Here are few simple questions about investing
Question 1/
No Demat account is required for Mutual Fund investing!
Although the investor doesn’t have custody of securities, investments are secure
Dividend received from debt mutual funds would be tax-free in your hands
Higher equity exposure corresponds to higher risk, but it also gives the maximum potential returns
Since the Long Term Capital Gain tax is only 10%, it makes sense to hold your investments for longer whenever possible
Equity Mutual funds returns are linked with the market performance
Mutual Funds are subject to market risk. Hence, it is prudent to seek help from financial wellness experts.
ELSS funds have a minimum lock in period of 3 years, however you can stay invested for as long as needed
Equity funds come in all shapes and sizes. Eg- those which invest in small cap companies are called small cap funds
