Vanguard to pay $40 million to mutual fund investors stuck with big tax bills
Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it stuck ordinary investors in its popular target-date retirement funds with surprisingly large tax bills.
Investment in these ELSS mutual funds grew by 2.5 times in past 5 years. Do you own any?
Quant ELSS Tax Saver Fund delivered 32.02 percent annualised return in the past five years, Motilal Oswal ELSS Tax Saver Fund gave a CAGR return of 24.14 percent, while Bank of India ELSS Tax Saver Fund gave an annualised return of 25.
Mutual funds can be purchased through many different financial institutions, including banks. Purchasing from a bank has ...
Exchange-traded funds tend to have lower fees relative to mutual funds, according to investment experts. Fees are one of the ...
Though investing in international markets through mutual funds has proven effective, regulatory norms restrict this path.
Nationwide is a Fortune 100 company that has been in the asset management industry for 90 years and offers a wide range of ...
Explore the key differences between hedge funds and mutual funds, their advantages and disadvantages, and find out which ...
Investors should focus on sector funds with high-quality stocks and low annual costs for optimal returns. Read what investors ...
While mutual fund owners may tend to be middle class, they have seen increased diversity with 41% of mutual fund–owning ...
Discover the key advantages of mutual funds, including attractive returns, convenience, and built-in diversification.
Commissions do not affect our editors' opinions or evaluations. A first-rate mutual fund portfolio is diversified. It holds funds focusing on U.S. stocks and bonds as well as international ...
Retail investors are not recommended to opt for sectoral and thematic funds, as they go through performance cycles and ...
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