There are plenty of options to choose from for the average investor. However, to determine where to invest your money, you may have to establish a sound financial plan. Having a financial plan will help you achieve your goal and not get distracted from the market noise.

Also, investors need to determine their risk profile. Some investors are conservative, while others are aggressive. SEBI has categorized mutual funds based on scheme characteristics or based on scheme asset allocation, etc. This helps investors get a clearer picture of the various schemes on offer. Among Equity Schemes, there are further classifications. In this article, we will learn about two equity schemes: Large-cap Mutual Funds & Index Funds, and how are they different.

What is the meaning of large-cap mutual funds?

Large-cap mutual funds are a type of equity mutual fund that predominantly invests in stocks of large cap companies i.e. companies fall in the bracket of 1st -100th in terms of full market capitalization and have a minimum investment of 80% allocation to large cap companies.

What is the meaning of index funds?

The Index Fund is a type of Equity fund where the fund manager and his team do not actively manage stocks. Instead, they need to replicate the index or benchmark. An index fund mirrors the proportion as its underlying index and hence may fluctuate depending on the performance of its underlying index.

Although both large-cap mutual funds and index funds are types of equity mutual funds, there are certain characteristics that distinguish the two. Let’s understand the difference between large-cap mutual funds vs. Index fund.

Investing Style:
A large-cap mutual fund is actively managed by the fund manager in accordance with the scheme’s investment objective. However, index funds do not require the active involvement of the fund manager and are considered to be passively managed funds.

Portfolio:
An index fund invests minimum 95% of total equity assets in its underlying index. For instance, suppose if you invest in an index fund that tracks NIFTY 50 as its underlying index, you will have to benchmark NIFTY 50 to track the performance of that index fund.

On the other hand, a large-cap mutual fund is an open ended scheme investing predominantly in large cap company stocks.

Expense ratio:
A large-cap mutual fund has a higher expense ratio as it is actively managed. However, index funds have a relatively less expense ratio as they are passively managed.

Performance:
The Large-cap mutual fund performance has the potential to generate alpha i.e. they may beat the benchmark. The index fund has to replicate the benchmark index and hence it’s difficult for them to generate the alpha.

Whether you should invest in an Index fund or a Large-cap mutual fund in 2021 may totally depend on your investment objective in the long run.

People like to opt for pre-approval on their financing while buying a house or a car to get an idea about the money they can borrow along with the interest rates and other terms. It gives the buyer peace of mind and helps in getting the funds needed for making a big purchase.

What does Pre-Approved Auto Loan mean?

It means a lender has reviewed your credit report to determine your eligibility and the amount of loan you will receive. They will also consider your auto loan application to decide on the loan amount.

Getting advanced approval for an auto loan is the wisest thing one can do, especially when you have a bad credit score. Before you see a dealer for buying a car, let’s investigate the advantages of seeking a pre-approved auto loan:

1. Helps in Creating the Automobile Budget

For people with bad credit scores, pre-approval helps get an idea of the budget. It will make the search easy as you can narrow down car options that suit your price range. Getting pre-approved for an auto loan also helps to calculate the interest rate and gives you the overall value of your financial condition. It is beneficial for people with bad credit ratings because it allows them to buy a car without worrying about their loan approval chances.

If you have credit issues, make sure to buy a car with a lesser amount than your pre-approved loan amount so that you can save the money for fees and taxes. It is essential to discuss how you can use the loan amount to avoid any conflicts later.

2. Helps in finding Better Interest Rates

For people with bad credit history, the interest rates are often higher than what lenders offer to people with excellent credit scores. By getting a pre-approved loan, you can ensure making a quick car purchase without saying yes to exorbitant deals at the dealer’s lot. It is most useful as you have more leverage to bargain with the dealer. Because you already have a budget and resources to buy the vehicle, the dealer will not have a chance to disagree.

If you have a pre-approved auto loan check in your pocket, dealers will put confidence in your financial situation and provide you with a better deal.

3. Helps in Simplifying the Car Buying Process

If you get a deal on a car but do not have a pre-approved auto loan, you might lose the deal as getting a loan approval may take few weeks, especially when you have a bad credit score.

But if your lender pre-approves your loan application, it removes all troubles and gets you the deal faster than before. Then entire car buying process becomes easy for you. As you are sure of your car-buying budget and the dealer is optimistic about getting his payment, the process becomes easier for both of you.

Additionally, a pre-approval saves time, and you can avoid carrying pay stubs, banking documents and other financial information from one lender to another. The dealer directly deals with your lender and completes the process quickly.

How to get a Pre-Approved Auto Loan?

You can apply online with an online auto financing company or in person at a bank or a credit union. You can choose a lender with the best interest rate. The auto loan application process involves the lender making a credit inquiry and reviewing your credit report to understand your financial history and credit repayment behavior.

The lender will ask for proof of employment and income, seek information about bank statements and other financial documents. It will help them in providing you with a decent pre-approved loan amount. For convenience and comfort, apply online because you can upload all the information over the web and submit a secure online application form.

Buying a car can be an arduous process, especially with bad credit scores. But, if you can resolve the financial part and get a pre-approved auto loan, the next step of getting the car becomes simpler than before.

India’s leading cryptocurrency exchange, Koinbazar, is thrilled to announce the launch of the crypto exchange mobile app, especially for iOS users. We have already introduced the trading app for android users earlier. Now, it’s time for iOS. So, you can download our official koinbazar trading app from the App Store Now!!!

Koinbazar crypto exchange app for iOS is fast, simple, and secure built with an intuitive interface and user-friendly which is similar to our android version. This app is specially made for users who struggle to invest in their favorite digital currencies. This platform makes them simple and more comfortable to handle. Koinbazar always keeps users’ concerns away from it. Our motto is to provide a hassle-free and seamless crypto trading experience to users all over the world. So download the app from the App Store and sign in to get 10,000 Shiba Inu (SHIB) tokens instantly into your wallet.

Here, are some of the major features that you can explore in the Koinbazar crypto exchange app for iOS.

1. Instant KYC

Strict KYC validation procedures are followed to permit credible traders in the Koinbazar markets. Our robust and superfast KYC verification system helps to process your KYC instantly within a few minutes of signup. So, users can perform their traders immediately without any delay.

2. Instant INR Deposit & Withdrawal Option

Our platform provides instant INR deposit and withdrawal features with utmost comfort. It is available 24/7. Funds can be easily deposited from your bank account to the Koinbazar wallet instantly in a few seconds. This option helps traders to buy, sell, and trade their favorite cryptocurrencies instantly. And also they can make their profits out of it with instant deposit.

3. Lowest Trading Fee

Trade your digital assets in India’s leading crypto exchange at the lowest trading fee with a high profit in all trades. At a low trading fee, you can place many trades since the trading charge incurred will be very low. It will also help you to increase your profits in crypto.

4. Referral and Reward Program

Maximize your earnings through bonus rewards and free cryptos from our referral program. On every successful referral, the referrer can get 5000 FREE Shiba Inu coins if the referee downloads the app, completes the Signup, links bank account, and KYC verification process. This feature could be the best opportunity to earn passive income.

5. Price Alerts

Turn on the price alerts and you will get an instant notification on how your favorite cryptocurrencies are performing currently in the markets. It works 24×7, throughout the year.

6. Security Protocols

Our platform is enhanced with advanced security features like 2FA, fingerprint access, and passcode. This will help your funds and data to keep secure from hacks. We follow benchmark practices to make Koinbazar, the safest cryptocurrency exchange platform.

Download the Koinbazar app for iOS now, and complete sign in to get 10,000 SHIB coins instantly.

Custom-printed display packaging directly increases the visual aesthetics of the product. Apart from giving a splash of beauty, it is a feasible way of brand marketing. The best part is, it suits every kind of business. The versatility these boxes offer is unbelievable. For those who think it is an expensive option, you are mistaken. IT IS ONE BUDGET-FRIENDLY SOLUTION! Besides, when you have the liberty to customize it accordingly, why waste money on dull and straightforward boxes?!

OXO Packaging provides you with the best solutions, meeting all of your business and personal needs without breaking your bank. We can be your packaging partner to serve you with the best quality services and excellent customization options.

Designed to offer plentiful benefits, here are a few highlighted reasons that explain WHY you should be using custom display boxes for a charismatic display appeal.

A Money-Saving Marketing Tool

With personalized display boxes, you will be able to save money easily. Being an affordable solution, even small business owners can use them to their advantage. It presents your product in either cardboard or paperboard; both are economical yet durable materials. It means you will not be able to save money only, but also get premium quality.

If you place your ore for custom display boxes wholesale with OXO Packaging, you will be able to avail yourself of more discounts.

Enhances Sales with Effective Branding

Having a customized display packaging imprinted with your logo, name, product description, and visuals helps increase your sale value. For instance, the CBD industry is rapidly expanding. Your CBD display boxes with the touch of personalization will let people memorize your brand effortlessly. Placed on the counters, buyers will assuredly notice the exceptional display, urging them to buy.

Incredible Versatility

Custom boxes give you a chance to be creative, artistic, and innovative with your product. It is a versatile product customized in any shape, size, design, and pattern. It provides brands with several display options as per the product requirements.

With OXO Packaging, you can have them made in a circle, elongated, square, or triangle. You can choose Kraft, cardboard, or paperboard material. You can have the box in bold or subtle colors, minimalistic or loud patterns, etc.

Time to Provide Important Information

Custom display boxes give you enough space to write all the essential details. You will have enough room for messages, guidelines, and instructions, no matter the size and design. You can use all sides to provide product information. Try using bold but understandable fonts and styles so customers can read.

Provides a more professional look

Displaying your products in custom-designed display boxes will deliver a more specialized look to your company. The use of plain or standard boxes is only a waste of money. Make sure that clients should consider your brand as high-end by just looking and touching the packaging. Customizing the boxes will give you an extra edge letting the customers choose you no matter how challenging the competition is.