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What is Beta of a Portfolio?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300     Beta measures the relative risk of a fund or portfolio in relation to the market portfolio. In other words, it reflects the systematic risk associated with the fund. The market index has a beta of one. A beta higher than one means the fund is riskier than the benchmark and a beta less than one indicates lesser volatility than the benchmark. A beta of 1.1 implies that the fund has a volatility that is 1.1 times the benchmark volatility. Volatility is not necessarily a bad thing. All that a beta suggests is that if the underlying stocks in an equity fund are chosen in such a way that their cumulative beta is say 1.2, if the market benchmark goes up by 10%, you should expect this fund to go up by 12% and conversely, if the ma

Documents required to Open a PPF Account?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300     The documents required are any one of the proof of Identity, any one of the address proof and 2 recent passport size photographs and of course filled provident fund form. Original documents would be required along with self attested copies of both the documents.   The documents which can be submitted as Identity proof are: 1) Pan Card 2) Driving license 3) Voter`s Id card 4) Passport   The documents which can be submitted as address proof are: 1) Telephone Bill 2) Ration card 3) Electricity bill 4) Voter`s Id card   For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call     Leave a missed Call on 94 8300 8300   Leave your comment with mail ID an

Templeton India Income Builder Invest Online

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300       Investment Objective   The scheme seeks to provide reasonable return, regular income, liquidity and safety through investment primarily in quality fixed income instruments. Ideal for a time horizon of 6 months to 3 years.   Fund Managers   Sachin Padwal-Desai since Jul 2004 Umesh Sharma since Jul 2010 Analysis As on Dec 23, 2013   The fund behaves like a dynamic bond fund with the fund manager changing the average maturity as per his conviction.   Strategy The primary objective is to generate a steady stream of income through investments in fixed income securities. Ideally, for a time horizon of 6 months to 3 years.   It is a scheme designed for investors seeking regu
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