What is AUM in Mutual Funds?
Posted on Tuesday, January 28th, 2025 |

Mutual funds are an ideal way to invest in your chosen instruments (debt/equity/hybrid, etc.) without opting for the securities directly. However, before you invest in mutual funds, it is crucial to understand all the metrics involved. One such metric is AUM, whose full form in mutual funds is Assets Under Management. The AUM of a…
Read moreWhat is AMC in Mutual Funds?
Posted on Tuesday, January 28th, 2025 |

If you want to grow your wealth, mutual fund investments are a great option. However, before you invest, you must understand the entities that manage these funds. This is where an AMC (Full Form: Asset Management Company) comes into the picture. An AMC is a professional entity responsible for managing investments in mutual funds. It…
Read moreWhat is an SIP?
Posted on Tuesday, January 28th, 2025 |

If you are new to investing, the world of mutual fund investments may seem a bit overwhelming, especially if you are unsure about how much to invest and when. This is where SIPs, or Systematic Investment Plans, come into play. An SIP allows you to invest a fixed amount in a mutual fund at regular…
Read moreWhat is Wealth Management: Meaning, Benefits, and Strategies
Posted on Wednesday, January 1st, 2025 |
Summary: Wealth management involves managing different aspects of your finances, such as investments, debts, retirement planning, taxation, etc., to grow wealth and secure your financial future. With IndusInd Bank PIONEER, you gain access to personalised wealth management services that align with your financial goals and risk tolerance. Financial planning for high-net-worth individuals(HNIs) is more…
Read moreRecent Changes in Tax Rules Affecting Fixed Deposits
Posted on Friday, April 12th, 2024 |

Fixed deposits are popular for stable returns and their tax-saving benefits. As per the interim budget 2024, there has been no change in the tax deduction limit under sec. 80C of the ITA, and investors can continue to enjoy tax benefits of up to INR 1.5 lakhs on their tax saver FDs. Moreover, the recent…
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