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:…
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 :…
ELSS – Mirae Asset Tax Saver Scheme:
Mirae Asset Tax Saver Fund is open for subscription now.One can invest in ELSS scheme of mutual fund and avail tax benefit u/s 80C up to investment of Rs.1,50,000/-. Few comparable 80C investment options available for investors: Instrument Returns Lock In Period Taxation ELSS Market Linked 03 Yrs Tax Free Dividends…