How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

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Principal Personal Tax Saver (G) - Investment Information

Equity
ELSS
Status: Closed

About This Fund

Principal Personal Tax Saver (G) To provide long term growth of capital The Investment Manager will aim to achieve a return on assets in excess of the performance of BSE 100 Index.

Investment Details

Fund size

₹NaN Cr.

Min. Investment

₹500

Min. Sip Inv.

Min. Addl Inv.

Expense Ratio

))%

Turn over

Exit Load

N.A

Basic Details

AMC Information

All Funds from undefined

Monthly SIP

One Time

SIP Amount

₹

Monthly SIP Date

Fund Suspended: Currently this fund is not available for Investments.

Principal Personal Tax Saver (G)

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Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.