Posted on 23 March 2008

AUM-FEB 2008.

Asset Under Management for all Mutual Fund houses. Increase or decrease in corpus, sales & redemption figures.     Amount in Rs. Crores Mutual Fund Name No. of Schemes* Asset Under Management     As on Corpus As on Corpus Net inc/dec in corpus ABN AMRO Mutual Fund 318 Feb 29, 2008 6,813.54 Jan 31, … Continue reading »

Dont be fooled by the Dividends that you get…

For a lot of investors, dividend income means a lot. This holds true for investors in mutual funds as well as stocks. Now, investing in stocks calls for a totally different skill set. With stocks, regular dividends (in combination with other key factors like revenue and profit growth, cash flows) do speak for the company’s … Continue reading »

JM Financial Tax Gain Fund

The JM Tax Gain Fund, an Equity-linked Saving Scheme (ELSS). The Investor benefits in three ways 1) Enjoys tax benefits under Sec 80C of the Income Tax Act 1961. Investment made in the scheme will qualify for a deduction from gross total Income upto Rs. 1 Lakh. 2) Allows his investment to benefit from the … Continue reading »