A Money Market fund is a mutual fund that invests in the Money markets. These funds are primarily short term and are invested in short-term obligations that range anywhere from one-day to one-year. The main purpose of this fund is to not only preserve the principal amount, but also add profits by the way of […]
Investor’s Preference for Mutual Funds
With the process of economic liberalization and globalization of Indian economy, the interest rates have fallen, even though they are still higher as compared to Western standards. While the move has brought sizable gains to the corporate sector it has also affected a sea-change in the profile of the average risk adverse small investor to […]
UTI Mutual Funds flags Off its Knowledge Caravan from Jammu
Jammu, July 31 (Scoop News) – UTI Mutual Fund today flagged off its second UTI Knowledge Caravan from Jammu as a part of its Investor Education Initiative called “Swatantra”. The Investor Education initiative is in partnership with Ministry of Corporate Affairs, Government of India. Addressing the media Debashish Mohanty, Country Head Retail, accompanied by […]
Providing an alternative for Mutual Funds in Bangladesh
Today Securities and Exchange Commission provided Trustee license to Bangladesh General Insurance Company (BGIC) and Custodian license to Standard Chartered Bank (SCB). Previously ICB (Investment Corporation of Bangladesh), had a monopoly in both the businesses and has been a source of bottleneck for Mutual Fund issuance in Bangladesh. AIMS the first mutual fund asset […]
Mastering Mutual Funds: Lifecycle Mutual Funds
I have had problems logging into my account and the holiday season has been the cause of my not updating recently. In my return, I’d like to start a new segment titled: Mastering Mutual Funds. Here I will take a mutual fund type, and explain it as easily as I can. The mutual fund on […]
What are mutual funds. Types of Mutual Funds
Here you’ll find the various types of mutual funds available for investing: •Loaded Mutual Funds: are sold by full service brokerage firms and carry a fairly steep commission. •No-Load Mutual Funds: can be purchased directly from the mutual fund family or from discount brokers who handle a large number of different mutual fund families. No-Load […]
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