India’s mutual fund industry just got a new major player. JioBlackRock Asset Management has received final approval from SEBI (Securities and Exchange Board of India) to start offering mutual funds to Indian investors.
An ETF, or Exchange-Traded Fund, is a type of investment fund that is traded on stock exchanges, just like stocks.
Dividends paid by a mutual fund can affect its net asset value (NAV) in a couple of ways.
There are several types of mutual funds available, each with its own set of characteristics & investment objectives.
ELSS Funds are a type of mutual fund that is eligible for TAX DEDUCTIONS under Section 80C of the Income Tax Act of 1961.. U