Thus there are a lot of insurance companies that offer various insurance policies and mutual funds for people to buy or invest to. In India, the most famous companies include Reliance Mutual Funds, Birla Sun Life, and Kotak Mutual Funds.
The Reliance Mutual Fund further empowers the investments to fixed-income securities and equity markets of different sectors and companies. This leads to more generation of income for the investors of RMF. The best benefit that RMF offers is its exemption form income tax since RMF is it registered with the Securities and Exchange Board of India. Thus, mutual funds Reliance company provides include Growth Fund, Visions Fund, Banking Fund, Pahrma Fund, Media & Entertainment Fund, NRI Equity Fund, Equity Opportunities Fund, Index Fund, Tax Saver Fund, Regular Saving Fund, Natural Resources Fund, Equity Fund, and more other plans and policies.
On the other hand Birla Sun Life Mutual Fund India. venture between Aditya Birla Group and Sun Life Financial Services. Birla Sun Life Insurance is a leading private life insurance company in India. BSLI has gained its customers’ trust through its complete transparency, corporate governance, and professional dealings. BSLI offers valuable and transparent transactions on mutual funds, dream plans, and international equity funds. Further products of Birla include protection Policies and Savings Based Policies like BSI Saral Jeevan, BSLI Gold-Plus, ClassicLife Premium, Supreme Life, Simply Life, and Dream Plan.
Consequently, Kotak Mahindra Mutual Funds is another leader of life insurance and mutual funding in India. The firm is being supported by Kotak Mahindra Bank which is one of India’s top financial institutions. KMB offers a wide range of financial solutions from life insurance, stock broking, investment banking, and commercial banking. Kotak Mahindra Bank certainly is the quality and asset manager of Kotak Mahindra Mutual Fund. KMMH is the first company in the country that devoted a gild scheme prioritizing on government securities. Mutual funds offered by Kotak include Funds & Equity Funds, Balance Funds, and Debt Funds.