2. An investor has Rs 60,000 that she wants to invest in bank fixed deposit (FD), Equity Shares
(EQ) and Mutual Fund (MF). In view of the risk involved in buying equity shares, she wants to
invest an amount in equity shares equal to 20% of her total investments in FD and MF. Because
of certain tax exemption available to her, she would like to maintain a 3.2 ratio between
investment in FD and MF. Using matrix algebra, determine the amount she would invest in each
of the three forms of investments,
marrim red
fimation for a
of its products by =
Answers
Answered by
1
Answer:
Fund has 99.72% investment in indian stocks of which 68.64% is in large cap stocks, 17.8% is in mid cap stocks, 2.97% in small cap stocks.
Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.
Crisil Rank Change : Fund Crisil rank was updated from 4 to 3 in the previous quarter.
Similar questions