HSBC Mutual Fund has acquired L&T Investment Management for a consideration of US $425 million. L&T Investment Management is a wholly-owned subsidiary of L&T Finance Holdings and the investment manager of L&T Mutual Fund.
It is a common question that an individual wants to invest in the Mutual Fund in the name of their kids. What are the conditions and restrictions on investing in mutual funds in the name of Kids? Let’s discuss this topic in this article as we move ahead.
In this article, we will be discussing Business Cycle Funds which is a developing theme in the Mutual Fund Industry. So, let’s understand this category of the fund in detail and will look at whether one should invest or not.
In this article, we will be discussing Fund of Funds (FOFs) which are a common type of mutual funds available in the market. So let’s discuss what is it, what are its types, what are its pros & cons, and what are its taxation criteria.