HDFC Mutual Fund has announced a New Fund Offer – HDFC MNC Fund – a thematic fund benchmarked to the Nifty MNC Index. As per the index factsheet available on NSE, the Nifty MNC Index comprises 30 listed companies on National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. HDFC MNC […]
Arbitrage Funds – What are they? “I want my investment to be safe, tax-free and give me higher returns than an FD”. In search for this “ultimate” investment, one of the strategies investors use is arbitrage. Understanding arbitrage Simply put, you buy a stock in the cash market and you book an advance sale of it in the futures market where […]
The most important thing you will do today is update nominees in your investments. Nomination is important in all your assets/investment. It allows your nominees/heirs to, at least, access the money, if something were to happen to you. Even SEBI, the regulator, insists that all individual investor(s) irrespective of mode of holding, must either provide […]
ICICI Pru Asset Allocator Fund of funds invests dynamically in a mix of equity, bonds and gold. It is emerging in several shortlists and a top fund as per star ratings. Should you consider investing in this fund? A large part of the mutual fund industry has been to bring FD and LIC investors into […]
Why does an investor end up with a bloated mutual fund portfolio? This is a question I ask everytime I see one. I want to know the reasons, specially the investor’s thinking in doing so. Here’s how a mutual fund portfolio is looking.
Choosing mutual fund on the basis of returns only is deadly. Here’s how