In the past few years, there is a spate of launches of smart Beta funds or semi passive or index fund with a minor twist. Adjusted for volatility, quality, momentum, weights, caps – you can have your pick. One of the latest smart beta NFOs is the ABSL Equal Weight Nifty 50 Index fund. Seems […]
2 key changes in Mutual Funds in 2021
We will keep this short and straight. #1 Renaming of the dividend plan to IDCW The dividend plans of mutual funds are now called IDCW or Income Distribution and Capital Withdrawal plan. You see, dividends with mutual funds hardly ever made sense. They only redistribute any money earned via dividends from stocks or interest on […]