Edelweiss will launch Banking ETF – Exchange Traded Fund on Dec 14, 2105.ETF will track bank Nifty movement and offer returns closely resemblance to it. Since it is ETF, Demat account is mandatory. Bank Nifty constitutes bunch of private & PSU Banking stocks.Current bank Nifty constituents and their weightage in Bank Nifty is as follows:…
7.53% IRFC Tax Free Bonds Dec 2015:
Indian Railway Finance Corporation – IRFC – financing arm of Indian railways – which was formed with an objective to finance development needs of Indian railways. IRFC will issue Secured, tax free bonds through one or more tranches in FY 2015-2016. IRFC will issue tax free bonds worth Rs.1000 crore through Tranche-1 with option to…
HDFC Top 200 SIP Continue Or Not:
After recent under performance of HDFC Top 200 fund,there is dilemma among investors whether continue to invest or not.We have tried to take review of risk associated with it and its comparison with peer funds. HDFC Top 200 : HDFC top 200 – large cap oriented fund Bench marked against BSE 200. Fund inception :…