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Several American fund houses (perhaps even all fund houses) do offer systematic (often called Automated) Withdrawal Plans (as well as systematic or Automated Investment Plans) for their mutual funds. What might be different from what seems to be the norm in India is what the plans offer. Typically, the withdrawal plans allow for
Redeeming a fixed number of ...
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I am not entirely sure how to understand this although I worked some time in the industry in Germany.
There are two ways to go about it:
Repudiated claims are not considered valid claims, and have to be subtracted from the total number of claims, before calculating the rest.
Repudiation is a form of settlement, so the Repudiated claims are contained in the ...
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When you bought the product, the company wanted $100 USD. But because you didn't have USD, it charged you INR. In order to determine how much INR to pay, the conversion rate on that day was used. (I'm not sure if you sent INR to the company, or if you used your bank's website to send USD using the bank's conversion feature.) So it looks like the conversion ...
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Technically, you didn't gain 100 INR.
The FX fluctuations - theoretically - represent Purchase power of the currency. Ie. how much things a currency can buy in exchange. the higher the purchase power, the stronger the currency.
The 100 INR that you got higher - is on account of INR's weakening of purchase power. When you paid 7000, and got back 7100, the ...
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I'm a fan of Jhon Bogle and his follower JL Collins and their investment philosophy and most importantly, investor of VTSAX fund.
To answer your question, I feel Nifty 500 Index Fund comes very close to VTSAX. It's offered by Motilal Oswal.
Also, let me know if you found anything better than this.
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