). Schemes under an FoF are chosen as per their suitability to the investment objective of the FoF.

Different Types of Mutual Fund schemes and Its Benefits

5 minutes

As a productive investing channel, mutual funds have recently gained a lot of appeal. They have emerged as a preferred investment option amongst retail investors because of the convenience of investing and professional fund management. One may choose from different types of mutual funds in India that are broadly classified into five major categories. The investment goal will determine the best type of mutual fund to pick for your needs.

Continue reading below to learn more about various Mutual Fund types and their examples.

9 Steps to Achieve Financial Independence to Retire Early

3 minutes

On 15th August 2021, India will celebrate its 75th Independence Day. Millions of freedom fighters lost their lives in this endeavour of unshackling India from British rule. As the country prepares to celebrate this milestone, it could also be an excellent opportunity for us to focus on independence on a more personal level, especially for matters related to our financial life. 

Equity Market Meltdown: An Opportunity

1 minute

The issue which has been at the center stage over the last few weeks is the impact from the spread of Corona Virus/ COVID-19 on overall economic health of global as well as the Indian economy. Initially, thefocus was on the disruption of the global supply chain given that China is at the nucleus. However, it is now clear that this is a large demand shock to the global economy due to the shutdowns and the persistent fear. Global economic activity is likely to fall sharply in H1CY20. Most asset classes worldwide particularly commodities, bonds etc.