Investors who are bullish on the long-term prospects of the Indian equity markets, but believe valuations have run ahead and that the markets can be volatile over the next few months can stagger their investments using a systematic transfer plan or STP. WHAT IS A SYSTEMATIC TRANSFER PLAN? STP is a way to stagger money … Read more
Zerodha Fund House on Wednesday announced a new scheme and India’s first growth liquid exchange-traded fund (ETF)—Zerodha Nifty 1D Rate Liquid ETF. The fund is expected to be listed on the NSE and BSE exchanges by January 24. The Zerodha Nifty 1D Rate Liquid ETF replicates the Nifty 1D Rate Index, which measures the returns … Read more
As yields on 3-month treasury bills have increased to about 6.5%, popular fund manager Rajeev Thakkar of PPFAS Mutual Fund has suggested investors to shift idle funds from bank accounts to a liquid fund. “In case you have not noticed, central banks the world over have been increasing their interest rates. In India, yields on … Read more