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Archive for November, 2018

FUND FULCRUM

Monday, November 26th, 2018

November 2018 The assets under management (AUM) of the mutual fund industry stood at Rs 22.24 lakh crore at the end of October 2018, up 3.8% compared to last year according to Association of Mutual Funds in India (AMFI), data. On a sequential basis, the AUM growth was almost stagnant growing by less than 1% in October Read More…

NFONEST

Monday, November 19th, 2018

November 2018 Tata Mutual Fund along with CAMS has introduced ‘1 Click’ digital NFO subscription to help KYC-compliant clients subscribe to NFOs in just a few clicks. This facility aims to bring ease, convenience and speed of investing for new and existing clients. This facility is launched for Tata Small Cap NFO, where an existing Read More…

GEM GAZE

Monday, November 12th, 2018

November 2018   Personal financial prudence is the cornerstone for the better and secure future of an individual. It aids in tackling personal and social obligations. One of the most effective methods to reduce the income tax outflow, while garnering decent returns is to invest in the Equity Linked Saving Scheme (ELSS) under Sec 80C Read More…

FUND FLAVOUR

Monday, November 5th, 2018

November 2018 Equity Linked Savings Schemes…Special Status ELSS (Equity Linked Savings Scheme) or Tax Saving Mutual Funds, as the name suggests, are equity-based mutual funds which invest a majority of the corpus in equity markets. These are the only set of mutual funds that help you avail tax deductions. ELSS Funds are special funds which Read More…