Birla Sun Life Mutual Fund – Recurring Saving Plan[RSP] Equity markets are currently not supporting for mutual funds and now it seems that mutual funds are trying to focus on their debt funds where equity risk is low or negligible. Birla Sun life – Recurring Saving Plan is one of the similar attempt to promote…
Different Types Of Debt Mutual funds:
Recent days,Debt mutual funds are gaining popularity.At least numbers of folios and Asset under managements of these funds suggested by different fund houses affirms so. In general,debt funds do not bear stock market volatility and more tax efficient compared to fixed deposits.Though these funds do not offer any guaranteed returns one can expect returns comparable…
Details Of UTI Dividend Yield Fund:
UTI Dividend Yield Fund: In recent days, inquiries about dividend yield funds are on rise.Do not know exactly but investors may want to take partial money back received through dividends. Dividend yield funds invests generally in high dividend paying stocks. As per current tax laws dividend received are tax free.Even if you receive dividend on second day…