This is an open-end fund that will be part of SBI Magnum Children's Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering
Keep an investment horizon of at least five years, start with US and then go beyond that
The Securities and Exchange Board of India (Sebi) is seeing growing demand from market players to allow exchange-traded funds (ETFs) on silver amid a sharp runup in the price of the metal
Over Rs 650-cr selling in Zee, Infratel
These funds saw a net outflow of $1.5 billion, as against net outflow of $5 billion seen in the previous quarter
These products, however, carry higher risk than a pure passive fund
Industry estimates suggest over Rs 700 crore of fresh flows in July
In comparison, a net outflow of $2.1 billion was witnessed during the quarter ended December
As per Amfi data, investors put in a net sum of Rs 1,613 crore in 14 gold-linked ETFs in the just concluded financial year, while they had pulled out Rs 412 crore in 2018-19.
By going with ETFs, you eliminate decision-making, and emotional biases that come into play when picking active funds
The outflow has pulled down the assets under management of the 44-players mutual fund industry to Rs 22.26 trillion in March-end from Rs 27.23 trillion in February-end
Last week, the volatility indicator fell sharply even as the Nifty fell 6.5 per cent. Analysts, however, say the weakness in financial stocks is a pain-point for the market
A total of 72 ETFs with $1.4 billion in assets shut down and returned their money to investors in the first quarter as the coronavirus outbreak roiled markets
ETFs are similar to index funds, except that these may be bought and sold on the exchanges. They're preferred by institutional investors
The BOJ left unchanged its short- and long-term interest rate targets buy a 7-2 vote.
The move is aimed at reducing concentration of custodial services for gold or related instruments, Sebi said
ETFs, which invest in Hong Kong-listed Chinese stocks, saw outflows of nearly $1.4 billion - most among Ems
Since the US and India have DTAA, you will pay tax only once. Dividend income, however, is taxed at 25% in the former
Hopes of further gains in the price of the previous metal could sustain inflows into gold ETFs
The first bond ETF launched recently was a great success