The mutual funds advisory committee is also looking at more reforms. The advisory is recommending the asset management companies to lower the fund management fees from the present. The fund houses currently charges 1.25% as asset management charges for the first Rs 100 crore garnered by a scheme, and 1 per cent thereafter. It is… Read More »
During a market downturn, ETFs have different provisions in everyday tools for doing allocation of assets in line with your risk appetite and tolerance and your financial goals. This way you can protect your portfolios. You can allocate assets in various classes by reducing your portfolio exposure to equity capitalizations, assets and sectors that could… Read More »
Following banking giants such as SBI, ICICI Bank and HDFC, state-owned IDBI Bank has joined the home-loan war with the launch of its fixed cum floating rate home loan. The bank is offering 8.25 per cent fixed rate for all its new loans till March 2012.
A strong focus on retail advances has helped State Bank of Hyderabad (SBH) to pick up credit growth during the months of October-November.
SBI Life Insurance has tied up with Coromandel International Ltd to offer insurance in rural areas in Andhra Pradesh through Coromandel’s ‘Mana Gromor’ brand of rural retail outlets.
Visakhapatnam Urban Co-operative Bank has crossed the Rs 1,000-crore mark in business turnover. The bank has Rs 594 crore in deposits and the rest in advances.
Tata Motors has entered into an agreement with Vijaya Bank according to which the bank would provide loans for financing of the purchase of vehicles manufactured by Tata Motors.
P/E ratio (Price Earnings Ratio) shows what the market thinks about the earnings potential and future business forecast of a company. Companies with high P/E ratios are the darlings of the investors and thus enjoy a higher market rating. In order to use the P/E ratio properly, take into account the future earnings and growth… Read More »
These funds are suitable for novice investors who don’t have any clue about the stock market investment. However over a long term, these funds should form a part of overall portfolio of investors. This is because investing solely in these funds will deprive the investors of earning higher returns generated by mid and small cap… Read More »
As a matter of prudence one might think of withdrawing investments from risky products to safe ones, just before the requirements arise. Say, disposing off the equity investments just when the junior is 16 or 17 and putting the money in MMMFs or debt funds or fixed deposits. This practice shall definitely bring the return… Read More »