Can we invest in ELSS tax saving funds with less expense ratio??
Passive ELSS Yes you can of course, recently only SEBI has announced that now the AMCs ( Mutual Fund houses) will be able to launch PASSIVE ELSS funds for tax saving purpose under sec 80C upto 1.5 Lakh. The fund category will be investing the amount in the indices, ETFs etc which will be passively […]
How Mutual Fund Works???
Today we will learn how mutual fund works? A mutual fund is a type of investment that involves a group funding by like-minded individuals who have mutual or common interests. Let’s understand this with an example. Sameer has Rs. 10 and he wants to buy a chocolate bar. This chocolate bar is yummy, expensive and […]