Mutual funds in the last few years have emerged as a veritable savings instrument. Small and medium investors are increasing realizing that mutual funds offer their best bet to grow wealth consistently over time...

An equity linked savings scheme (ELSS) is a special category of equity mutual funds with a 3-year lock-in period.

A debt fund invests in debt instruments like government bonds, corporate bonds, call money, treasury bills etc. By default, debt funds are more stable and also generate regular income compared to equity funds...

As an investor in mutual funds, you have 3 broad categories to invest in. This article explains what are equity funds, debt funds and hybrid funds...

An index fund is a passive mutual fund that invests in the components of an index. Index funds can be based on the major index or minor indices.

Mutual funds have emerged as key investment vehicles for Indian investors. Considering that monthly SIP collections have crossed $1 billion, there is surely a strong appetite for mutual funds among the retail investors..

Having a good CIBIL TransUnion credit score is one of the basic requirements for a home loan. An acceptable CIBIL score for home loans would start somewhere around 700. Having a credit score of more than 700 is generally considered good. Read more at IIFL Finance Blog.

Mutual funds combine the savings of a large number of investors and then manage it as a single pool of money.

The process for investment in mutual funds is quite simple. This article describes all the steps involved and also explains what you need to keep in mind when investing in Mutual Funds..

Tax status of mutual fund holdings is based on whether a fund is classified as an equity fund or as a debt fund. As per the Income Tax Rules, if 65% of the AUM is in equities then it is an equity fund, otherwise it is a debt fund...