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Generally, a growth fund aims to increase the value invested over time, whereas an income fund targets a steady stream of income. This income can be paid out to investors or re-invested.
Over the past week, markets have faced resistance amid profit-booking at high valuations, and concerns around rising interest rates and a resurgence in Covid-19 restrictions locally and across the globe. Hence, the decline in your fund value.
In theory, a mutual fund could lose its entire value if all the investments in its portfolio dropped to zero, but such an event is unlikely. However, mutual funds can lose value, as each is designed to assume certain risk levels or target certain markets.
Generally, a growth fund aims to increase the value invested over time, whereas an income fund targets a steady stream of income.
A growth and income fund is class of mutual fund or exchange-traded fund (ETF) that has a dual strategy of both capital appreciation (growth) and current income generated through dividends or interest payments.
All funds carry some level of risk. With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.
Aditya Birla SL MIP II Wealth 25 Direct-G. IDFC Asset Allocation Moderate Direct-G. Tata Retirement Savings Conservative Direct-G. ICICI Pru Capital Protection Oriented Ser V Plan A Direct-G. Axis Income Saver Direct-G. Franklin India Life Stage FoF 40s Direct-G.
A growth fund is a mutual fund or exchange-traded fund (ETF) that includes companies primed for revenue or earnings growth at a pace that is faster than that of either industry peers or the market overall.
One of the oldest and most famed mutual fund brands has gone away. DWS Scudder Investments, the U.S. asset-management division of Deustche Bank, recently changed its name to DWS Investments.At that point, the funds will be rebranded as Federated Prudent Bear and Federated Prudent Global Income.