SBI Mutual Fund has announced the launch of its Exchange Traded Fund based on one of the NSE Strategic Indices. SBI ETF – Quality would track the NSE 2011 Quality 30 index. The NFO is open between Nov 26 and Nov 30, 2018. In this short article, we look at the unique features of this
Investing, and tracking investments, using mobile phones has become very popular in India. In this short article, we look at a possible checklist that helps you evaluate the apps. I would not suggest a particular app – one major reason being that this is a rapidly growing segment and there could be a new app
Direct plans have been a part of the Indian mutual fund industry from Jan 1, 2013. It won’t be wrong to expect that all those who wanted to switch from regular plans to direct plans would have done so. A recent question in Quora indicated that people are still considering thw big switch. In this
Unit Linked Insurance Plans (ULIPs) have always been aggressively positioned in India. The recent (re)introduction of Long Term Capital Gains (LTCG) Tax on equity has added another dimension to the promotion of ULIPs. In this illustrative post, we look at how Equity mutual funds still provide better post-tax returns due to their flexibility and choice.
Systematic Investment Plan (SIP) is growing in popularity every month. A good percentage of mutual fund inflows is through SIPs. A large number of calculators exist to help one with planning a SIP. Most calculators miss the most critical input – the projected increase in investment amount. In this article we look at the importance
New Fund Offer (NFO) is done by a mutual fund house when they launch a new scheme/fund. Investopedia describes NFO this way: Promotion Promotion What is a ‘New Fund Offer – NFO’ A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when