Incorporation Services

Mutual Funds

Mutual Fund

A mutual fund is a professionally- managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds and other securities. The Owner of a mutual fund unit gets a proportional share of the fund's gains, losses, income and expenses.

Schemes of Mutual Fund

  • Open Ended Funds - At any time during the scheme period, investors can enter and exit the fund scheme (by buying/ Selling fund units) at its NAV.
  • Close Ended Funds - Redemption can take place only after the period of the scheme is over.

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Objective of Mutual Fund

Fund Objective

  • Equity (Growth )
  • Debt (Income)
  • Money Market (including Gilt)
  • Balanced

What the fund will invest in

  • Only in stocks
  • Only in fixed- income securities
  • In short- term money market instruments (including government securities)
  • Partly in stocks and partly in fixed- income securities , in orderto maintain a 'balance' in returns and risk

Tax benefits on investment in Mutual Fund

  • 100% Income Tax exemption on all Mutual Fund dividends.
  • Equity Funds- Short term capital gains is taxed at 15%. Long term gains is not applicable.
  • Debts Funds - Short term capital gains is taxed as per the slab rates applicable to you.
  • Long term capital gains tax to be lower of - 10% on the capital gains without factoring indexation benefit and 20% on the capital gains after factoring indexation benefit.

Procedure to invest in Mutual Fund

  • Step 1 - Our expert will call you to understand about your Investment plan.
  • Step 2 - After understanding your investment plan,our expert will prepare a suitable investment plan for you.

Documents required to invest in Mutual Fund

  • PAN Card
  • Aadhar Card / Voter ID / Passport / DL
  • Cancelled Cheque
  • Passport Size Photo
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