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GPSC Shixan seva Class 2 Old Question paper solution year 2014

GPSC Shixan seva Class 2 Old Question paper solution year 2014
this paper solution Prepared By Team knowledge power.

Finally, mutual funds are also classified based on the types of investment strategy
Growth Funds: Growth funds make up a large portion of the investment money in shares. This is a good option for investors who want to invest their surplus money and have a high-risk appetite.
Income Funds: These mutual funds invest the investment amount in fixed income securities such as bonds, certificates of deposits and securities among others. It is a great option for risk-averse investors who have a few years of experience in investment.
Liquid Funds: These mutual funds invest in debt instruments and money market instruments with a short tenure of up to 91 days. Each investor is allowed to invest up to Rs 10 lakhs only. The NAV of the liquid fund is calculated for 365 days, whereas the NAV of other funds is calculated only on the basis of business days.
Tax-Saving Funds: One of the most popular investment options which assist inefficient tax planning is tax saving mutual funds, otherwise known as Equity Linked Savings Scheme or ELSS. The majority of the corpus in ELSS is invested in equity. ELSS has a mandatory lock-in period of 3 years. ELSS is the only pure equity investment that offers tax benefits up to Rs 1.5 lakh in a financial year under Section 80C.

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