What is STT in Mutual Fund and How Does It Work?
In 2004, the government introduced the Securities Transaction Tax to curb the problem of capital gains tax evasion by ensuring that a small tax is collected on every securities transaction,…
SEBI Revamps Nomination Norms for Mutual Funds and Demat Accounts: Aimed at Reducing Unclaimed Assets
The Securities and Exchange Board of India (SEBI) has introduced comprehensive reforms to the nomination process for mutual fund and demat accounts, aiming to enhance transparency and reduce unclaimed assets…
Equity Mutual Fund Inflows Surge in December 2024: SIPs Hit Record ₹26,459 Crore
The mutual fund industry in India ended 2024 on a high note, achieving remarkable milestones that reflect growing investor confidence and an evolving investment culture. December 2024 marked a pivotal…
What are Hybrid Funds – Meaning & Types and Benefits
Hybrid mutual funds are investment vehicles that blend multiple asset classes—primarily equities (stocks) and fixed-income securities (bonds)—within a single portfolio. This diversified approach aims to balance potential returns with risk…
What is a Focused Equity Mutual Fund? How it works
In India, SEBI sets specific rules for different types of equity mutual funds to regulate them. For example, in large-cap funds, managers must invest at least 80% of the fund’s…
What is Portfolio Turnover in Mutual Funds? – Ratio and Calculation
The portfolio turnover ratio is a metric that tells investors about the frequency with which managers buy and sell the assets in their mutual fund’s portfolio. It helps investors get…