DSIJ Mindshare

Banks and financial institutions nowadays consider the credit score of a person applying for a loan to determine the creditworthiness of the person and, depending on the credit score, they decide whether to approve the loan application or reject it.

Mutual fund houses offer two options for investing in a mutual fund scheme, namely, Regular and Direct. But most of the mutual fund investors are unaware about these options, and even if they are aware, they do not know the difference between the two.

The different categories of assets classes have varying degrees of risks, while the level of risk appetite or risk tolerance of an individual depends on several factors. Some of the important factors that determine the risk-taking ability of an individual are the level of income, age of the investor, expectations of returns and the financial needs and liabilities.

Most of the investors are very well conversant with Systematic Investment Plan (SIP), but not many investors are aware of the Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) of mutual funds. Let us understand what these plans are how investors can benefit from them.

Country’s second largest AMC reported strong performance in its quarterly performance for the quarter ended June 2018. The bottom-line grew substantially to Rs. 204 crore.