There are number of mutual fund schemes,insurance plans available targeting the natural love and affection relation of parent and children.HDFC mutual fund offers a low cost long term capital creation plan for children Viz.HDFC Children’s Gift Fund. This scheme offers investors 2 plans: 1.Investment plan (Equity oriented). 2.Saving plan(Debt oriented). Here we are mainly focused…
Reliance Smart STeP: Frequently Asked Questions:
Systematic Transfer Plans (STP) offers an effective combination of debt/liquid and equity schemes.STP involves investment in debt/liquid schemes and transfer of fixed amount in equity funds per month.Reliance mutual fund offers an additional facility named as Smart STeP facility to investors.It is presented in the form of frequently asked questions. 1.What is Reliance Smart STeP…
Reliance – Any Time Money Card:
Liquidity is always a main concern of any mutual fund investor.A traditional redemption process involves submission of redemption form and then money is credited to bank account or cheque is received as per facility opted by investor.Reliance mutual fund offers investors an additional liquidity instrument Viz.Reliance Any Time Money Card. Reliance Any Time Money…