Silver is driving a precious metals rally while gold is being pulled behind it.Though there was a shaky start for precious metals this week,,both are able to end the week with a strong,bullish note. As per market analysts inflation data from China and united states is the main concern and is currently main driver of both…
GOLD ETFs IN INDIA:
1.Gold etfs are the exchange traded funds managed by mutual funds. 2.Units can be purchased through demat account only. 3.Gold etfs primarily invests in gold and related instruments. 4.Nav is calculated upto 4 decimal points. 5.Recurring expense limit is similar to equity mutual funds. 6.Gold etfs are benchmarked against prices of physical gold. 7.As per…
HDFC MUTUAL FUND SCHEMES OUTPERFORMED THIS YEAR:
FUNDS FROM HDFC MUTUAL FUND FAMILY HAVE OUTPERFORMED THIS YEAR. MOST OF THE FUNDS HAVE ABLE TO BEAT THE BENCHMARK. THE RETURNS ACHIEVED BY EQUITY SCHEMES OF HDFC FUNDS ARE AS FOLLOWS: 1.HDFC BALANCED FUNDS: 17.01 %, CATEOGARY RETURNS : 9%. 2.HDFC PRUDENCE(BALANCED) : 17.09%; CATEOGARY RETURNS : 9% 3.HDFC CAPITAL BUILDER(MID-CAP) : 14.99%. CATEOGARY RETURNS…