It is mandatory for all persons involved in selling and distribution of mutal funds including individual mutual fund distributors,associates and staff of corporate brokers,employees of AMCs to pass NISM mutual fund distribution exam.Some of the details of this process are as follows. Mutual fund distributor exam is conducted by National Institute Of Securities Markets.This institute…
Recent Updates in Reliance Gold Savings Fund:
Reliance Gold Savings Fund is a FOF scheme of Reliance Mutual Fund.It invests predominantly in Reliance Gold ETF.Few days back AMC have introduced some basic facilities. 1.Reliance Golden Transfer Step:In this facility unit holders can transfer a fixed amount from open ended scheme or only capital appreciation in Reliance gold savings fund. similarly option of…
Daily SIP Facility:
Its a matter of debate whether daily syetematic investment plans are useful or not.But certainly it is not a very much bad idea. Daily SIP is something complicated as it may creat a lot of entries to your bank account statement.But one can overcome it by investing through STP way i.e.invest some lumpsum amount in…