1.Gold etfs are the exchange traded funds managed by mutual funds. 2.Units can be purchased through demat account only. 3.Gold etfs primarily invests in gold and related instruments. 4.Nav is calculated upto 4 decimal points. 5.Recurring expense limit is similar to equity mutual funds. 6.Gold etfs are benchmarked against prices of physical gold. 7.As per…
HDFC MUTUAL FUND SCHEMES OUTPERFORMED THIS YEAR:
FUNDS FROM HDFC MUTUAL FUND FAMILY HAVE OUTPERFORMED THIS YEAR. MOST OF THE FUNDS HAVE ABLE TO BEAT THE BENCHMARK. THE RETURNS ACHIEVED BY EQUITY SCHEMES OF HDFC FUNDS ARE AS FOLLOWS: 1.HDFC BALANCED FUNDS: 17.01 %, CATEOGARY RETURNS : 9%. 2.HDFC PRUDENCE(BALANCED) : 17.09%; CATEOGARY RETURNS : 9% 3.HDFC CAPITAL BUILDER(MID-CAP) : 14.99%. CATEOGARY RETURNS…
IPO – MUTHOOT FINANCE LTD :
ABOUT MUTHOOT FINANCE: MUTHOOT FINANCE LTD IS A “SYSTEMATICALLY IMPORTANT NON-DEPOSIT TAKING NBFC” AND IS THE LARGEST GOLD FINANCE COMPANY IN TERM OF NUMBERS OF LOAN PORTFOLIO. BRANCH NETWORK IS LARGEST AMONG GOLD FINANCE COMPANIES. PROMOTERS OF COMPANY ARE: MR.M.G.GEORGE MUTHOOT,MR.GEORGE THOMAS MUTHOOT,MR.GEORGE JACOB MUTHOOT,MR.GEORGE ALEX. MUTHOOT. GRADE / RATING: 4 OUT OF 5 BY CRISIL…