With just three or four passive products, you can build a solid, long-term portfolio
Inflows into ETFs that invest in India stood at $120 million, up 25% over the previous week
The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. said in a statement
This makes it the eleventh consecutive quarter of withdrawals
The slowdown came as some investors questioned the recent euphoria in risk assets
The government has amended the labour ministry's notification in this regard
"We see downside risks building for gold's price," analysts from Morgan Stanley said in a note, citing higher yields next year in addition to Covid-19 vaccines
But active investment still holds the edge among individual investors
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.
Fund houses have launched ETFs in both equity and debt segments
In the past five months of FY21, AUM have surged more than Rs 60,000 crore, or 41%
Inflows in August came despite gold price coming off its all-time high, though it has risen 30% in the first eight months of the year
Organisation is considering crediting interest rate in a staggered manner with the remaining 0.35% to be paid in December 2020
Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year, according to a Bloomberg News calculation
The total outflow from the category has reached to $6.5 billion so far in this calendar year (until June 2020), which is noticeably higher than the $5.9 billion outflow in the full 2019 calendar year
Eliminate all those funds from your selection universe where the expense ratio is extremely high
It is not all gloom and doom. The rural economy has held up quite well and we should start appreciating it even more, says Sharma in an interview with Puneet Wadhwa
The second series of ETFs were launched with a green-shoe option of an additional Rs 11,000 crore over and above the base issue size.
Dangers of global liquidity glut are the same as the last crisis
International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds