Below is a comparison of the AMC charges for ATM cards from some of the leading banks in India. Bank ATM Card Annual Maintenance Charges State Bank of India Up to ₹425 plus taxes. HDFC Bank Up to ₹850 plus taxes. ICICI Bank Up to ₹4999 Federal Bank Up to ₹1000....
Fund of funds is a Mutual Fund which utilises its pool of resources to invest in various other kinds of mutual funds available in the market. Read more about it at Kotak Securities.
(a) What is a money market mutual fund? (b) Briefly describe the role of money market mutual funds in the commercial paper market. Money Market Money market means the market where money and highly marketable securities are bought and ...
A mutual fund is an investment vehicle, which pools money from investors with common investment objectives. It then invests their money in multiple assets, in accordance with the stated objective of the scheme. The investments are made by an ‘asset management company’ or AMC. For example, an...
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 ...
Answer and Explanation:1 After the effects of demonetization, people have deposited their money in the banks. There is a flood of money in the banks which has led to higher...
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Invest directly fromAMCwebsite Through an onlinemutual fund investmentplatform By using yourDemat Account Through registrars like Karvy andCAMS Through your Agent 1. Invest Directly from Asset Management Company For direct ELSS investment, you need to go to the mutual fund website. On the website...
HDFC Bank Credit Card Bill Payment Rent Payment Club Membership Other Bank Credit Card Bill Mutual Fund Installment Visa Bill Pay Recharge Broadband & Data Card Mobile Pre-Paid Recharge DTH Recharge Payment Solutions Taxes Payzapp FASTAG MyCards Cash, cheque, Demand Draft...
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