The RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operating from the International Financial Services Centre Banking Units to trade in the NDF segment.

A guide on exchange traded funds and the advantages of investing in them

A guide on what open-ended and close-ended mutual funds mean and what are their differences

There are times when diversifying investments across various sectors and companies can limit a fund’s performance as not all of them can outperform at the same time.

The profits or losses in the portfolio impact the Net Asset Value of your fund (NAV). Of course, there are some complexities to consider, but this is the heart of equity mutual fund investments.

Index funds are such passive mutual funds that invest the majority of their investible corpus in the underlying securities that comprise the benchmark in the same proportion without changing the portfolio composition.

As hybrid funds invest in both equity and debt, they are also referred to as multi-asset funds. Hybrid funds come with a wide range of features

That is where a financial plan comes in. In the market, numerous investment tools such as mutual funds and debt mutual funds are available

index funds aim at generating returns close to that of the underlying benchmark instead of outperforming.