Mutual Fund vs Exchange Traded Fund

Difference between Mutual Fund and Exchange Traded Fund

Basis of DifferenceMutual Fund (MF) Exchange Traded Fund (ETF)
ObjectiveTo earn relatively higher returns than
benchmark
Vs
To replicate the performance of the
index the ETF tracks
MeaningA trust which pools the savings of
several investors together and invest
this collected fund in diversified
basket of securities at low cost
Vs
An investment scheme which tracks a
particular index. It is compulsory to
list the ETF and it can be traded on a
stock exchange on which it is listed
DiversificationInvests in diversified assets
Vs
Invests based on a particular index
ManagementActive management
Vs
Passive management
Unit priceNet Asset Value (NAV)
Vs
Quoted price
Fractional unitFractional units can be issued to the
investor
Vs
Can not issue fractional units to the
investor
Expense RatioHigher
Vs
Lower
BrokerageNo, if transacted directly
Vs
Yes
TransactionFrom mutual fund house
Vs
From stock exchange
Demat AccountNot required
Vs
Mandatory
TransparencyPortfolio and performance are disclosed
on quarterly basis
Vs
Portfolio and performance are disclosed
on daily basis

Upcoming Bank Holidays

2017 August 07 is a bank holiday in Daman And Diu due to Raksha Bandhan.
2017 August 14 is a bank holiday in Bihar due to Janmashtami.
2017 August 15 is a bank holiday in Andaman And Nicobar Island due to Independence Day.
2017 August 15 is a bank holiday in Arunachal Pradesh due to Independence Day/Janmashtami.

Search IFSC/MICR/ATM

 

 

 

Financial Calculators

Search Bank By Branch

Bank Interest Rates

ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED BANK OF AMERICA
BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON BANK OF INDIA
BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK BHARATIYA MAHILA BANK LIMITED
Calyon Bank CANARA BANK CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA
CHINATRUST COMMERCIAL BANK LIMITED CITI BANK CITY UNION BANK LIMITED CORPORATION BANK
DBS Bank Ltd DCB BANK LIMITED DENA BANK DEUSTCHE BANK
DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED OMAN INTERNATIONAL BANK SAOG
ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK RBL Bank Limited
SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE SONALI BANK LTD
SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR STATE BANK OF HYDERABAD
STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA STATE BANK OF TRAVANCORE
SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED THE BANK OF NOVA SCOTIA
THE NAINITAL BANK LIMITED UBS AG UCO Bank Ujjivan Small Finance Bank Limited
UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED UTKARSH SMALL FINANCE BANK
VIJAYA BANK Woori Bank YES BANK ZILA SAHAKARI BANK LTD