What is the Nifty Auto Index in Mutual Funds?
Among the various mutual fund options available, sectoral index funds have garnered significant attention due to their ability to provide targeted exposure to specific sectors of the economy. One such sectoral index is the Nifty Auto Index, which tracks the performance of the automobile industry in India.
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Mutual Funds: 15 common mistakes you must avoid while investing in SIPs
Investing in mutual funds through Systematic Investment Plans (SIPs) is a popular strategy for building wealth over time. However, like any investment, there are risks that can ruin your financial goals if not carefully navigated. Here’s a detailed look at 15 common mistakes investors make when investing in SIPs, and how to avoid them.
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Budget 2024: How capital gain changes will impact mutual fund investors?
If you're a mutual fund investor, the changes in the Union Budget 2024 related to capital gains tax might have caught your attention. While these changes aim to simplify tax calculations, they also mean you might end up paying more tax on your mutual fund investments. Let's understand what has changed and how it affects you.
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How to Effectively Use a Systematic Withdrawal Plan in Mutual Funds? A Step-by-Step Guide with Example
A Systematic Withdrawal Plan (SWP) is a facility provided by mutual fund companies that allows investors to withdraw a fixed amount of money at regular intervals from their mutual fund schemes. This can be particularly useful for retirees or anyone looking for a steady income stream from their investments.
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