Open-Ended vs. Closed-Ended Mutual Funds: A Simple Guide
Mutual funds in India are broadly categorized into two types: open-ended and closed-ended funds. These categories are based on how flexible the investment is and how easily the fund can be bought or sold. In open-ended funds, you can invest and redeem your money anytime. On the other hand, closed-ended […]
Growth vs. IDCW in Mutual Funds: Which One Should You Choose?
Mutual funds have become a popular investment option, especially among young investors. With better returns compared to fixed deposits, they offer a great way to grow your money. Two common options within mutual funds are the Growth option and IDCW (Income Distribution Cum Withdrawal) option. In this guide, we’ll break down the […]
What are ELSS Mutual Funds?
Equity Linked Savings Scheme (ELSS) mutual funds are tax-saving investments that offer both equity market exposure and tax benefits under Section 80C of the Income Tax Act. These funds have a lock-in period of 3 years and aim to provide long-term capital appreciation, making them a popular choice for investors. […]
Direct vs. Regular Mutual Funds: Which is Better for You?
In recent years, there’s been growing interest in direct plans of mutual funds. However, many investors are still unclear about the difference between direct and regular mutual funds, and which option is right for them. If you’re trying to figure this out, you’re in the right place. The main difference […]
Active vs Passive Funds: Which Investment Strategy is Right for You?
When it comes to investing, one of the biggest decisions you’ll face is choosing between active and passive funds. Each approach has its unique features, and understanding them can help you make informed investment decisions. This article simplifies the concepts of active and passive investing, breaking down their key differences […]