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Understanding ETFs Uses, Returns and Comparison with Mutual Funds and Stocks

 Exchange-Traded Funds (ETFs) have gained popularity among investors for their unique features and benefits. In this blog, we'll explore the uses of ETFs, their potential returns, how they differ from mutual funds and stock investments, and their safety profile. What is an ETF? An ETF is a type of investment fund that trades on stock exchanges, much like individual stocks. It holds a collection of assets, such as stocks, bonds, or commodities, and aims to track the performance of a specific index, sector, or asset class. Uses of ETFs Diversification : ETFs allow investors to gain exposure to a wide range of assets without having to purchase each individually. For instance, an ETF tracking the S&P 500 gives you exposure to 500 different stocks, reducing the risk associated with individual stock investments. Cost Efficiency : ETFs often have lower expense ratios compared to mutual funds. They typically pass on lower management costs to investors since they are often passively man

Vacancy in SBI - Recruitment of 393 Specialist Officers - 2014 - Advertisement No. CRPD/SCO/2013-14/14

State Bank of India has issued notification for the recruitment of Specialist Officer for SBI and its associate banks. Total number of vacancy for specialist officers is 393. Eligible candidates can apply online through recruitment section of SBI’s official site www.sbi.co.in.

Important Dates
Online registration of application - 17 February 2014 to 06 March 2014
Fee Payment - (Online) 17 February 2014 to 06 March 2014
                           (Off line) 19 February 2014 to 08 March 2014
Online Test - 19 April 2014
Call letter download - 10 Apr 2014 Onwards  

Scale wise detail vacancy is as below ( Post name - No. of posts) -

JMGS I
Asstt. manager(Law) - 01
              (Library) - 02
              (Chartered Accountants) - 21
              (Economist) - 01
              (System) - 207
              (Civil Engineering) - 09
              (Official language) – 10
              (Electrical Engineering) – 04
              (Statistician) - 09

MMG II
Dy. Manager (Statistician) – 02
            (Chartered Accountants) Post-I – 37
            (Chartered Accountants) Post-II – 18
            (Risk Management) – 02
            (Civil Engineering) – 09
            (Electrical Engineering) – 04
            (Official language) – 07
            (Law) – 08
            (Security) – 12

MMG III
Manager (Statistician) – 10
                (Chartered Accountants) – 02
                (Risk Management) – 08

MMGS IV
Chief Manager - 02
            (Market Risk) - 01
            (Law) – 02

MMGS V
Asst General Manager(Risk management) - 02
                                       (Law) – 02


For detail about eligibility criteria like Age, Qualification, Relaxation etc and How to apply, please visit detail advertisement on official site www.sbi.co.in (recruitment section).  

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