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Posts Tagged ‘Money Market Instruments’

A Step by step guide to choose a right mutual fund scheme


 

“Models work when they are appropriate for the particular circumstance, but some of the best investment judgments over time have come when people recognized that models derived in other periods were broken or not directly relevant.”   Abby Joseph Cohen

 

Investing in mutual funds seems interesting, with number of websites, TV and other finance and wealth magazines publishing various information.

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Mutual Funds

Mutual funds have been a significant source of investment in both government and corporate securities. It has been for decades the monopoly of the state with UTI being the key player, with invested funds exceeding Rs.300 bn.

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UTI Mutual Fund launches UTI-Wealth Builder Fund-Series II

UTI Mutual Fund announces the launch of a unique scheme “UTI Wealth Builder Fund-Series II” which combines the benefits of both equity and gold. The New Fund Offer opens on October 21, 2008 and closes on November 19, 2008.

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Mutual Funds

What is a mutual fund?

A mutual fund is a form of collective investment that pools money from many investors and invests their money in stocks, bonds, short-term money market instruments, and/or other securities.In a mutual fund, the fund manager trades the fund’s underlying securities, realizing capital gains or losses, and collects the dividend or interest income.

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Religare Aegon Files Offer Document With Sebi

Religare Aegon Mutual Fund has filed offer document with Securities and Exchange Board of India (Sebi) to launch Liquid Fund. It is an open-ended liquid scheme. The face value of the new issue will be Rs 10 per unit.

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