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18 June 2019

Shala Tatparta Aayojan No Namuno

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Mutual funds offer high liquidity by allowing redemptions at any time required unless it is invested in a closed-ended fund. In fact, some mutual funds have started offering instant redemptions facility through liquid funds wherein money comes back to the registered bank account instantly. It’s like keeping the money in a bank account with the potential to earn better returns. Liquid funds can be very good alternatives to fixed deposits.An equity-linked saving scheme (ELSS) is the type of an open-ended diversified equity fund which not only offers tax exemptions under section (u/s) 80C of the Indian Income Tax Act but also gives your money an opportunity to grow. Mutual fund companies are strongly regulated by SEBI making the entire process of investment very transparent. Mutual fund companies disclose all the details of investment periodically as a part of the regulatory requirement. Investors can take comfort in investing as there is a regulator to protect their interest.


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