Over the past two years, mutual funds (MFs) have started offering a wider range of ETFs: smart-beta products, mid-cap, sectoral and those linked to the US markets. In August, HDFC MF floated a banking ETF. ICICI MF rolled out an ETF focusing on the information technology (IT) sector and also an Alpha Low Vol 30 ETF in August. … [Read more...] about Investors take to ETFs as fund houses serve a wider spread
Etf dollar cost averaging
Physical gold: Buying jewellery and gold coins is still one of the most popular modes of investing in gold. But holding gold in physical forms comes with two main disadvantages. Apart from the additional cost incurred for safekeeping, buying physical gold also comes with purity-related concerns. Additionally, one may also face challenges in accessing physical gold stored in bank lockers or selling it during a political turmoil or natural disaster. … [Read more...] about What’s the best way to invest in gold now?
Mild recovery was seen in the United States Dollar/Indian Rupee (USD/INR) pair in the trading week gone by. As per expectations, the bears took a breather after a massive fall during August 24-September 1 week and the currency pair closed with a weekly gain of approximately 14 paisa at 73.43 per US dollar. … [Read more...] about Negative bias seen in USD/INR pair in upcoming week; deploy modified Bear Call Spread
The US unemployment claim data which measures the number of people claim for first–time unemployment benefits, has come almost in line with estimates. The data released on August 27 shows that over 1 million people claimed unemployment benefits which are almost in line with the estimates of economists, polled by Dow Jones. … [Read more...] about ‘Short-covering can’t be ruled out in USD/INR, deploy Married Put in coming week’
The silver lining is that the mutual fund industry added 11.16 lakh new SIP accounts in August. Almost equal additions were made in the month of July as well. Currently, mutual funds have about 3.30 crore SIP folios through which investors regularly invest in schemes. … [Read more...] about Mutual funds managed 3.30 crore SIP accounts as on August 31; inflows fall a tad