The majority of active funds still outperform their benchmarks and passive funds don't have a long track record in these two segments
Suitable for people who are looking to lock into a reasonable and relatively tax-efficient yield
Foreign portfolio investors pulled out Rs 62,000 crore from Indian equities in March
Last month, Index funds received inflows to the tune of Rs 2,076 crore, as against Rs 511 crore the previous month
According to foreign fund managers, receding worries regarding a major global outbreak of Coronavirus led to improved sentiment.
India-focussed offshore funds and ETFs are some of the eminent investment vehicles through which foreign investors invest in Indian equity markets
Instead of just focusing on earning brokerage selling ETFs, broking houses are also considering packaging multiple ETFs as part of a more customised advisory service offering multiple asset exposure
The three-year category received applications for units worth Rs 6,982 crore, an over-subscription of 2.3 times against an issue size of Rs 3,000 crore
The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore
Bharat Bond ETF would be the first corporate bond exchange-traded fund in the country
India's passive funds have delivered an average return of 9.6 per cent so far this year, much higher than active funds' 5.7 per cent
Till September, a total of 71 ETFs were benchmarked to various equity and debt indices, while the number stood at 66 by March this year
ETFs are traded on stock exchanges, with stocks, bonds or commodities as the underlying product. An ETF's portfolio exactly mimics the securities in its underlying index, in the same weightage
The advisor would be appointed for a period of three years that may be extended by two years