What is management fee in mutual funds?

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The fee that investors in a mutual fund scheme pay to the fund house for meeting the costs of managing their money. Management fee is part of the expense ratio that a fund house charges to its investors. Although these charges are given as an annual charge, for equitable distribution the charges are calculated on a end-of-the-day basis and included in the daily net asset value (NAV) of the scheme.

 

MYTH: It's better to get out of an uncertain market

 

FACT: Investing is not about always being in an exciting market but it's also about negotiating through ups and down which include staying on when the markets are lousy. As an investor, one should learn to take advantage of situations when most investors are not excited about the market scenario, make some investments and stay for the long haul.

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax PlanInvest Online
2. HDFC TaxSaverInvest Online
3. DSP BlackRock Tax Saver FundInvest Online
4. Reliance Tax Saver (ELSS) FundInvest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) FundInvest Online
7. SBI Magnum Tax Gain Scheme 1993Invest Online
8. Sundaram Tax SaverInvest Online
9. Edelweiss ELSS Invest Online

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Best Performing Mutual Funds

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2. ICICI Prudential Regular Gold Savings Fund
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