In your interest.
Online Personal Finance Magazine
No beating about the bush.
Religare Asset Management has recently launched its gold exchange-traded fund (ETF) called Religare Gold ETF. Gold ETF is a paper asset designed to track the gold price. You can get rid of the problem of holding physical gold. But is gold a good asset to buy? Nobody really knows that. It has already jumped manyfold over the past nine years. It may be time for gold to go down or sideways.
Essentially, the Indian mutual fund industry is driven by 39 key stocks!
India may boast of the one of oldest stock markets and also one of the most active stock markets in the world, but fund managers find it hard to pick stocks. When we pulled out data on all the stocks in the portfolios of 203 equity diversified schemes as on December 2009, guess how many stocks we found? Just 659....
Performance patterns over the past nine overlapping decades show that the market is now too expensive for funds as a whole to do well over the next 10 years. Still, there are many good funds to choose from
Mutual funds (MFs) are supposed to be the best option for those who do not know enough to invest directly in shares and stocks. However, selecting a mutual fund, especially for the long...