If you are already an Expowealth user, perhaps you've already tried our Upload CAS feature. It makes tracking all your mutual fund holdings very easy just with the click of a single button. And since we help with transactions as well, you can start managing your portfolio right away!
However, many of our users also hold direct equity, corporate bond and other holdings through one or more demat accounts. One has to either track these investments through the reports sent by the broker or has to view the lengthy CAS statements sent by NSDL/CDSL to try and figure out what they hold and how is it performing. With this in mind, we thought there could be a better way to manage all your investments, without the need to go through those sign-up forms and painstakingly enter all the data.
Expowealth has created a CASREADER, with the ability to process and create a beautiful dashboard from a user's CAMS, NSDL and CDSL CAS statements. But before...
Investing would not be hard, if only there weren't multiple options thrown at the retail investor. When it comes to investing in the markets, there are 4 prominent investment vehicles that users often come across. Surprisingly, it is very difficult to find resources to help understand the difference between them. We write this post in order to explain the key characteristics and differences between them and hope our users have a better understanding about the right investment vehicle for them.
1. Mutual Funds
Hopefully, with our periodic weekly emails, you are already familiar with this category of investment vehicles. With Mutual Funds, several thousands of retail investors hand over their savings, starting as low as Rs.500, to a team of professional managers. The fund managers collectively manage a few thousand crores rupees which they invest in various stocks, bonds, commodities, etc. as per the mandate of the scheme with the help of their internal research...