Hedge Funds in India – Features, Benefits & Comparison

Hedge Funds in India – Features, Benefits & Comparison

A word hedge means a strategy to protect an investment or portfolio against loss. Hedge funds use aggressive strategies for achieving maximum returns with minimum risks. A hedge fund is also called an alternative investment fund or AIF in India. A hedge fund doesn’t require registration with SEBI and it doesn’t have to disclose NAV periodically like a mutual fund. What is Hedge Fund? A hedge fund is a private investment instrument managed by money manager or fund manager. Hedge Fund make use of money […]


ICICI FDXtra – Innovative Fixed Deposit & Recurring Deposit – Review

ICICI FDXtra – Innovative Fixed Deposit & Recurring Deposit – Review

ICICI FDXtra is a new fixed deposit & recurring deposit scheme launched by ICICI Bank. FDXtra offers extra benefit of term insurance, mutual fund SIP or fixed income along with the fixed deposit. That is the reason word extra is attached to this product. A combination of attractive interest rates, liquidity, the safety of capital and assured returns are positive parts of ICICI FDXtra. If you are planning to invest in the fixed deposit you should look at ICICI FDXtra. […]


NPS Statement & Account Balance – How to Download?

NPS Statement & Account Balance – How to Download?

How to Download NPS Statement or check account balance online? NPS subscribers are always searching for this answer. In this post, I will share step by step method to download NPS statement. National Pension Scheme (NPS) is one of the best investment schemes for retirement planning. Apart from investment, NPS also act as very good tax saving tool. NPS allows additional tax benefit of Rs 50000 under section 80CCD (1B).  This amount can be claimed for deduction during a particular […]


Exchange Traded Funds as an Investment Option

Exchange Traded Funds as an Investment Option

Exchange Traded Funds (ETF) are passively managed funds that give returns equivalent to underlying index at low cost. Passively managed means it does not require an active involvement of fund managers. In exchange-traded funds, fund manager does not select stocks, it simply copies stock of underlying index for mimicking returns equivalent to index. There are multiple types of traded funds such as index fund, bank fund, money market fund, gold fund etc. The investor can invest in ETF based on […]


How to Find Best Child Education Investment and Saving Plan?

How to Find Best Child Education Investment and Saving Plan?

I want to invest money for child education and marriage. He is 1-year-old. Please suggest some best child education and saving plan. This question was asked on Zee News program “Money Guru” recently. An advice given by expert was purchase term plan and invest in child plans like ICICI Childcare plan and HDFC Child gift fund. Well, it was very easy for an expert to identify and advice on Best Child Education Investment and Saving plan. However, do you think […]