A mutual fund is the type of investment where you pool your investments into a bunch of different stocks, or other financial instruments which are managed by the portfolio manager.
The function of mutual funds is to provide return to the investor from the pool of investments managed by a professional fund manager.
The job of the fund manager is to keep the fund balanced. Know more about mutual funds and invest from the list of mutual funds available on the blinkX platform.
You can invest in any type of mutual funds. In the stock market you can find equity funds, debt funds, Hybrid funds, Tax-saving funds and the list goes on and on.
Get this variety of mutual funds all under one roof that is blinkX. Now invest as per your financial goal.
Tax on mutual funds is the LTCG (Long Term Capital gain tax) and the STCG (Short-term Capital gain tax).
Depending upon the mutual funds and your investment capital the taxation can be different. To start your mutual funds or SIP you can check the performance of funds and other insights through blinkX online trading platform.