equity oriented mutual funds

it is nothing but the fund collected by the MF Company which is invested in the Equity Markets. (only in Equity shares of the listed companies)

Equity oriented fund:

                            means:- a fund which satisfies the following;

                                             (1) the investible funds are invested by way of equity shares in domestic                                                                    companies to the extent of more than 65% of the total proceeds      of                                                                   such fund,

                                                   and

                                              (2) the fund has been set up under a scheme of mutual fund  specified                                                                        in section 10(23D).

hello devika ji, EQUITY ORIENTED MF OR EQ LINKED SAVING SCHEME CAN BE DESCRIBED IN LAYMAN LANGUAGE AS FOLLOWS

In big companies shares are invested or held by individuals as well as companies.(or we can say AMC IE ASSET MGMT COMPANIES And mutual fund companies)

So that mutual fund which buys and holds equity shares completely and solely is An ELSS. OR EOMF.

Below is the link to a portfolio of an ELSS

 

https://www.moneycontrol.com/india/mutualfunds/mfinfo/portfolio_overview/MAG162

ok.thank you all of u.

hy frnds can anybody ll tell me abt diff bw mutal funds n sahres??

Originally posted by : Hina
	hy frnds can anybody ll tell me abt diff bw mutal funds n sahres??

Mutual Fund pools money from many investors and invest it in shares. Investors need to do research before investing in a share. Many investors find it difficult to do research so they prefer Mutual Fund route. Mutual fund takes responsibilty of investing in stocks after due analysis and research.

A Mutual Fund ELSS is similar to diversified equity funds. That means the fund manager can invest in shares of various companies across various industries. The difference is ELSS has got the added tax benefit, something a diversified equity fund does not offer https://holisticinvestment.in/mutual-fund-elss Regards Ramalingam K, MBA, CFP, Director and Chief Financial Planner, Holistic Investment Planners “Best Performing Financial Advisor Award” Winners from CNBC TV18 www.holisticinvestment.in