Fidelity Mutual Fund...
hi! Ppl,
I am very new to investing in MFs. This May i have invested in Fidelity, considering the point that it has been the no1 investor outside INDIA and feeling that it would surely make a good start in India as well...
I think it has done considerable well in the last 4 months increasing by more than 30%... but still i have a few Qs left..
1) What is the time period after which Fidelity will give returns..
2) On what factors do these returns depend ( for any MFs)
3) It is not under the tax exemption category..if i don't sell off these units can i show it in my investment proposal for tax exemption next year...
Any help with these Qs and further basic information is awaited...
hi! Ppl,
I am very new to investing in MFs. This May i have invested in Fidelity, considering the point that it has been the no1 investor outside INDIA and feeling that it would surely make a good start in India as well...
I think it has done considerable well in the last 4 months increasing by more than 30%... but still i have a few Qs left..
1) What is the time period after which Fidelity will give returns..
2) On what factors do these returns depend ( for any MFs)
3) It is not under the tax exemption category..if i don't sell off these units can i show it in my investment proposal for tax exemption next year...
Any help with these Qs and further basic information is awaited...