'Mutual Fund'

An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

Schemes of Mutual Fund-

Open-Ended Schemes close ended schemes

Interval Schemes

These combine the features of open-ended and close-ended schemes. They may be traded on the stock exchange or may be open for sale or redemption during predetermined intervals at NAV related prices.

(B) By Investment Objective

Growth Schemes Income Schemes Balanced Schemes Money Market / Liquid Schemes Tax Saving Schemes (Equity Linked Saving Scheme ELSS)Index  Sectoral fund schemes. Fixed Maturity Plan Capital Protection Oriented Schemes Quantitative Funds 

Life insurance is a contract between an insurance policy holder and an insurer,

where the insurer promises to pay a designated beneficiarysum of money (the

"benefits") upon the death of the insured person. Depending on the contract, other

events such as terminal illness orcritical illness may also trigger payment. The policy

holder typically pays a premium, either regularly or as a lump sumLIC Schemes-

Schemes of LIC

Growth Plan (ULIP)

Retirement Plan (Pension)

Savings Plan (Endowment)

Children’s Plan

Protection Plan (Term)

'Asset Management Company - AMC'A company that invests its clients' pooled fund into securities that match its declared financial objectives. Asset management companies provide investors with more diversification and investing options than they would have by themselves.

AMC Schemes 

  List of Eligible scheme for MFSS (Refer latest NSE Circular for updated list)

AIG Global Asset Management Company (India) Private Limited

Axis Asset Management Company Limited

BNP Paribas Asset Management (India) Pvt. Ltd

Birla Sun Life Asset Management Company Limited

Canara Robeco Asset Management Company Limited

DSP Blackrock Investment Managers Private Limited

Deutsche Asset Management (India) Pvt. Ltd

Edelweiss Asset Management Limited

FIL Fund Management Private Limited

Franklin Templeton Asset Management India Pvt Ltd

Goldman Sachs Asset Management India Pvt Ltd