While gold, silver, and international exchange-traded funds (ETFs) will qualify for the 12.5 per cent LTCG taxation in 12 months as they are listed on exchanges
Passive funds attract Rs 37,200 crore inflows in 2024
India exposure in such global ETFs could be capped at 20%
Consistent main course with $8.1 billion served up in Q1 2024
The bigger bitcoin exchange-traded funds (ETFs), which were listed in the US on January 11, have seen a definite pickup in interest this week
Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs
According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000
BlackRock's iShares Bitcoin Trust would charge 0.25%, compared with the 0.30% fee set earlier. ARK 21Shares Bitcoin ETF lowered its fee to 0.21% from 0.25%
Experts suggest that sustaining the level of $44,000 is important for Bitcoin to establish a positive momentum
Ahead of Diwali 2023, we asked investment experts for the best strategy to make your festival brighter.
That was significantly higher than the $2 billion in net inflows by Oct in 2014, the year net buys into India-linked ETFs peaked
Last month, ETF debuts set a monthly record of 69. So far in October, the total stands at 47, according to Morningstar Direct data
A Bitcoin ETF is expected to make buying and selling Bitcoin easier through the stock market
The quantum of inflow into gold exchange-traded funds dropped to Rs 175 crore in September after hitting a 17-month high in the preceding month, owing to profit booking. Apart from the inflows, the asset base of Gold Exchange Traded Funds (ETFs) also decreased in the period under review, as per the data from the Association of Mutual Funds in India (Amfi). "With a continued hike in interest rates in the US, inflation still higher than expectations, and the growth rate slowing down, the appeal of gold as a safe haven and hedge against inflation is expected to continue," Melvyn Santarita, analyst and manager of research at Morningstar Investment Adviser India, said. According to the data, gold-linked ETFs saw an inflow of Rs 175.3 crore last month as compared to Rs 1,028 crore in August. The inflow stood at Rs 456 crore in July. Prior to that, Gold ETFs saw an inflow to the tune of Rs 298 crore during the April-June period after three quarters of consecutive outflow. The category sa
High oil prices would be detrimental; use any correction to build 5-15% allocation
EPFO will move the final proposal for the finance ministry's assent once the finance and labour ministries decide on the matter
The difference between market price and the NAV imposes an additional cost. Besides, there is brokerage fee, which amplifies an ETF's tracking error
Retirement fund body EPFO has invested Rs 13,017 crore in exchange traded funds (ETFs) in the April-July period of the current fiscal year, Parliament was informed on Thursday. Employees' Provident Fund Organisation (EPFO) invested Rs 53,081 crore in ETFs in 2022-23, Rs 43,568 crore in 2021-22 and Rs 32,071 crore in 2020-21, according to a written reply to the Rajya Sabha by Minister of State for Labour and Employment Rameswar Teli. The EPFO invested Rs 31,501 crore in ETFs in 2019-20 and Rs 27,974 crore in 2018-19, it said. The minister told the House that the EPFO invests funds as per the investment pattern notified by the government and does not invest directly in individual stocks, including those of any blue-chip company. "The EPFO invests in equity markets through ETFs, replicating BSE Sensex and Nifty 50 indices. From time to time, EPFO has also invested in ETFs constructed specifically for disinvestment of shareholding of the Government of India in body corporates," he ...
Unless you are good at building your own stock portfolio, it is advisable to invest through mutual funds or index ETFs.
The move will help free up capital early and encourage more investors to participate