Franklin Templeton, Mirae Asset, Edelweiss mutual funds resume international schemes
Index fund growth led by debt schemes, with fund houses launching target maturity funds this year
Between October 2021 and September 2022, gold prices rose over 9.5 per cent even as ETF inflows shrunk to a half
Vishal Kapoor remains head of committee of certified distributors, Nilesh Shah and Navneet Munot stay as chief of valuation committee and equity CIO panel, respectively
In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7
The organisation will invest a higher percentage of the money from young subscribers into equity. For those nearing retirement, the money will be invested in a safe debt
As per industry data, so far, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund and Nippon India Mutual Fund have launched silver ETFs
Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20
They are more transparent and control both interest-rate and credit risk
Investors are likely to continue to invest in gold ETFs as a means to diversify their portfolio and hold gold ETFs as a hedge against market risks
As for stock investing, depository receipts offer better protection while international broker route offers more choices
This was way higher than the net outflows of USD 95 million registered during the quarter ended September 2021
Axis Mutual Fund is targeting to collect Rs 100 crore from its new equity ETF fund of funds during the primary subscription period, which opens on February 4 and closes on 18. The open-ended fund of fund scheme will predominantly invest in units of domestic equity ETFs and is looking to collect Rs 100 crore during the subscription period, Raghav Iyengar, chief business officer at the fund house, told PTI on Wednesday. The fund will track the Nifty 500 stocks and will be managed by Shreyash Devalkar, the fund house said. ETFs are one of the most popular vehicles of investing in passive strategies as they replicate the portfolio of the underlying index while trading in bite-sized units on an exchange at market prices. In the past three years, equity ETFs AUM has increased more than three times. Since different sectors and market segments perform differently at different times, the new FoF's investment approach is designed to allocate dynamically across market cap and sectoral/ themat
The fund will open on January 13 and closes on January 27
The subscription will be closed on December 9
Axis Mutual Fund, one of the fastest-growing fund houses, on Thursday launched a new fund offer targeted at state development loans (SDL)-based ETF and hopes to mop up at least Rs 100 crore from issue
Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week
With just three or four passive products, you can build a solid, long-term portfolio
ETFs have been a favoured strategy for the government, with around 80 per cent of last fiscal year's sale proceeds coming from such transactions.
In this podcast, Business Standard's Sanjay Kumar Singh explains the difference between active and passive funds, why should an investor get into passive funds and more