These funds invest in midcap, smallcap and largecap stocks of a sector. When market is going up, sectoral fund gives a good amount of return.
The investment objective of the scheme is to seek long term capital growth by investing in equities, gold and debt
Debt index funds are again gaining popularity due to their portfolio of AAA-rated PSU bonds and state bonds
It is often prudent for the investor to invest in the shorter end of the yield curve, where volatility is lower
If mutual funds, such as the Equity Linked Savings Scheme (ELSS), have a three-year lock-in period, you will be unable to switch
While SWP in debt funds is much more tax efficient, a fixed return is not guaranteed
Since March 2020, the asset under management (AUM) of hybrid funds have risen by 31% to Rs 3.42 lakh as of March 2021
It is always better invest via MFs where one can hire some of the best minds to work for them at fees as low as 1-2% of your corpus
The unclaimed funds will be deployed only in those overnight, liquid, and money market funds that are placed in a relatively low-risk category.
While safety holds supreme to conservative investors, taxes matter too. Consider post-tax returns when you are comparing two investment options