Page 7 - Etfs
Offshore India funds, ETFs pump in $6 bn in Jan-Sep
India-focussed offshore funds and ETFs are a subset of the overall foreign portfolio investor (FPI) flows
 "Offshore India funds, ETFs pump in $6 bn in Jan-Sep")
India-focused offshore funds, ETFs invest $140 mn in August
With this, total inflow has reached to over $5.3 billion in the first eight months of the year
 "India-focused offshore funds, ETFs invest $140 mn in August")
Flows from offshore India funds, ETFs ebb
Inflows of $140 million in August lowest in 2017; China most preferred among Asia-Pacific and emerging markets funds
 "Flows from offshore India funds, ETFs ebb")
India-focussed offshore funds, ETFs mop up $2.6 billion in Q1
India-focussed offshore funds and ETFs continued to receive robust flows during the June quarter, with inflows of $2.6 billion, higher than the $2 billion received in the previous quarter. The total assets of the 10 largest India-focussed offshore funds and ETFs grew 7.5 per cent to $27.3 billion. Two Japan-domiciled funds mopped up $1.2 billion of the inflows, the most within the category. In the six months to June, the category received net inflows of $4.6 billion compared with net outflows of $2.3 billion in the same period last year, according to a note put out by fund tracker Morningstar India. India-focussed offshore funds saw higher net inflows than India-focussed offshore ETFs during the quarter. The former got inflows of about $2.1 billion compared with $0.5 billion for the latter. Their combined assets grew 10.2 per cent to $55.2 billion during the June quarter, boosted by robust inflows coupled with a rally in Indian equities. Of this, ETFs form $11.5 billion while the ...
 "India-focussed offshore funds, ETFs mop up $2.6 billion in Q1")
Govt forms Bharat-22 ETF for asset sales; to cover six sectors
The government today said it has set up a new exchange-traded fund (ETF), Bharat-22, comprising 22 scrips including ONGC, IOC, SBI and Axis Bank. This will be the second ETF from the government after it raised over Rs 8,509 crore from three tranches of CPSE ETF. Bharat-22 will have a diversified portfolio of six sectors, including energy, FMCG, finance, basic material and industrial and utilities, Finance Minister Arun Jaitley told reporters here. The 22 scrips include central public sector enterprises (CPSEs), state-owned banks and government's strategic holding in Axis Bank, ITC and L&T held through SUUTI (Specified Undertaking of Unit Trust of India). "While selecting each of these sectors, we have kept in mind sectoral reforms which have had direct impact on the valuation of these shares... We believe that this ETF will be a fairly successful one," Jaitley said. ETF functions like a mutual fund scheme and is bought by investors as units. The oil and gas and coal and min
 "Govt forms Bharat-22 ETF for asset sales; to cover six sectors")
Investors exit gold ETFs, withdraw Rs 130 crore in 2 months
Gold ETFs have been continuously seeing a withdrawal
ETFs back in demand
With the strong performance by benchmark indices, investors are increasingly opting for ETFs
Equity ETFs asset base jumps three-fold to Rs 43,234 cr
Govt had mobilised Rs 8,500 cr through CPSE ETF in FY17
 "Equity ETFs asset base jumps three-fold to Rs 43,234 cr")
Equity ETFs asset base jumps 3-fold to Rs 43,234 cr
Currently, there are 47 equity-based ETFs listed on exchanges
ETFs find traction, investors from 588 cities attracted to it
Investments in ETFs were seen from 464 cities across the country during 2007-08
Investors are charging into emerging market ETFs
About $7 billion has flowed into EM funds in 2017
 "Investors are charging into emerging market ETFs")
ETFs globally gather record cash of $375 billion in 2016 - BlackRock
ETFs are a basket of stocks or other assets traded by individual investors and institutions.
Benefit from low expense ratios of ETFs
Expense ratios of ETFs have declined primarily due to fund houses' desire to attract institutional money, chiefly from the EPFO
 "Benefit from low expense ratios of ETFs")
Equity ETF assets soar fourfold
Passive fund assets stood at Rs 19,159 crore in June this year compared with Rs 4,528 crore two years ago
 "Equity ETF assets soar fourfold")
Assets of Nifty 50-based ETFs rise six-fold in a year
Total AUM of ETFs benchmarked to Nifty indices now account for 85% of total market share of equity ETFs
Smart-index ETFs good for passive investors
While the initial 'smart' index is based on quantitative models, the fund manager has no role to play after that. Being ETFs, they are cheaper as well
 "Smart-index ETFs good for passive investors")
