Equity baskets now available Thu, 13/05/2010

FundsIndia has always been about two things - innovative value-adds and low costs. On the equities platform, we recently launched SIP on ETFs as a useful value-add on our platform. Now, we have added another - equity baskets.

Equity baskets are sets of pre-selected stocks that belong to either a sector (auto, IT, telecom, energy etc.) or a particular market cap size (large-cap, mid-cap, small-cap).

What is an Equity Basket? An Equity Basket is a set of stocks that you can invest in at a single time using a single transaction. We have pre-created such baskets for you below with specific stocks. A single basket would contain stocks from one sector or stocks of a single indexation etc. The weightage for each stock in the basket is assigned by our research team based on their market capitalization.

What are the advantages of investing in an equity basket?

Today a retail investor in India makes his investment decision himself. Most of the wealth management companies today offer premium products such as portfolio management, wealth management, investment advice etc only to the high net worth clients. FundsIndia offers a premium product "Equity Baskets" to the retail investor.

Advantages of Equity Baskets

1. Small capital investment
2. Benchmarked to an index
3. A diversified portfolio of stocks
4. Investor managed portfolios
5. No portfolio management fees
6. Stocks credited to the investor's De-mat account immediately
7. No power of attorney to FundsIndia.

How to invest in an Equity Basket?

From the list below, please choose one or more baskets to invest in based on your preference. The value of each basket is fixed at Rs. 25,000. A basket consists of 5 stocks chosen from the same industry or from a specific indexation.