Mutual Funds - Angel One

Mutual fund companies or houses often launch new mutual fund schemes with their own set portfolio and market view. These new mutual funds when first launched are called NFOs or New Fund Offerings. In general, mutual funds allow retail investors to avail the best industry practices in finance and thereby enjoy far higher returns than …

Holi represents the coming of pious prosperity.  On many festivals, we Indians donate to the Gods and the poor and pray for the prosperity of ourselves, our families and our civilisation. However, in modern times, one of the easily implementable ways for a common person to contribute to their own wealth and to the wealth …

1. SBI Small Cap Fund Direct-Growth The SBI small-cap fund has an AUM of INR 9,620.21 cr and an expense ratio of 0.84% as of the 16th of August 2021, with a Net Asset Value (NAV) of INR 102.68. Due to the fund’s exceptionally high risk, the minimum SIP is INR 500. Growth and value …

Investing is a crucial aspect of financial planning, and for salaried individuals, making the right investment choices is essential to achieving their financial goals. In 2024, the investment landscape will be more dynamic, with various options available, and the path to financial success will not be one-size-fits-all.  Central to this idea is the critical consideration …

Mutual funds are frequently viewed as a type of investment that can be trusted to help one accumulate wealth for the future. Mutual funds can help you achieve all of your objectives, both short- and long-term. The assets are distributed among numerous equities and debt instruments by these funds, allowing the invested capital to increase …

When a mutual fund company launches a new mutual fund investment scheme it is called NFO or New Fund Offerings. Like IPO, NFO is the maiden offer made by an Asset Management Company on a subscription basis. In this article, we have listed the new NFO mutual funds that will open for subscription in February …

What does T+2 settlement mean? T here refers to the day of initiating the buy/sell transaction. Settlement refers to the period when stocks reach the buyer’s account & cash reaches the seller’s bank account. Until recently, the Indian stock exchanges were following the T+2 settlement rules, India was the first major economy to adapt to …

What is SIP? SIP investment or Systematic Investment Plans by mutual fund companies is a facility that allows investors to invest a fixed amount of money at predetermined intervals towards a mutual scheme. Over time, you amass not only the money you invested, but also an interest amount – the exact interest rate depends on …

With the current tax slabs imposing a 30% income tax on income above  ₹ 15 lakh per year, many Indian salary earners see almost a third of their hard earned money being taken away. However, the current tax regime also offers some avenues whereby the taxpayer can reduce the burden of taxes and actually replace …

What is NFO New Fund Offers or NFOs refer to the creation of new mutual funds where people can invest. This means that an existing mutual fund house is launching that fund for the first time in the market.  Fund managers of NFO mutual funds gather the investment pool from investors and in turn invest …