Kotak Mahindra MF launches Sensex ETF Kotak Mahindra Asset Management Company has announced the launch of an exchange traded fund which will focus on the stocks that comprise the BSE SENSEX. The investment objective of the scheme is to provide returns that closely correspond to the total returns of the BSE SENSEX subject to tracking … Continue reading »
Filed under NFO …
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 »
