J.M. Securities, provides you with a wide variety of mutual fund schemes to invest in, offered by leading Asset Management Companies such as Franklin Templeton, Kotak, ICICI Prudential etc.
Mutual fund is a pool of money, collected from investors, and is invested according to certain investment objectives The most important characteristic of a mutual fund is that the contributors and the beneficiaries of the fund are the same class of people, namely the investors.
Products offered by mutual fund
Mutual Funds provide a wide a variety of schemes and allows you to choose the one that suites your return-risk attribute.
- Equity Funds (High yield high risk)
- Balanced Funds (medium yield medium risk)
- Debt Funds (low yield low risk)
DIVERSIFICATION : The cliché, “don’t put all your eggs in one basket”, really applies to the concept of intelligent investing. Diversification lowers your risk of loss by spreading your money across various industries and geographic regions.
PROFESSIONAL MANAGEMENT : AMC’s have a research team that continuously analyse the performance and prospects of companies and manage the funds accordingly.
AFFORDABILITY : As a small investor, you may find that it is not possible to buy shares of larger corporations. Mutual funds generally buy and sell securities in large volumes which allow investors to benefit from lower trading costs.
TAX BENEFITS : Investments held by investors for a period of 12 months or more qualify for capital gains tax and will be taxed accordingly (10% of the amount by which the investment appreciated, or 20% after factoring in the benefit of cost indexation, whichever is lower).
LIQUIDITY : With open-end funds, you can redeem all or part of your investment any time you wish and receive the current value of the shares.
RUPEE COST AVERAGING : With rupee-cost averaging, you invest a specific rupee amount at regular intervals regardless of the investment’s unit price. As a result, your money buys more units when the price is low and fewer units when the price is high, which can mean a lower average cost per unit over time.
TRANSPARENCY : As a unit holder, you are provided with regular updates, for example daily NAVs, as well as information on the fund’s holdings and the fund manager’s strategy.