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ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3] The investments tracked and managed on the app is US$3 billion (₹ 22,500 crore) as of March 2022. [1]
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States , Canada , and India , while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...
Mutual funds are a popular way to invest because they let you pool your money with money from other investors to buy into a portfolio of stocks, bonds or other assets. The diverse nature of the...
Bond mutual funds — low risk: 5%-6% Money market mutual funds — lowest risk: Around 1% When looking at returns, you should look at not only the year-to-date return, but also five-year, 10-year ...
Such apps are compiled in the Android-native APK file format which allows easy redistribution of apps to end-users. Most apps are distributed through Google's Play Store but many alternative software repositories, or app stores, exist. Alternative app stores use Android devices' "Unknown Sources" option to install APK files directly via the ...
As everyday prices continue their upward climb, smart savers are turning to certificates of deposit to safeguard their money's real value. This week's inflation report showed a 2.9% year-over-year ...
PhonePe announced the acquisition of $350 million from General Atlantic, a US growth equity firm, at a pre-money valuation of $12 billion. [23] Subsequently, another $100 million was attained in primary capital in February 2023 from Ribbit Capital , Tiger Global , and TVS Capital Funds, followed by $200 million in primary capital from Walmart ...