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Index Funds are a category of mutual funds that imitate a market index. A BSE Sensex Fund will invest in stocks of the 30 companies appearing on the BSE Sensex in the same proportions. Index Funds are passively managed as…
STP or Systematic Transfer Plan is a method whereby, instead of investing your money in a Lump-sum manner, you invest in a single fund (Liquid Debt Fund) and instruct the fund house to keep on transferring a certain amount on…
Equity Linked Saving Schemes are tax savings fund where an individual can save up to 1.5lacs in a year under section 80C of Income Tax Act 1961. These funds have a lock-in period of 3 years with the long-term capital…
