Vedanta Share Price Today - Vedanta Share Price Live Update - mymoneykarma

Why Invest in Vedanta Resources?

The Vedanta company has forayed into a unique PPP, with the Ministry of Women and Children Development, GoI to start "Project Nandghar" across India. Vedanta invested the US $37 million towards community development in 2015-16, benefitting over 2.25 million people globally. The Confederation of Indian Industry (CII) ranked Vedanta Limited and its subsidiary Hindustan Zinc among the top ten sustainable firms in India. In FY2016, Vedanta recycled 47% of the fly ash generated through operations, as well as recycled 23% of the water utilized during its operations. But before investing, do your research or choose mutual funds as an alternate option.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

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