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Types or Classification of Mutual Funds

Types or Classification of Mutual Fund

Mutual funds is a trust that is managed by the professionals, whose main task is to gather funds from different investors & further invest them in various securities such as bonds, stocks, precious metals, etc. The funds are invested in such a …

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Sukanya Samriddhi Yojna

Sukanya Samriddhi Yojana (SSJ) was notified on 2nd December 2014 by the Central Government of India. This scheme is launched to tackle the basic problem associated with the girl child in the Indian community i.e. marriage and education. SSY is a scheme …

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NSC – National Saving Certificate

National Saving Certificate, commonly known as NSC, is saving bonds issued by Indian Government to individuals only. It is primarily focused on small savings. Also, the amount invested in NSC, can be claimed as tax deduction investment u/s 80C of Income Tax …

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Equity Linked Saving Scheme (ELSS)

equity linked saving scheme

Equity Linked Savings Scheme, commonly known as ELSS, is a diversified, open-ended, equity-oriented mutual fund scheme. In ELSS, 80% of the portfolio amount is required to be invested in equity funds with a minimum lock-in period of 3 years from the date …

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