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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]
Within equity funds are small-cap funds, large-cap funds, value funds, growth funds, and more. Index funds One of the most popular kind of fund is an index fund , which buys a preset collection of ...
Mutual funds offer instant portfolio diversification by spreading your investments across numerous assets. For example, Vanguard’s VTWAX distributes my money over more than 9,000 stocks in the U ...
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.
The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.
FundsIndia (est. 2009) is an online investment website headquartered in Chennai, Tamil Nadu. [3] [4] The website is owned by Wealth India Financial Services Pvt. Ltd. [2] It was initially created just for mutual funds but later introduced other investment products like stocks, corporate fixed deposits, bonds, and more. [5]
The company tied up with State Bank of India in 2006, [8] Punjab National Bank in 2007 [8] and Axis Bank in 2013 [9] to offer online trading to its customers. In January 2010, the company set up a mutual fund business named as Motilal Oswal Asset Management Company (MOAMC). [10]
A financial intermediary is an institution or individual that serves as a "middleman" among diverse parties in order to facilitate financial transactions.Common types include commercial banks, investment banks, stockbrokers, insurance and pension funds, pooled investment funds, leasing companies, and stock exchanges.