Page 3 - Etf Funds

Axis Mutual Fund eyes Rs 100 cr from new equity ETF fund of funds

Axis Mutual Fund is targeting to collect Rs 100 crore from its new equity ETF fund of funds during the primary subscription period, which opens on February 4 and closes on 18. The open-ended fund of fund scheme will predominantly invest in units of domestic equity ETFs and is looking to collect Rs 100 crore during the subscription period, Raghav Iyengar, chief business officer at the fund house, told PTI on Wednesday. The fund will track the Nifty 500 stocks and will be managed by Shreyash Devalkar, the fund house said. ETFs are one of the most popular vehicles of investing in passive strategies as they replicate the portfolio of the underlying index while trading in bite-sized units on an exchange at market prices. In the past three years, equity ETFs AUM has increased more than three times. Since different sectors and market segments perform differently at different times, the new FoF's investment approach is designed to allocate dynamically across market cap and sectoral/ themat

ICICI Prudential launches first silver ETF fund of fund

The fund will open on January 13 and closes on January 27

Bharat Bond ETF's third tranche to open for subscription on Dec 3

The subscription will be closed on December 9

Axis MF eyes Rs 100 crore from new SDL-based fund of funds

Axis Mutual Fund, one of the fastest-growing fund houses, on Thursday launched a new fund offer targeted at state development loans (SDL)-based ETF and hopes to mop up at least Rs 100 crore from issue

US-listed Emerging Markets ETFs see 26th straight week of inflows

Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week

Let not the variety confuse you, keep your passive fund investments simple

With just three or four passive products, you can build a solid, long-term portfolio

Divestment strategy: Govt to avoid ETF, OFS to protect stock value

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.

What is a passive fund and is it a safe investment option? Things to know

In this podcast, Business Standard's Sanjay Kumar Singh explains the difference between active and passive funds, why should an investor get into passive funds and more

Weigh your options before going passive on mid- and small-cap equity funds

The majority of active funds still outperform their benchmarks and passive funds don't have a long track record in these two segments

Bharat Bond ETF NFO: A decent investment if you are holding till maturity

Suitable for people who are looking to lock into a reasonable and relatively tax-efficient yield

Diversified global, US and Europe funds saw biggest outflow: Cameron Brandt

Foreign portfolio investors pulled out Rs 62,000 crore from Indian equities in March

Index funds saw fourfold jump in flows in March amid market volatility

Last month, Index funds received inflows to the tune of Rs 2,076 crore, as against Rs 511 crore the previous month

ETF flows show signs of revival in emerging markets, but India an outlier

According to foreign fund managers, receding worries regarding a major global outbreak of Coronavirus led to improved sentiment.

India-focused offshore funds, ETFs see $2-bn outflow in Dec quarter: Report

India-focussed offshore funds and ETFs are some of the eminent investment vehicles through which foreign investors invest in Indian equity markets

Brokerages eye ETF play to take advantage of the rising investor interest

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

Bharat Bond ETF: Govt to use greenshoe option, retain excess subscription

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

India's first corporate bond ETF garners Rs 12,400 cr from its maiden offer

The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore

BSE to conduct mock trading session for Bharat Bond ETF on Dec 11-12

Bharat Bond ETF would be the first corporate bond exchange-traded fund in the country

India's passive funds set to beat active peers for second straight year

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

ETFs catch on, assets under management up 9% in Apr-Sep to Rs 1.5 trn

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