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 ...
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 ...
Tracking difference 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 benchm...
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 f...