Creation and redemption is a process of making and destroying ETFs according to their demand. You can understand the supply and demand process of an ETF with an example of close ended fund. A basic difference between ETFs and closed-ended funds is their reaction to supply and demand in the market. In the case of … Continue reading Creation and Redemption Process of ETF and how it works.
An exchange-traded fund (ETF) is a combination of share and mutual fund. Like a mutual fund in ETF money is pooled from different investors and invested in stocks comprising an index and traded on exchange like a stock. Most of the ETFs are passively managed and closely track an index. Hence they are passively managed, … Continue reading What is Exchange Traded Fund and how they different from MFs
The Election Commission of India is going to launch the e-EPIC (Electronic Electoral Photo Identity Card) programme on Monday (January 25), the National Voter’s Day. e-EPIC is a non-editable secure portable document format (PDF) version of the EPIC with a secured QR code with image and demographics like serial number, part number, etc. You can … Continue reading Now you can download voter ID like Aadhaar Card
The easily withdrawable savings only for unexpected expenses is called an emergency fund. An emergency fund helps you and your family to face financial crises in an emergency like job loss, medical, home and car repair or other unexpected events.