Liquid Fund Vs Fixed Deposits
Many of you invest in liquid mutual fund gives you a good amount of return than FDs which is not guaranteed due to a certain amount of market risk.
Many of you invest in liquid mutual fund gives you a good amount of return than FDs which is not guaranteed due to a certain amount of market risk.
‘Mutual Fund Sahi Hai’ campaign initiated by AMFI has played a large role in making SIP and mutual funds a popular thing. Usually, people consider SIP and mutual as equivalent. But that’s not true. SIP is a mutual fund investment method to generate long-term wealth. SIP are of various kinds. But Top up SIP or Step Up SIP is a SIP variant which is quite popular nowadays. Let’s explain Regular SIP and Top Up SIP briefly.
NRI investors based on Canada and USA are still asking that if they can invest in Indian Mutual Fund. Nowadays some AMCs have started to accept money from NRI investors.
Systematic Investment Plan commonly known as SIP is an investment method in mutual funds. SIP plan is a user-friendly and hassle-free way of mutual fund investments.
KYC means to know your customer and CKYC means Central KYC. This is an initiative which is taken by the government of India. CERSAI (Central Registry of Securitization Asset Reconstruction and Security Interest of India) will manage the CKYC.
After you have submitted your KYC form, it gets verified. Once you have completed the process of verification, you can now be eligible to check mutual fund KYC status.
ICICI Mutual Fund KYC is suitable for transactions like- New SIP, Fresh investment, New STP, additional investment and switch investments.
From “Mutual Fund Hai†to “Mutual Fund Sahi hai†it has been through a lot. Mutual Funds gain the popularity day by day. A huge number of an investor in India has invested in Mutual Fund. With the high return, it has attracts so many investors. You can invest in a mutual fund as per your convenient; you also can save tax of Rs.1.5lakh in ELSS.
Most of the time mutual fund investments are considered safer investment option than stocks.
Corporate Funds are debt mutual funds which invests in high-rated corporate bonds. Corporate debt funds have medium to low risk profile.