Bharat Bond ETF, the initiative of the Department of Investment and Public Asset Management (DIPAM) of the government, was launched on December 12.The government had announced plans for debt ETFs in Budget 2019. The ETF has a duration of 3 years maturing in 2023 with a yield return of 6.69 percent and another duration of 7 years maturing in 2030 with a yield return of 7.58 percent. Both will be listed on NSE and BSE.Stressing on the appeal factor of 3-year and 7-year duration, Deepak Jasani Head Retail Research, HDFC Securities said, "Returns of this 3-year variant could be compared to Banking and PSU debt funds that have an average maturity of 2-4 years and a similar portfolio holding. Longer duration variant (10-years) would naturally bear high duration risk and can be considered by informed investors who want to take high duration bets."Close This ETF is managed by Edelweiss Mutual Fund. So the fund is called Edelweiss BHARAT Bond ETF, and the fund will invest in the bonds … [Read more...] about Mutual funds wrap: Bharat Bond ETF NFO open until December 20; Will retail investors bite?
Equity release how long does it take
I could scarcely believe my eyes. I hadn't seen anything like that before. The number literally jumped off the page.Even my CEO was caught by surprise.You see, we are part of an international network of financial publishers. We keep track of what our peers from across the world are doing. Especially, the number of orders they get daily.Close We are used to seeing them sell 1,000 to 1,200 subscriptions per day on the day of a new launch. However, what I saw from one of the international colleagues that day was truly extraordinary. related news Double Your Income series: What kind of returns should you expect? Double Your Income series: Growth or value? What can make you richer in this bull market They had managed to sell a whopping 20,000 subscriptions of a new launch in one day flat. Effectively, they had outperformed the group average by a factor of 20x.Just to put things in perspective, you are a healthy business if you sell 10k to 15k subscriptions for the entire year.And … [Read more...] about Double Your Income series: Put into motion cause that leads to wealth-creation effect
Parents who want to raise their children in a gender-nonconforming way have a new stocking stuffer this year: the gender-neutral doll. advertisement advertisement Announced in September, Mattel’s new line of gender-neutral humanoid dolls don’t clearly identify as either a boy or a girl. The dolls come with a variety of wardrobe options and can be dressed in varying lengths of hair and clothing styles. But can a doll—or the growing list of other gender-neutral toys—really change the way we think about gender? Mattel says it’s responding to research that shows “kids don’t want their toys dictated by gender norms.” Given the results of a recent study reporting that 24% of U.S. adolescents have a nontraditional sexual orientation or gender identity, such as bisexual or nonbinary, the decision makes business sense. As a developmental psychologist who researches gender and sexual socialization, I can tell you that it also makes … [Read more...] about Pink for girls and blue for boys? What toymakers get wrong about gender
Congress President Sonia Gandhi on Saturday said the Citizenship Amendment Act would "shred the soul" of India as she launched a scathing attack on 'Modi-Shah government' over the law, alleging their sole agenda was to make people fight to serve their politics, and vowed that her party would not retreat in its struggle against injustice. Addressing the party's mega "Bharat Bachao Rally" (Save India) at Ramlila Maidan here, she also targeted the government over the economic situation and exhorted people to raise their voice to protect the country and its Constitution."The Congress and only Congress has always fought for people's rights. And today too, the Congress party is not going to retreat. Till our last breath, we will fulfil our duty towards protecting the country, democracy and the Constitution" she said."Andher nagri chaupat raja wala mahaul hai (confused leader, chaotic State)… kahaan hai sabka saath sabka vikas? What has happened to economy? Where are jobs?" she asked, … [Read more...] about CAB will shred India’s soul, time to rise to save country and its democracy: Sonia Gandhi
Delhi youngster Rishabh Pant has been long hailed as India's successor to MS Dhoni but has come under increasing criticism off late due to his work both behind and in front of the wickets. Virat Kohli recently came out in support of the 22-year-old and now batting coach Vikram Rathour has jumped to Pant's defense.The Indian team batting coach Rathour has backed Pant to be a "massive player" for Team India once he gets his confidence back by getting some runs against his name.Asked why the Delhi keeper-batsman kept getting chances despite low scores, Rathour attributed it to his "immense ability".Close Also Read | India vs West Indies 1st ODI preview: Where to watch, team news, possible XI and betting odds related news India vs West Indies ODI series: Captain Pollard says Windies have immense potential to succeed India vs West Indies: Easy to switch formats if game-plan is clear, Mayank Agarwal "The reason why we keep discussing him is that he has got an immense ability. … [Read more...] about India vs West Indies 1st ODI: Batting coach backs Pant to be “massive player” for IND