Depending on the risk appetite, investment goal, financial objective and time horizon, mutual funds should be selected across asset and sub-asset classes by assigning weights to them sensibly
Holding them till maturity will take care of interest-rate and liquidity risks that may exist
Irdai said such debt ETFs should be issued by mutual funds registered by Sebi and governed by its regulations.
Fund to be launched in two series with greenshoe option on Thursday
The New Fund Offer (NFO) of this ETF is expected be to launched during December itself
The EPFO is investing in ETFs based on Nifty 50, Sensex, Central Public Sector Enterprises and Bharat 22 Indices.
he impact of artificial intelligence on the investment industry has just begun, says Steven Hawkins
A Cabinet approval is expected by December 4, after which the ETF could be launched promptly
The MSCI EM index has gained as much as 9 per cent since October 1, only to give up some of its gains over the past few sessions
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
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
Mid- and small-caps have seen a deep correction
A PSB ETF, energy PSU ETF, and a metal & commodity PSU ETF being mulled
India-focussed offshore funds and ETFs are a subset of the overall foreign portfolio investor (FPI) flows
With this, total inflow has reached to over $5.3 billion in the first eight months of the year
Inflows of $140 million in August lowest in 2017; China most preferred among Asia-Pacific and emerging markets funds
India-focussed offshore funds and ETFs continued to receive robust flows during the June quarter, with inflows of $2.6 billion, higher than the $2 billion received in the previous quarter. The total assets of the 10 largest India-focussed offshore funds and ETFs grew 7.5 per cent to $27.3 billion. Two Japan-domiciled funds mopped up $1.2 billion of the inflows, the most within the category. In the six months to June, the category received net inflows of $4.6 billion compared with net outflows of $2.3 billion in the same period last year, according to a note put out by fund tracker Morningstar India. India-focussed offshore funds saw higher net inflows than India-focussed offshore ETFs during the quarter. The former got inflows of about $2.1 billion compared with $0.5 billion for the latter. Their combined assets grew 10.2 per cent to $55.2 billion during the June quarter, boosted by robust inflows coupled with a rally in Indian equities. Of this, ETFs form $11.5 billion while the ...
The government today said it has set up a new exchange-traded fund (ETF), Bharat-22, comprising 22 scrips including ONGC, IOC, SBI and Axis Bank. This will be the second ETF from the government after it raised over Rs 8,509 crore from three tranches of CPSE ETF. Bharat-22 will have a diversified portfolio of six sectors, including energy, FMCG, finance, basic material and industrial and utilities, Finance Minister Arun Jaitley told reporters here. The 22 scrips include central public sector enterprises (CPSEs), state-owned banks and government's strategic holding in Axis Bank, ITC and L&T held through SUUTI (Specified Undertaking of Unit Trust of India). "While selecting each of these sectors, we have kept in mind sectoral reforms which have had direct impact on the valuation of these shares... We believe that this ETF will be a fairly successful one," Jaitley said. ETF functions like a mutual fund scheme and is bought by investors as units. The oil and gas and coal and min
Gold ETFs have been continuously seeing a withdrawal
With the strong performance by benchmark indices, investors are increasingly opting for ETFs