Open-end Funds An open-end fund is one that has units available for sale and repurchase at all time – from the fund itself. An investor can buy or redeem units from the fund itself at a price based on the Net Asset Value (NAV) per unit. This is like making a fixed deposit with the […]
PHASE I – 1964 – 87 Mutual Fund Industry started in India in 1963 with the formation of UTI Launch of First Scheme – US 64 – it was a very popular scheme, largely perceived as a debt fund with assured returns. However, it never had to declare its NAV and ran into problems in […]
Continuing the mutual fund tutorial, for whom is a mutual fund suitable? Well it is suitable for people who do not have ALL THE THREE : Time Lots of money Skills of stock picking, portfolio construction and fund management skills. Then you go for mutual funds. Mutual funds give you the following advantages: Portfolio diversification […]
Introduction Different investment avenues are available to investors. Mutual funds also offer good investment opportunities to the investors. Here is an attempt to simplify your understanding of mutual funds What is a Mutual Fund? Mutual fund is a mechanism for pooling the amounts of money received from investors and investing funds in marketable securities in […]
People have been investing since times immemorial. You could invest money as an owner (equity) as a lender (debt), as a landlord (rent) as a banker (gold). However, as the market got more and more sophisticated direct investing became difficult if not impossible. So the common investor needed a manager who would help him/her in […]