Discipline of Yoga and Its Parallel in Mutual Fund Investments
1. Consistency & Routine 2. Patience and Long-Term Focus 3. Balance and Moderation 4. Control Over Emotions 5. Self-Discipline 6. Goal-Oriented Practice 7. Guidance Helps
ACRONYMS USED BY MUTUAL FUNDS
Do you know about the common acronyms used by the mutual funds?
1. SIP: Systematic Investment Plan
2. STP: Systematic Transfer Plan
3. SWP: Systematic Withdrawal Plan
4. NAV: Net Asset Value
5. AUM: Assets Under Management
6. FMP: Fixed Maturity Plan
WHAT IS MUTUAL FUND? AND ITS BENEFITS.
Mutual Fund is an entity which is formed under Indian Trust Act 1882. It mobilizes money from a number of investors, then invests it in various kinds of securities like equities ,bonds, money market instruments etc. to achieve a common objective of earning optimum returns on their investments with a commensurate risk .