ICICI Prudential mutual fund is India’s largest mutual fund company in India. It is a joint venture between ICICI Bank and Prudential Plc of UK. ICICI Bank is one of the most venerable financial institutions in India. ICICI prudential mutual fund was set up in 1993 and offers schemes across the spectrum like debt funds, equity funds, diversified funds.
ICICI Pru Mutual Fund fact sheet tells you the
ELSS and Mutual funds are similar in nature but serve a completely different purpose to investors. In this post, we discuss ELSS vs mutual funds difference, comparison and review.
Equity Linked Saving scheme (ELSS) are open-ended equity mutual fund scheme with the benefit of taxation under Income tax section 80C. The investment made in ELSS are tax exempted up to Rs 150000 under section 80C. These are diversified equity fund suitable for investors
Index funds or Index mutual funds are essentially mutual funds in which investments are made in stocks which track a particular index in the stock market. An index like Nifty 50 or BSE 100. So in a way, they replicate underlying Index. To know more about index funds review our detailed post on Index funds.
Index funds are mutual funds in which investment are made in the stocks of Index they track such as Nifty, Sensex according to its composition and weightage of the index. In this blog, we review about what are index funds, their advantages, disadvantages, taxation benefits and performance.
Index funds are basically the replicas of stock indices they track. These are low-cost investment option and its easy to track its performance by its index. Index Funds are
Balanced Funds are the category of mutual fund which invests all its asset in a mix of equity and debt. The fund is also known as the Hybrid fund. The fund is designed to provide investors safety from volatility, give steady income, and modest capital appreciation. The fund generally follows the investment objective closely on investment types. In this post, we checkout the balanced funds meaning, review, performance, taxation and investment philosophy.
If you are an investor with Bodhik and you go to your dashboard you will see returns on your mutual fund investments. The returns are expressed in terms of XIRR. With mutual funds we hear about various terms like XIRR< IRR and CAGR and wonder what is XIRR, IRR or CAGR ? In this post, we have a look at what is XIRR and how XIRR can be used to calculate returns on mutual funds.
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Balanced fund vs equity fund reviews the difference, similarities, advantages and dis-advantages of both types of funds.
Balanced Funds are the category of mutual funds which invests in a mix of stocks and bonds. The fund is also known as the hybrid fund. The fund is designed to provide investors with modest capital appreciation and provide safety from volatility.
The fund is divided into two categories, one is equity oriented and another one is debt oriented(actually
ETF vs Mutual Fund is one of the top question in every investor’s mind. We review the difference, performance and investment methodology of both in this blog post.
Mutual funds and ETFs are very different products but there are similarities with mutual funds. But lately, ETFs are grabbing attentions from mutual fund investors due to its many unique features like can be traded like a common stock, very low fees and other useful applications of the
As the name suggest, Debt Mutual Funds invest in different categories of debt securities like Government Bonds, Corporate Bond, Money Market Securities, Treasury Bills of different maturity date and have fixed interest payment. Debt Mutual Funds are categorized into various types like Dynamic Bond Fund, Short Term Debt Fund, GILT Funds etc. Every Debt Mutual Fund carries a credit risk rating assigned by external rating agencies, which indicates the creditworthiness of the borrowers.