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What is the minimum percentage an equity mutual fund needs to invest in equity to be called an equity mutual fund and enjoy tax benefits??

By Rahul | 2 days ago

An equity mutual fund needs to have a minimum of 65% invested in equities to be called an equity mutual fund and enjoy tax benefits.If you want to learn more about mutual funds please look up the website IndianMoney.com. This is India\\\'s only free on call money adviser.

Answer by Research Team - IndianMoney.com | 2 days ago

InMutual Funds | More Answers (1) | Answer This Question | 28 views

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What is meant by pre payment of a loan??

By PradhanS | 7 days ago

Prepayment is the early repayment of a loan by a borrower, in part or in full.If you want to learn more about loans please look up the website IndianMoney.com. This is India\'s only free on call money adviser.

Answer by Research Team - IndianMoney.com | 7 days ago

InLoans and Credit Cards | More Answers (1) | Answer This Question | 84 views

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Are processing fees paid in a home loan refundable??

By Jagdish S | 12 days ago

No..If your home loan application is not sanctioned then you will not get back the loan processing fees.If you want to learn more about loans please look up the website IndianMoney.com. This is India\\\\\\\\\\\\\\\'s only free on call money adviser.

Answer by Research Team - IndianMoney.com | 11 days ago

InLoans and Credit Cards | More Answers (1) | Answer This Question | 126 views

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What is third party liability in an auto insurance policy??

By Manish | 15 days ago

If you are driving your car and it meets with an accident, you would have to pay claims and damages to the opposite party involved in the accident. These claims are settled by the insurance company on payment of the necessary premium. If you want to learn more about auto insurance please look up the website IndianMoney.com. This is Indias only free on call money adviser.

Answer by Research Team - IndianMoney.com | 15 days ago

InInsurance | More Answers (1) | Answer This Question | 162 views

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What is risk in an investment??

By Yogesh M | 16 days ago

The returns on your investment you get are different from what you expect. Either more or less. Generally less is what we complain about.If you want to learn more about financial planning please look up the website IndianMoney.com. This is India\'s only free on call money adviser.

Answer by Research Team - IndianMoney.com | 16 days ago

InFinancial Planning | More Answers (1) | Answer This Question | 174 views

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What is a co applicant of a loan??

By Madukar S | 19 days ago

Co-Applicant of a loan is the second signer of the loan. The Co-Applicant has as much responsibility to pay back the loan amounts as the primary applicant. The spouse can be a Co-Applicant of the Loan. If you want to learn more about loans please look up the website IndianMoney.com. This is India\\\\\\\'s only free on call money adviser.

Answer by Research Team - IndianMoney.com | 19 days ago

InLoans and Credit Cards | More Answers (1) | Answer This Question | 213 views

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What is a commercial vehicle loan??

By Suraj | 20 days ago

Banks offer loans for vehicles used for commercial purpose: like trucks, tippers, buses, light commercial vehicles, three wheelers. Commercial vehicle loan is a secured loan where collateral against the loan amount is a must..If you want to learn more about loans please look up the website IndianMoney.com. This is Indias only free on call money adviser.

Answer by Research Team - IndianMoney.com | 20 days ago

InLoans and Credit Cards | More Answers (1) | Answer This Question | 222 views

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At what age can you invest in a senior citizen savings scheme? What is the maximum amount you can invest in a senior citizens savings scheme? ?

By Pranav | 21 days ago

Senior citizens of 60 years and above are eligible for the senior citizens saving scheme. The investment in this account should not exceed INR 15 Lakhs and if multiple accounts are opened the net total in all the accounts should not exceed this amount. If you want to learn more about financial planning please look up the website IndianMoney.com. This is Indias only free on call money adviser.

Answer by Research Team - IndianMoney.com | 21 days ago

InFinancial Planning | More Answers (1) | Answer This Question | 235 views

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What is a comprehensive auto insurance policy??

By Praveen Kumar | 22 days ago

You are covered under this policy for third party liability as well as own damage.(Third party is the damage you cause to others vehicle and property).Own damage is destruction of your vehicle and injury to self). If you want to learn more about auto insurance please look up the website IndianMoney.com. This is Indias only free on call money adviser.

Answer by Research Team - IndianMoney.com | 22 days ago

InInsurance | More Answers (1) | Answer This Question | 249 views

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What is zone A and zone B in auto insurance??

By Narendra | 25 days ago

You have Zone A which includes Ahmedabad, Chennai, Delhi Mumbai, Kolkata, Bangalore ,Hyderabad and Pune where auto insurance premiums charged are higher. Zone B includes the rest of India..If you want to learn more about life insurance please look up the website IndianMoney.com. This is Indias only free on call money adviser.

Answer by Research Team - IndianMoney.com | 25 days ago

InInsurance | More Answers (1) | Answer This Question | 274 views

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