What are sector-specific funds/schemes?
Such mutual fund schemes invest in the securities of only a specific sector or industry, as specified in the offer documents, e.g., Pharmaceuticals, Software, Fast Moving Consumer Goods (FMCG), Petroleum stocks, Information Technology (IT), Banks, etc. The returns in these funds are dependent on the performance of the respective sectors/industries. While these funds may give higher returns, they are riskier compared with diversified funds, investors need to keep a watch on the performance of those sectors/industries and must exit at an appropriate time.
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What is the benefit of open-ended funds/schemes?
These funds/schemes offer liquidity to the investors.
What are Open-Ended Funds/Schemes?
An Open-ended mutual fund schemes are available for subscription and repurchase on a continuous basis. These schemes do not have a fixed maturity period. It allows investors to enter and exit the fund anytime after the NFO, whereas a close-ended fund ...
What are Closed-Ended Funds/Schemes?
Close-ended mutual funds schemes are available for subscription only during a specified time period. They have a fixed stipulated maturity date. A close-ended fund or scheme has a stipulated maturity period e.g. 3-5 years. The fund is open for ...
Can Non-Resident Indians (NRIs) invest in mutual funds?
Yes, non-resident Indians can also invest in mutual funds. Necessary details in this respect are given in the offer documents of the schemes. For further details, contact our support team.
What is Debt Oriented Schemes?
The aim of income funds is to provide a regular and steady income to investors. Such funds are less risky and are advisable for investors seeking a short term return on their investment.