Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
MSP (Minimum Support Price) is the minimum price guarantee for agricultural produce in India. The MSP is announced by the Government of India at the beginning of the sowing season for certain crops, to provide a guarantee to the farmers that no matter how much food grains are produced in the country, farmers will get a fixed price for their crop. Thus, the MSP motivates farmers to harvest more crops. How many crops are declared MSP (Minimum Support Price)? The minimum support price for 22 crops are declared by the 'Department of Agriculture and Cooperation, Government of India' on the recommendations of the Agricultural Costs and Prices Commission (CACP) in India. Of these 22 crops, there are 6 rabi crops, 14 kharif season crops, and two other commercial crops. Their description is as follows; Cereals (7), wheat, paddy, millet, barley, jowar, ragi and maize; While 5 crops of pulses are as follows; There are 8 crops of arhar, gram, urad, moong, and lentils an...