mutual fund


First step to start your mutual fund investment. KYC


know-your-client (KYC) norms have been made mandatory for everyone who wishes to invest in mutual fund.   Investors need to submit their KYC acknowledgement along with investment form.   Know your client (KYC) verification is a mandatory requirement for mutual fund investments in India.  KYC essentially is a record of the investor’s identity and address.  If you are new to mutual funds, you must...

First goal to accomplish in 2019. Start mutual fund with monthly 100 rupees.


SIPs are Systematic Investment Plans where money is deducted from your bank account and invested automatically.  With an SIP, you’re able to purchase fund units at different levels of the market. To start invest in mutual funds in SIP, open saving account in one of the bank, get cheque book for the account and internet banking for the account.  To open account and get cheque book it would take...

Your new year resolution is incomplete.


Have a list of new year resolution to achieve in 2019. Resolution should be short and realistic. All the new year resolution should be SMART. The acronym SMART has several slightly different variations, which can be used to provide a more comprehensive definition of resolution: S – specific, significant, stretching M – measurable, meaningful, motivational A – agreed upon...

Reinvest the profit or withdraw the profit? Growth vs Dividend mutual funds.


Have you noticed that every mutual fund is marked with (D) or (G) in its name.  It is single letter in the mutual fund name, but it provides more value to your money.  In this post, we will explore Growth vs Dividend option in mutual funds.  How it impacts you and your money.  Let us explore few funds names and identity the (G) and (D) in mutual fund name. L&T Emerging Businesses Fund –...

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