We at DOCTOR MONEY tabulate the data given by world’s best-known research organizations and advise in accordance with the performance of the Mutual Fund, without any prejudice. The research organizations include ICRA (Moody’s Investor Service), CRISIL (Standard & Poor’s), LIPPER, VALUE RESEARCH and MONEY CONTROL. For Mutual Funds, we act as Distributors for country’s top Mutual Fund Companies, which covers almost hundred percent of top five mutual funds scheme in any given category.
It is a collection of money by different investors at a common place, for investing in pre-determined financial instruments like shares, debentures, bonds, government securities, gold etc.
MAJOR TYPE OF MUTUAL FUNDS
Equity Tax Saving Fund (ELSS)
Investment is made in equity share market. Investment is for a minimum of 3 years after which any profit arising from the investment will be tax free from income tax.
Equity Diversified Fund
Investment is done in shares of different companies of different sectors.
Equity Sectoral Fund
Investment is done in shares of only one type of industry or sector eg. Information technology, pharmaceuticals etc.
Equity Index Fund
Money is invested in shares of companies that are part of a specific stock market index, like bse’s sensex or nse’s nifty etc., in the same proportion as the index.
Investment is done generally in equal proportion in both debt instruments as well as equity shares.
Invests in debt instruments issued by private companies, government, banks, financial institutions, infrastructure companies.
They invest in short term debt instruments issued by government, banks, companies.
Fund of Fund
Money is invested in different mutual funds.
Invest in medium to long term government debt instruments.