Taurus mutual fund has come up with New fund offer of fund related to banking & financial services.Primary details of NFO are as follows: Scheme Objective: Capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of banking,financial and non-banking financial companies that form a part of BFSI sector. NFO Period:…
Few Operational Updates In Mutual Funds:
Mutual funds will undergo few operational changes and they will be mostly of the nature of risk mitigation,fraud avoidance and any other operational risk with the view to protect the interest of the investors. Unit holders of HDFC mutual funds have received email in this regard and few important points notified are as follows.These changes…
Gold ETF And E-gold Turnover on Akshaya Tritiya:
As expected there was a huge turnover in Gold market on the day of Akshay Tritiya..whether it was jewellary shop,Indian post or nationalised banks everywhere there was a que. There was also increse in overall turnover of Gold ETfs.Today we will take a brief look at turnover achieved by different Gold ETFs in India. Following…