Question

What do you understand by nomine? What six factors would you keep in mind while investing in any scheme?​

Answer 1

Answer:

to formally choose (someone) as a candidate for a job, position, office, etc. : to choose (someone) for a job, position, office, etc. : to choose (someone or something) as a candidate for receiving an honor or award.

Let us look at some of the key factors you should keep in mind while selecting funds:

Investment Objective and Style. The investment objective of a scheme is what the scheme intends to achieve through its investments. ...

Role of the fund. ...

Your time horizon and risk profile. ...

Performance / track record. ...

Fund expenses. ...

Tax impact.

Explanation:

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