You are here

Should you go for perpetual SIP while investing in mutual funds?

While investing in a mutual fund scheme through systematic investment plan (SIP) mode, you get the pre-defined option for how long you want to continue your investments – 3 years, 5 years, 10 years, or perpetual? It means opting any of the options will let your investments amount disbursed from your bank account through ‘electronic clearing service’ or ECS mode for that particular time and will automatically get stopped as per the decided time you opted for it. However, while opting a perpetual option, your investments will continue for the…

Read More

How to earn Rs 50,000 monthly via investing in mutual funds?

Disclaimer: This story is for informational purposes only and should not be taken as investment advice. You can earn a regular monthly income just by investing a substantial portion into mutual funds. However this may include the impending tax liability. In a mutual fund query, an investor wanted to know where they should invest to earn Rs 50,000 on a monthly basis, a report by ET Mutual Funds revealed. “I am looking for a monthly income of Rs 50,000. Tell me how to go about it? How much investment is required? Whether one-time…

Read More

Mutual Funds Roll Out Aadhaar Facility for Investors

New Delhi: To make it easier for investors to buy or sell mutual fund products, fund houses are offering the facility of investing in such products by using the Aadhaar number. The investor can invest online in mutual fund products even if the person is not compliant with Know Your Client (KYC) details. The new service will help investors buy or sell mutual fund (MF) products in a simpler and faster way. The move comes after Sebi issued guidelines to change the existing norms for investing in mutual funds. Quantum…

Read More