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you make an informed decision. It also helps if you are able to differentiate between the various available avenues. That way, you can better choose for yourself where to invest all your hard earned money. You can generate better returns on your money, based on your preferences and ...
HDFC SMS BankingDifference between Inactive and Dormant Savings AccountIf you have a bank account you no longer use, you must make sure to close it. Read on to learn about the differences between an inactive savings account and a dormant savings account. Check your Credit Score for Free What...
Zero balance account - Top banks in India, including State Bank of India (SBI), ICICI, HDFC Bank, and Axis Bank, offer zero balance saving accounts to their customers. A zero balance saving account does not require the customer to maintain a minimum balance in the account. SBI Basic ...
Index Mutual Fund is a Mutual Funds which invests in the securities as the index it follows.For example,SBI Nifty Fund invests in stocks of companies like Reliance, HDFC Bank in the same proportion as Nifty. What is Index? An index is an indicatoror measure of something.In the case of ...
What is the difference between the investment style of Mutual Funds and ETFs? MFs invest in a variety of assets such as equity, debt, gold or a combination of these. On the other hand, ETFs are portfolios of assets that replicate an index or a specified group of assets. How are Mutual...
Difference between Sensex and Nifty Nifty and Sensex are used as a benchmark for Mutual Funds, index funds and index-based derivatives. Nifty and Sensex are the barometers of the Indian economy. Like average marks in class tell about performance of the class or blood reports tell about the...
Interestingly, two large cap ETFs - HDFC Nifty 50 ETF and Nippon India ETF S&P BSE Sensex have outperformed their respective benchmarks by tracking difference of 0.01% and 0.04%. Tracking difference is simply the difference between returns generated by the fund and its benchmark. ...