Exchange Traded Funds

Lower compliance will help expand the reach of passive funds

Industry experts say it could help attract global players

After witnessing the withdrawal of funds in the last three months, Gold exchange-traded funds (ETFs) attracted a net flow of Rs 165 crore in February, mainly due to a slight correction in local yellow metal prices. This was in comparison to a net outflow of Rs 199 crore registered in January, Rs 273 crore in December and Rs 195 crore in November. Prior to that, Gold ETFs attracted Rs 147 crore in October, data from the Association of Mutual Funds in India (Amfi) showed. "Despite witnessing outflows across most markets, Gold ETFs in India witnessed inflows in February. This was largely backed by a small correction in local Gold prices. The demand for ETFs largely arises when there is a correction in prices," Kavitha Krishnan, Senior Analyst Manager Research, Morningstar India, said. The demand for physical Gold in India is largely driven by festival and wedding season, she added. Also, the segment saw an increase in the number of folios by around 20,000 to 46.94 lakh during the pe

Advisors say more money will trickle in once silver ETFs build a solid returns chart

Sebi noted the defaulters paid 0.09% expenses of the scheme out of 0.16% from their own books in case of DSP Nifty 50 ETF

The regulator has floated a fresh consultation paper proposing provisions for eligibility, disclosures and audit

Exchange traded funds back each security issued with physical stocks of a given commodity, creating a product considered free from counterparty risk

Investors fear supply overhang; Centre has now reduced stake in firm by 25% in 3 years

Year-to-date, 53% of thematic funds are underwater since their inception. Launches in 2022 have slowed to 38 from the 77 seen in the previous year, while closures have picked up to 20 from five

Despite several innovative tech FoF applications with Sebi, only one hits the market

Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs). The decision was taken in the 189th meeting of ESIC held on Sunday at ESIC headquarters under the chairmanship of Union labour minister Bhupender Yadav, a labour ministry statement said. Due to relatively low returns on investments in various debt instruments coupled with the need to diversify investment, ESIC gave its approval for investments of surplus funds in equities restricted to ETFs. The investment will start with 5 per cent of surplus funds and will increase up to 15 per cent, based on the review of the investment after two quarters, it stated. The investment will be confined to Exchanged Traded Funds on Nifty and Sensex. It will be managed by fund managers of asset management companies (AMSs), the statement said. Equity investments will be monitored by the existing custodian, ..

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

In case of an ETF, prefer those that also have large trading volume and AUM

In case of an ETF, prefer those that also have large trading volume and AUM

Bharat Bond Exchange Traded Funds, a central government initiative, have crossed the Rs 50,000 crore asset under management mark in just two-and-a-half years, Edelweiss Mutual Fund said on Wednesday. The fund house manages Bharat Bond Exchange Traded Funds (ETFs). The overall passive debt category has crossed Rs 1.15 lakh crore mark at the industry level this growth was kickstarted by the launch of the first tranche of the Bharat Bond ETF in December 2019, according to a statement. So far, five tranches of Bharat Bond ETFs have been launched. There are 5 different maturities offered by the fund ETFs -- 2023, 2025, 2030, 2031, and 2032 -- which can help investors to choose the right maturity according to their needs. "The success of Bharat Bond ETFs is a testament to the financial strength of PSUs and the trust that they inspire in investors. We are happy that our maiden debt ETF has achieved phenomenal success," Tuhin Kanta Pandey, Secretary DIPAM, Ministry of Finance, said. The

Of every Rs 100 AUM of top 10 fund houses, ETFs and index funds accounted for Rs 14 in the first quarter of FY23

In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7

In August, gold ETFs logged outflows of Rs 38 crore, extending their two-month outflows to nearly Rs 500 crore

Average AUM for industry rose to Rs 39.5 trn, compared to Rs 37. 8 trn in July