This is the 1st installment of our 2 part series on ETFs.
What are ETFs?
ETFs are a basket of securities that are listed and traded on a recognised stock exchange. Simply put, they are mutual funds, whose units can be bought and sold on the stock exchange.
If you are looking to invest in India, do you sometimes wonder where to start?
Do you think India with its mature capital market, relatively control free economy and backed by professional banking services offers diversified investment options?
The first step is to assess your personal need for liquidity, capacity to take risks and the returns you are looking for.
Of late, many companies have set up mutual fund houses in order to capitalize on India’s booming economy. But do you know which of these were the first to set up shop in India? And how are they doing now?
The Indian mutual fund industry boasts of some of the most popular names of the business world, both Indian as well as foreign.
While there may be several occasions to redeem your mutual fund investment, here are the five most pervasive reasons.
A mutual fund investment is made with the intent of achieving a specific investment objective. Some of these investment objectives include, among others, planning for child’s education, planning for retirement, saving for a house/car.
In this article, we discuss the various scenarios when an equity fund is likely to hold a significant portion of its portfolio in cash.
1. Lack of investment opportunities
There are some funds (like value funds for instance), that opt for the mandate to hold a significant portion of their portfolio in cash.
Not sure which stock to buy? Unsure about which mutual fund will beat the market? Don’t worry. Take the simpler and cost-effective route. Opt for an Index ETF.
(An open-ended Exchange Traded Fund)
NFO open from 9th June 2008 to 20th June 2008
» No entry loads
Investors in the QIF do not need to pay any entry loads.
» Mirror of Nifty Index (Invest in India - Invest in NIFTY)
QIF is an ETF based on the S&P CNX Nifty (Nifty) Index, a well diversified index of 50 stocks accounting for 21 sectors of the economy.
HDFC Mutual Fund has launched a new scheme, designed to cater to your long-term equity investment requirement.
Invest In India