News From Press Mutual Funds: Are solution-oriented funds the right choice?

Mutual Funds: Are solution-oriented funds the right choice?

Source: FE Feb 22, 2022

For investments related to long-term goals such as retirement, children’s higher education or wedding, both mutual funds companies and life insurers offer investment products. In mutual funds, children’s funds and retirement funds are classified as solution-oriented funds, which manage about Rs 30,000 crore of investor money, according to data from Association of Mutual Funds in India (AMFI).

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