No more prepayment penalty – Cheer for home loan borrowers!

Two mulled over and announced decisions by the National Housing Board on Wednesday, 19th Oct, 2011, will bring cheer to the home loan borrowers this Diwali! The decisions are the following: NHB (National Housing Board) has barred the housing finance companies (HFCs) from charging prepayment penalty on floating rate home loans. In case of the… Read More »

All You Need to Know on Exchange Traded Funds

Over the past few days, the global stock market has seen a steep surge in the demand for Exchange Traded Funds (ETFs), as investors have opened up to this comparatively novel concept in the commodities market. ETFs are securities that are although tracked as a commodity, or an asset, can be traded as any ordinary… Read More »

Buy Mutual Funds Online – The Smart Way

The mutual fund industry has undergone a massive transformation with the introduction of an option that will enable investors buy mutual funds online. In the face of strict competition by several mutual fund houses, innovation and transformation of conventional market practices are being viewed critically by mutual fund houses in order to attract a large… Read More »

Equity Mutual Funds Shine Over Indices

While the sudden plunge of the markets has caught indices off-guard, equity mutual funds have managed the volatility well, outperforming the functioning of indices. Contrary to what many market observers had predicted initially, indices haven’t responded too well to the declining effect of the market, crashing heavily on the expectations of purchasers in the market.… Read More »