Etf Industry

Sebi fines DSP group firms Rs 1 lakh for charging TER from AMC books

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

Passive funds: Select ones with low tracking error, say experts

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

Gold ETF flows shrink despite superior returns, shows Amfi data

Between October 2021 and September 2022, gold prices rose over 9.5 per cent even as ETF inflows shrunk to a half

Bharat Bond ETFs cross Rs 50,000 crore AUM mark, says Edelweiss MF

Milestone achieved within three years of launch of first tranche

Pidilite may enter Nifty 50 once HDFC gets taken off after merger

The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal

A Balasubramanian re-elected Amfi chairman, Sundeep Sikka to head ETF panel

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

Despite price fall, domestic gold trading at a discount to imports

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

EPFO made over Rs 67,000 crore from exchange-traded funds, shows data

Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20

Cross-border payment: Four firms complete test in RBI's 2nd sandbox cohort

The four entities are: Cashfree Payments, Fairex Solutions, Nearby Technologies, and Open Financial Technologies

Russian stocks listed abroad plunge as much as 74%with Moex shut still

The largest US-listed ETF tracking Russian equities, VanEck Russia ETF, fell 12 per cent in premarket trading after cratering 30 per cent

India focused offshore funds, ETFs log $435-mn outflow in Q3: Report

This was way higher than the net outflows of USD 95 million registered during the quarter ended September 2021

Motilal Oswal AMC suspends ETF unit creation in two schemes

However, ETF units continue to trade on the BSE and the NSE and investors may buy or sell ETF units on the stock exchanges

Fund houses bet on domestic manufacturing sector: Market experts

Market players say the theme allows investors the opportunity to participate in potential emerging segments like electric vehicles, electronics, battery tech, defence among others

Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers

Bitcoin climbs to record high after futures-based ETF debut

Pandemic-era liquidity, speculative bets & hopes of wider adoption fuel surge

Top headlines: Setback for FRL in Amazon dispute; Vi accepts moratorium

Business Standard brings you the top stories from today

Bitcoin tops $60,000, nears record high, on growing US ETF hopes

Bitcoin, the world's biggest cryptocurrency, rose 4.5% to its highest level since Apr. 17

Silver ETFs to bring another investible commodity for investors: Experts

Sebi's decision to introduce silver exchange-traded funds will bring in another investible commodity for retail investors looking for investment exposure to the metal as an asset class, experts said

Axis Mutual Fund launches new consumption ETF, targets Rs 25 crore

Axis Mutual Fund on Monday launched a consumption ETF (exchange-traded fund) with a target to raise Rs 25 crore.

Best platforms seeing biggest spike in new users: Zerodha's Nithin Kamath

Nithin Kamath says that a lot of first-time users, who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals