It is important that you can access the mutual fund advisor when there is a need.
Fund managers believe the RBI has to cut interest rates sharply by another 50 bps.
Focused funds typically have concentrated portfolios of 25-30 stocks.
There is no TDS on interest if the instruments are held in demat form.
JRPICL is set to begin servicing its debt obligations after lenders and IL&FS reached agreements to restructure debt.
Five stocks that attracted major interest from fund managers last month.
The fund will be managed by Ankit Jain and investors can put in a minimum of ₹5,000 as a lumpsum, or invest through the SIP route.
The portfolio manager, in his meetings with investors, is trying to buy time from investors.
Credit risk funds, which invest at least 65% of their corpus into AA+ funds and lower, have seen outflows of ₹8,000 crore in the last three months.
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