A mutual fund is a financial vehicle that pools assets from shareholders to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund’s assets and attempt to produce capital gains or income for the fund’s investors. A mutual fund’s portfolio is structured and maintained to match the investment objectives stated in its prospectus.
Mutual funds give small or individual investors access to professionally managed portfolios of equities, bonds, and other securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Mutual funds invest in a vast number of securities, and performance is usually tracked as the change in the total market cap of the fund—derived by the aggregating performance of the underlying investments.
Canara Robeco Equity tax saver fund (ELSS)
SBI Contra Fund – Direct Plane (ELSS)
IDFC tax advantage fund
Kotak rax saver fund – direct plan
Parag parikh tax saver fund – direct plan – growth
Quant tax plan – direct plan – growth Flexi
Dsp flexi cap fund – direct plan – growth
HDFC flexi cao fund – direct plan – growth
IDBI flexi cap fund – direct plan – growth