Exchange-traded funds (ETF) are a relatively new species of mutual funds in india. They provide a cost- efficient and secure way to access the gold market. Similar to owning the mutual funds units of a diversified equity fund, units in an ETF can be easily bought or sold. What’s more, one may trade on them like any other stock on the exchange through terminals across the country. (more…)

Tags: ETF, Exchange-traded funds, GETF, Investing in gold, MUTUAL FUNDS

ICICI Pru MF adds new plan in Interval Fund-Monthly Income Plan I
ICICI Prudential Mutual Fund has approved introduction of Institutional option under ICICI Prudential Interval Fund-Monthly Income Plan I with effect from 12 August 2008. (more…)

Tags: icici, MUTUAL FUNDS

Franklin Templeton MF launches two plans under FTFTF-X
Franklin Templeton Mutual Fund has announced the launch of Plan B and Plan D under Franklin Templeton Fixed Tenure Fund-Series X (FTFTF-X), a closed ended income fund.

The Plans will be launched on 13 August 2008 and NFO will close on 18 September 2008. Date of allotment (more…)

Tags: MUTUAL FUNDS

If the past four years were the best for Indian investors, the past six months could turn out to be the worst. Especially badly hit were sector funds (more…)

Tags: MUTUAL FUNDS

Mutual funds have certainly come of age in India. More and more investors are including mutual funds in their investment plan. But, as mutual funds are becoming increasingly important in the financial landscape, many investors - especially those who invest in equity funds - face certain dilemma and issue every now and then. Here are some of them and how they can be tackled. (more…)

Tags: MUTUAL FUNDS