Units are redeemed on a First-In-First-Out (FIFO) basis, i.e. the earliest units purchased would be considered for computing the capital gains (selling price less cost price) and classifying gains as short term / long term.
The NAV of gold ETFs as disclosed by mutual funds in based on the prices of the underlying assets and the number of units in the ETF. However, since the gold ETF trades on the exchange throughout the day, its price is depende
Since there is no intermediary involved, the AMC does not have to pay any commission or trailing fees. A regular plan is bought through an intermediary who helps the investor understand the investment strategy of the fund, fi
If one is investing Rs 1,000 through monthly SIP in a fund that charges an exit load of 1% for holding period less than one year and now wants to withdraw towards end of two years, then investments made in the first 12 months
Is there any way where I can invest in mutual funds now for 30 years and get pension later? – Shekhar Kumar No, for a regular pension, you would have to purchase an annuity from any of the insurance companies. Do I have to
SIPs are best for investments in volatile markets. Hold your investments for at least seven years to eliminate risk of capital erosion. Longer the investment horizon, higher the probability of making money.
Funds within each category have a similar investment mandate which determine their risk and return characteristics. Small/ mid cap funds are suited for a horizon of at least 7-10 years, whereas large cap funds are suited for
The main benefit of SIP is rupee cost averaging, an investment technique applied to regular fixed instalments. As the amount is fixed and regular, more units are bought when the market price of shares is low and lesser units