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Guide to Start

How to Invest in Mutual Funds?

Mutual funds are very sophisticated products...
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Things to consider as a first-time investor

Defining your financial goal in terms of objective, budget and tenure can go a long way. This can help you decide how much you can set aside for a mutual fund and figure out your risk appetite. Investment always works best with a purpose.

Mutual funds are investment havens which pool savings from a number of investors under a particular scheme managed by an asset management company (AMC).

Section 80C provides tax deductions on certain financial instruments and mutual fund is one of them. Equity Linked Savings Scheme (ELSS) has become a popular tax-saving option for Indians in the last few years, owing to its higher returns and the shortest lock-in period of 3 years.