Mutual FundsActively Managed Funds Redemption of Units Equity Funds Scheme Information Document Asset Under Management (AUM) Open-ended Fund
ELSS-Equity Linked Savings Scheme
A mutual fund is an investment scheme that pools money from various investors and invests it in equities and equity-related securities. These funds have a lock-in period of three years, meaning that the invested money cannot be withdrawn before that time. Additionally, these schemes also offer tax benefits under Section 80 C of the Income Tax Act. This means that investors can save on their tax liability while also potentially earning returns on their investment. So, not only can mutual funds be a great way to diversify your portfolio, but they can also offer tax advantages.
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Understand the meaning and definition of Actively Managed Funds in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Redemption of Units in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Equity Funds in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Scheme Information Document in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Asset Under Management (AUM) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Open-ended Fund in the context of stock market, trading, and investments.
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