Multi-cap mutual fund category modified! SEBI issues new guidelines
What is the present investment rule for multi cap category? At present, the rule is to invest a minimum of 65% in equities, and then fund managers can invest across market capitalization (large, mid or small cap) as per their choice. What is the new guide line issued by SEBI? SEBI on Friday, issued a...
Understanding Debt Mutual Funds
Debt mutual funds are a category of mutual funds that invest primarily in fixed income instruments (example bonds) issued by government, public and private companies. Or simply you can understand that the money you put in a debt mutual fund, is in turn lent out to private/public companies or government bodies. Mutual funds get interest...