Index funds are the type of mutual fund whose portfolio is designed to mimic a market index and earn returns similar to the index. Here's why you should consider adding an index fund to your portfolio: Low fund management cost as it is passively managed. As the market index goes up, ret...
Index mutual funds tend to be ideal for risk-averse investors. Before making any investment decisions, it is prudent to make use of amutual fund calculatorto understand the potential returns of different funds. Such...
Dividend Distribution Tax (DDT): Previously, mutual funds in India were subject to a Dividend Distribution Tax (DDT), which was paid by the mutual fund on the dividends distributed to investors. However, this tax was abolished in the Union Budget 2020, and investors are now liable to pay ta...
Different Ways to Invest in Index Funds There are currently two ways to invest in index funds, 1. Open Ended Index Funds (‘OEIF’) This is the same system as the mutual fund, where in accordance with NAV, the units can be bought and sold. The cost and returns can be lower as comp...
Over the past few years, globally and in India, there has been a shift from Actively managed mutual funds to passive investing i.e investing in Index funds or ETF (Exchange-traded funds). In Dec 2017, Warren Buffett won the bet of a million dollars placed in 2007 that an index fund ...
ETFsTracking errorFund flowsPanel regressionThis paper examines the performance and determinants of fund flows to index exchange traded funds (ETFs) and index mutual funds in India that track either S&P BSE SENSEX or CNX Nifty. We empirically......
More funds from PGIM India Mutual Fund Fund nameAUM (in Crs.)1Y3Y PGIM India Dynamic Bond Fund ₹106 Crs 10.09% 7.03% PGIM India Gilt Fund ₹116 Crs 9.69% 6.72% PGIM India Money Market Fund ₹171 Crs 7.45% 6.64% PGIM India Ultra Short Duration Fund ₹241 Crs 7.45% 6.53% P...
Note:It is important to note that index mutual funds are passively managed, meaning they do not rely on the expertise of a fund manager to make investment decisions. Instead, they follow a predetermined set of rules based on the composition of the target index. This can be seen as a disad...
The Nifty 50 serves as a benchmark for numerous index funds and Exchange-Traded Funds (ETFs). Consequently, companies included in the index automatically become part of these passive investment options, resulting in a steady influx of funds from mutual funds tracking the Nifty 50. Greater Research...
Mutual funds based on ESG are also being introduced such as Quantum India ESG Equity Fund, Axis ESG Equity Fund (February 2020), ICICI Pru ESG Fund (October 2020). Internationally, the Dow Jones Sustainability Index (DJSI) was introduced in 1999. Created jointly by S&P Dow Jones Indices and...