What is the difference between a microfinance company and a small finance bank? Why is the P/E ratio of ICICI bank 11.6, while HDFC is 23.4? Both seem to be quite well-established banks and operate similarly. What is the difference between ...
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 bench...
the Reserve Bank of India.Ten core promoter banks are, State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC.
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...
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...