Income Equal to or above 1Lac per month, Tenure Above 5 Years Mutual Fund, Service Location PAN INDIA

An investment fund that pools resources is a trust that pools the savings of a selection of investors who share a common financial goal. The money thus collected is thereafter directed in capital market instruments such debentures and, As shares other securities. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportiadvancing onto the quantity of units owned by them. Thus an investment fund shared by multiple investors is the perfect match investment for the common man since it presents an invitation to allocate funds towards professionally managed, A diversified basket of securities at a relatively low cost. Conceptthe flow chart below describes broadly the working of a mutual fund advantages pertaining to pooled fundsthe perks of putting money into a mutual fund are professional managementdiversificationconvenient administrationreturn potentiallow costsliquiditytransparencyflexibilitychoice of schemestax benefitswell regulated types of pooled fund programswide variety of mutual fund schemes exist to satisfy the preferences of the needs such as financial position, Capacity for risk and return expectations etc. The table below gives an overview into the existing types of schemes within the sector. Frequently used terms net worth of the investment portfolio nav net asset value is the market importance of the assets of the plan minus its liabilities. The per unit nav is the net asset value of the scheme divided by the number of units outstanding on the valuation date. Sale priceis the price you pay when you choose to invest in a scheme. Also called offer price. It may include a sales load. Repurchase value stands as the rate for which units under open, Ended schemes are repurchased by the mutual fund. Such prices are nav related. Redemption price is the price at which close, Ended schemes redeem their units on maturity. Such prices are nav related. Sales load is a charge collected by a scheme when it sells the units. Also called, Front, End load. Schemes that do not charge a load are called no load schemes. Repurchase or back, End load is a charge collected by a scheme when it buys back the units from the unitholders.