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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
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Bank Pay Revision (10th Bipartite Settlement)

Long waited 10th Bipartite settlement has been done finally and get signed on 25th may 2015 between IBA and bank unions that was due from Nov 2012. Employees of all PSU banks will get benefitted from the settlement. They will get 15% hike on pay slip that includes benefit on basic, HRA, CCA, special area allowances, Hill and fuel allowance, Stagnation benefits. A new head in salary slip, Special allowance similar to grade pay has been introduced that will be applicable for DA also. Medical through cashless card using group insurance has been introduced. Paternity leave also has been introduced in this bipartite settlement.

Click on below links to get more details:

1. List of banks get benefited from 10th bipartite settlement

2. Revised New Scale :               Clerical Grade                    Officers

3. City Compensatory Allowance

4. House Rent Allowance

5. Special Pay

6. Special Allowance

7. Professional Qualification Pay

8. Fixed Personal Pay (FPP)

9. Medical Insurance Scheme




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