Gold-backed exchange traded funds (ETF) experienced net outflows in August of 22.4 tonnes, as North American outflows outweighed inflows into European and Asian funds, the World Gold Council said
Axis Mutual Fund on Monday launched a consumption ETF (exchange-traded fund) with a target to raise Rs 25 crore.
Demand spurred by healthy returns and a chance to play in stocks such as Alphabet Inc, Microsoft and Facebook
Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight
Apart from diversification, rupee depreciation has helped some global funds post returns of 42-44%
Investors withdrew the most money from Brazil, notably the $1.6 billion iShares Latin America 40 ETF, known as ILF
To avoid the challenge of buying ETFs at the right price, choose index funds
Equity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion
India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.
Some themes aggressively pursued by fund houses include environmental, social and governance (ESG), international funds, and other innovative ETFs in the equity, as well as debt segments
In active funds, you may miss out on potential winners if focus is only on expense ratio
In a telephonic interview with Shrimi Choudhary, Injeti Srinivas, chairman of IFSC Authority (IFSCA), discusses the impact of Covid-19 on the operations of Gift City
Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields
Avoid over 5% exposure and have 5-7 years of investment horizon
Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week
Global index provider will soon decide on 'extreme price increase' criteria
So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds
Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, Association of Mutual Funds in India data showed
Investors will only be protected if they hold these funds until maturity
ETFs storing gold for shareholders grew rapidly during the coronavirus crisis as investors amassed what they saw as a safe asset