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Showing posts from June, 2023

PNB Select Rupay Credit Card Review - Benefit and features

If you are looking for a credit card that offers you a range of benefits and features, you might want to consider the PNB Select Rupay Credit Card. This card is issued by Punjab National Bank (PNB), one of the largest public sector banks in India, and is powered by Rupay, the Indian payment network. Here are some of the reasons why you should choose this card: - Reward points: You can earn 2 reward points for every Rs. 100 spent on your card. You can redeem these points for various products and services from the PNB reward catalogue. You can also convert your reward points into cashback at the rate of 1 point = Rs. 0.25. - Lounge access: You can enjoy complimentary access to select airport lounges across India, up to 2 times per quarter. You can also avail of a 30% discount on lounge access fees for your accompanying guests. - Fuel surcharge waiver: You can save on fuel expenses by getting a 1% waiver on fuel surcharge at any petrol pump in India, up to Rs. 250 per month. - Insurance c...

Comparison of all momentum ETFs in India with respect to returns, expense ratio, and tracking error

Comparison of all momentum ETFs in India with respect to returns, expense ratio, and tracking error etc. ETF Returns (1 year) Expense Ratio Tracking Error Liquidity Other Factors Motilal Oswal Nifty 200 Momentum 30 ETF 14.46% 0.08% 0.30% High Low minimum investment Nippon India Nifty Next 50 Junior BeES ETF 15.96% 0.15% 0.25% Medium No minimum investment ICICI Prudential Nifty Infrastructure ETF 12.78% 0.20% 0.35% Low No minimum investment Motilal Oswal NASDAQ Q 50 ETF 19.22% 0.25% 0.40% Medium No minimum investment As you can see, the returns of these ETFs vary significantly, but they all have low expense ratios and tracking errors. Liquidity is also good, with all of these ETFs having high trading volumes. Other factors to consider when choosing a momentum ETF include the minimum investment requirement and the fund's management style. Some ETFs have low minimum investment requirements, making them a good option for investors with small portfolios. Other ETFs have more active man...