The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. said in a statement
In New Delhi, the 22-carat gold price stayed at Rs 47,800 per 10 gm, while in Chennai it was at Rs 46,560
In a Q&A, N S Venkatesh says there are enough inefficiencies in the market right now, which will help fund managers generate alpha over the index
Fund houses launched 14 ETFs and 5 index funds garnering assets in excess of Rs 11,600 crore last year
Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March
The government has amended the labour ministry's notification in this regard
A fund manager can now authorise an AMC employee to place an order on his behalf provided the order instructions are through the electronic mode, including email, and audit trail is maintained
Easing of profitability criteria could see entry of quant funds, robo advisory and smart ETFs
US-listed ETFs that invest across developing nations as well as those that target specific countries received $2.17 billion in the week ended December 11
The government is likely to launch the third tranche of Bharat Bond ETF, the exchange traded fund that invests in debt of public sector companies, this fiscal, a source said
The second tranche of Bharat Bond ETF, which was launched in July, was oversubscribed more than 3 times, collecting about Rs 11,000 crore
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
10 NFOs are closing this month; list features over a dozen passive schemes, including index funds and ETFs that have gained popularity among investors
Since hitting a record in August, bullion's rally has stalled amid uncertainty over further stimulus measures and optimism over an effective vaccine, even as the virus continues to spread
Flows into India-focussed offshore funds are generally considered to be long-term in nature, whereas that into ETFs indicate predominantly short-term money
The regulator has also quadrupled the quantum of investment that individual fund houses can make in overseas exchange traded funds to $200 million from $50 million at present
US-listed EM ETFs that invest across developing nations, as well as those that target specific countries lost $103 million in the week ended October 30
Fifteen of the 16 debt categories have beaten diversified equity funds over a three-year period, data shows
The sharpest pull-out was from India-dedicated funds (both ETF and non-ETF) was at $8 billion, followed by global emerging market (GEM) funds at $2.8 billion
Jump in user base and margin improvement helped stock end with a gain of 3.3% in a falling market. Nevertheless, it shed 8.3% from day's high of Rs 488 to end at Rs 448