Dynamic bond funds have flexibility to change duration as and when needed
How can I accumulate funds for my pension needs through mutual funds? What tax benefit can I get by investing in MFs?
There are specific mutual fund schemes that aim at building a pension corpus for investors. A pension mutual fund is a debt-oriented mutual fund in which the investments are locked-in till the investor attains retirement. The fund gives tax benefit under Section 80C. Mutual funds do not offer any pension or annuity. The returns at the time of maturity are market-linked. However, they depend on the cumulative returns over the holding period and not on the movement in the maturity year alone. Apart from this, you can also adopt the systematic investment plan route in well-managed balanced funds to build your pension corpus for retirement.
For long-term returns, is it better to buy gold exchange-traded fund (ETFs) rather than gold coins?
Gold ETFs are a good investment option if you want to take an exposure in gold. In fact, ETF is a mutual fund, which is traded on an exchange, just like any other stock. To invest in a gold ETF, you need to have a demat account. However, if you do not wish to open a demat account, you can invest in gold savings funds, which are fund-of-funds and invest in a particular gold ETF. But unlike ETFs, these funds are not listed.
How do I invest in dynamic bond funds and how do they work for long-term returns?
A dynamic bond fund enjoys the flexibility to change
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