MUTUAL FUNDS
Mutual Funds are suitable for the people who can not spend more time doing their own analysis before investing. The fund managers deal with the selection of right sectors for investment. So whenever a mutual fund scheme is launched there is a specific objective, based on which investing is done by that mutual fund. This objective defines the industry wise allocation of the Mutual Fund. As an example, Power Sector diversified fund may include investments in equities of companies engaged in power generation, power transmission etc., On the other end, sectoral funds may not have any diversification.
There are two types of schemes, one is open ended and the other one is close ended scheme. The open ended schemes are always available for the investment, where as the close ended scheme will be closed on a date already communicated.
There are also options like, Secured, Balanced, Growth and Dividend in Mutual Fund Schemes. The dividend option offers dividend payout and dividend reinvestment facilities.
Mutual Funds are classified as Low risk - low return, medium risk - medium return and high risk - high return categories.
Entry Load and Exit Load - In general, mutual fund companies charge 2.25% of the invested amount as Entry load. Exit load may or may not be there. The exit load also varies based on the number of days the units have been held.
The unit value is indicated as NAV ( Net Asset Value ). The NAV varies according to the performance of the equities in the respective funds.
There are two types of schemes, one is open ended and the other one is close ended scheme. The open ended schemes are always available for the investment, where as the close ended scheme will be closed on a date already communicated.
There are also options like, Secured, Balanced, Growth and Dividend in Mutual Fund Schemes. The dividend option offers dividend payout and dividend reinvestment facilities.
Mutual Funds are classified as Low risk - low return, medium risk - medium return and high risk - high return categories.
Entry Load and Exit Load - In general, mutual fund companies charge 2.25% of the invested amount as Entry load. Exit load may or may not be there. The exit load also varies based on the number of days the units have been held.
The unit value is indicated as NAV ( Net Asset Value ). The NAV varies according to the performance of the equities in the respective funds.
Some of the popular Mutual Funds
Reliance Diversified Power Sector Fund
JM Basic Fund
Standard Chartered Premier Equity Fund
Principal Personal Taxsaver Equity - ELSS
DSP ML Technology.com Equity - Sector Fund
CanInfrastructure Equity - Sector Fund
Sundaram BNP Paribas Capex Opportunities Fund Equity - Sector Fund
DSP ML Tiger Fund
Sundaram BNP Paribas Capex Opportunities Fund Equity - Sector Fund
Reliance Media & Entertainment Fund Growth Plan Equity - Sector Fund
Taurus The Starshare Equity - Diversified
ICICI Prudential Infrastructure Fund Equity - Sector Fund
Tata Infrastructure Fund Equity - Diversified
UTI Banking Sector Fund Equity - Sector Fund
Reliance Banking Fund Equity - Sector Fund
ING C.U.B. Fund Equity - Diversified
ING Investment Management (India) Pvt. Ltd.
Tata Equity P/E Fund Equity - Diversified
Reliance Diversified Power Sector Fund
JM Basic Fund
Standard Chartered Premier Equity Fund
Principal Personal Taxsaver Equity - ELSS
DSP ML Technology.com Equity - Sector Fund
CanInfrastructure Equity - Sector Fund
Sundaram BNP Paribas Capex Opportunities Fund Equity - Sector Fund
DSP ML Tiger Fund
Sundaram BNP Paribas Capex Opportunities Fund Equity - Sector Fund
Reliance Media & Entertainment Fund Growth Plan Equity - Sector Fund
Taurus The Starshare Equity - Diversified
ICICI Prudential Infrastructure Fund Equity - Sector Fund
Tata Infrastructure Fund Equity - Diversified
UTI Banking Sector Fund Equity - Sector Fund
Reliance Banking Fund Equity - Sector Fund
ING C.U.B. Fund Equity - Diversified
ING Investment Management (India) Pvt. Ltd.
Tata Equity P/E Fund Equity - Diversified
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