🚂 Current Fix Deposit Rates 🌞 SBI - General Citizen 3% to 7.10% Senior Citizen - 3.60% to 7.60% 🌞 HDFC - General - 3.00% to 7.25% Senior Citizen - 3.50% to 7.75% 🌞 ICICI - General - 3% to 7.10% Senior Citizen - 3.50% to 7.60% 🌞 PNB - General - 3.50% to 7.25% Senior Citizen - 4% to 7.75% 🌞 Kotak Mahindra - General - 2.75% to 7.20% Senior Citizen - 3.25% to 7.70% 🌞 Axis - General - 3.50% to 7.10% Senior Citizen - 3.50% to 7.85% 🌞 Bank of Baroda - General - 3% to 7.25% Senior Citizen - 3.50% to 7.55% 🚂 Current Recurring Deposit Rates 🌞 SBI - General 4.40% to 5.50% Senior Citizen 4.90% to 6.20% 🌞 ICICI - General 3.50% to 5.50% Senior Citizen 4% to 6.30% 🌞 HDFC - General 4.40% to 5.50% Senior Citizen 4.90% to 6.25% 🌞 KOTAK - General 4.30% to 5.20% Senior Citizen 4.80% to 5.70% 🌞 AXIS - General 4.40% to 5.75% Senior Citizen 4.65% to 6.50% 🌞 IDBI - General 7% to 7.15% Senior Citizen 7.50% to 7.65% ☁️ National Pension Scheme - 9% to 12% pa ☁️ Employees Provident Fund - 8.15% pa ☁️ Public Provident Fund - 7.1% pa Exchange Traded Funds

Ticker

Horizontal Responsive

Exchange Traded Funds

What is Exchange Traded Fund?

Exchange Traded Funds are investment funds that are traded on national stock exchange.  In Exchange Traded Funds variety of assets such as stocks, bonds, debt, futures contracts and commodities investor can buy or sell in market hours.  The Exchange Traded Fund offers various benefits that is diversification, liquidity, transparency, cost effectiveness etc.,

One of the popular examples Exchange Traded Fund is the Nifty 50 ETF, it is commonly used by investors to gain exposure to the overall performance of the equity market while benefiting from diversification and cost efficiency.  The Nifty 50 ETF is a clone the performance of the Nifty 50 index, which includes 50 well known and most liquid stocks listed on the National Stock Exchange.    

Here Some of the Key Features:

Diversification: By investing in the Nifty 50 ETF, investors gain exposure to a diversified portfolio of large-cap Indian stocks across different sectors.

Liquidity: The Nifty 50 ETF typically has high liquidity, allowing investors to buy or sell shares easily on the stock exchange throughout the trading day.

Low Costs: ETFs in India generally have lower expense ratios compared to actively managed mutual funds, making them cost-effective investment options.  Since ETF do not offer active management, hence do not have to employ highly paid managers, that why ETF charges are very low in cost as compare to active management fund.

Transparency: ETF are disclosed holdings publicly that permitted investors to know which stocks they are invested.

Benefits in Tax: ETF have lower tax liabilities for investors compared to other investment options.

Example:

The ICICI Prudential Nifty ETF aims to replicate the performance of the Nifty 50 index. This index comprises the 50 largest and most liquid Indian stocks listed on the National Stock Exchange (NSE).

Key Features:

Diversification: By investing in the ICICI Prudential Nifty ETF, investors gain exposure to a diversified portfolio of large-cap Indian stocks across different sectors.

Liquidity: This ETF typically has high liquidity, allowing investors to buy or sell shares easily on the stock exchange throughout the trading day.

Low Costs: ETFs in India generally have lower expense ratios compared to actively managed mutual funds, making them cost-effective investment options.

Transparency: The holdings of the ICICI Prudential Nifty ETF are publicly disclosed regularly, enabling investors to know which stocks they are invested in.

Tax Efficiency: ETFs in India often have tax advantages compared to other investment options, potentially resulting in lower tax liabilities for investors.



Tags: