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
Management says post-rebranding several major investors have come back
Inflows into equity funds have eased sharply
Experts attributed the inflows to sudden rally in gold prices, mainly due to uneasy trade negotiations between the US and China and lower than expected global GDP growth
ETFs are traded on stock exchanges, with stocks, bonds or commodities as the underlying product. An ETF's portfolio exactly mimics the securities in its underlying index, in the same weightage
Investors added $4.13 million to the VanEck Vectors India Small-Cap Index ETF, known as SCIF, in the week ended in Nov. 16