Mutual Fund is a pool of money contributed by larger group of people called investor, and managed by a fund manager ,who invests money in bond , stocks etc...
Classification can be done either on the basis of objective or as structures. There are some funds do come under special categories....
List of Major Mutual Fund Companies Operating In India. There are around 37 Asset Management companies In India. Each fund houses contains more that 100 schemes.....
No pain no gain. Investing in mutual fund earn you a good return, selecting a proper scheme is a mater of fact of your risk appetite and potential to take the risk.
Mutual Fund companies got schemes which are entitled to get tax benefit and these are generally Equity Linked Saving Schemes.
Initial Public Offer ( IPO)
New Fund Offer ( NFO)
Equity Linked Saving Schemes ( ELSS)
Important Links
SEBI ( Security Exchange Board Of India ), AMFI ( Association Of Mutual Funds in India)
