Save entry load on SIPs

Beginning August 1, 2009, the Securities and Exchange Board of India (Sebi) has said, there will be no entry load for any mutual fund scheme and the upfront commission to distributors will be paid directly by the investor. Did you know you could be still paying an entry load even after Aug 1, 2009? Here’s [...]

Author: Austin Comments: 0 comments Date: 15 Aug 2009 More: Read more
Categories: Mutual Funds Tags: , ,

2 strategies to help save tax without spending a penny

Entry loads have been waived off on applications that are submitted directly to the mutual fund house. For MF investors, who invest either by way of SIP (Systematic Investment Plan) or as bulk investing, it could mean saving quite a sum of money – around 2% of the investment amount. So consider investing directly in [...]