Page 4 - Exchange Traded Funds

Sebi tightens disclosure requirements for FPIs, reduces IPO timeline

The move will help free up capital early and encourage more investors to participate

FPI flows this year ride the coat-tails of ETFs and block deals, shows data

A turnaround in foreign flows has helped domestic markets exceed the all-time highs chalked up in December 2022 and rebound more than 10 per cent from this year's lows

ETF liquidity falls short despite breaching the Rs 1 trillion mark

Traded value has not risen at the same pace as the increase in assets under management

Gold ETFs posts Rs 103 cr inflow in May, falls by 21 cr from April

Gold exchange-traded funds (ETFs), considered a safe haven during uncertain times, continue to glitter as they received a net inflow of Rs 103 crore in May. The development comes after a net inflow of Rs 124 crore witnessed in the asset class in April. Before that, investors withdrew Rs 266 crore from Gold ETFs in March, data from the Association of Mutual Funds in India (Amfi) showed. The slightly low inflow in May compared to the preceding month could be attributed to profit booking. Gold price came off its highs towards the second half of May on the back of positive news with regards to the US government raising the debt ceiling, thereby providing some buying opportunity, particularly after a sharp rally it witnessed since March this year, Melvyn Santarita, Analyst-Manager Research, Morningstar India, said. "With gold prices still trading at high levels, some investors would have chosen to book profits or take on risk on approach with a view that central banks would pause furthe

Street Signs: Adani Group shares, Exchange-traded funds surface, and more

Over the weekend, Adani Enterprises and Adani Transmission announced plans of raising Rs 12,500 crore and Rs 8,500 crore, respectively, through the qualified institutional placement route

Exchange route mandatory for sub-Rs 25 crore ETF deals from Tuesday

At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index

First Bharat Bond ETF matures, delivers 6.5% annualised returns

Edelweiss MF has merged the ETF with Bharat Bond ETF 2025 post maturity on April 17

Increasing efficiency

Lower compliance will help expand the reach of passive funds

Sebi's MF Lite plank for passive funds seen boosting India ETF landscape

Industry experts say it could help attract global players

Gold ETFs record Rs 165 crore inflow in February; net AUM drops

After witnessing the withdrawal of funds in the last three months, Gold exchange-traded funds (ETFs) attracted a net flow of Rs 165 crore in February, mainly due to a slight correction in local yellow metal prices. This was in comparison to a net outflow of Rs 199 crore registered in January, Rs 273 crore in December and Rs 195 crore in November. Prior to that, Gold ETFs attracted Rs 147 crore in October, data from the Association of Mutual Funds in India (Amfi) showed. "Despite witnessing outflows across most markets, Gold ETFs in India witnessed inflows in February. This was largely backed by a small correction in local Gold prices. The demand for ETFs largely arises when there is a correction in prices," Kavitha Krishnan, Senior Analyst Manager Research, Morningstar India, said. The demand for physical Gold in India is largely driven by festival and wedding season, she added. Also, the segment saw an increase in the number of folios by around 20,000 to 46.94 lakh during the pe

Silver ETFs gain modest traction in first year with AUM of Rs 1,500 crore

Advisors say more money will trickle in once silver ETFs build a solid returns chart

Sebi fines DSP group firms Rs 1 lakh for charging TER from AMC books

Sebi noted the defaulters paid 0.09% expenses of the scheme out of 0.16% from their own books in case of DSP Nifty 50 ETF

Sebi proposes regulatory framework for index providers, Rs 25 cr net worth

The regulator has floated a fresh consultation paper proposing provisions for eligibility, disclosures and audit

Mirae Asset Mutual Fund aims to launch precious ETF by Q1 next year

Exchange traded funds back each security issued with physical stocks of a given commodity, creating a product considered free from counterparty risk

IRCTC offer for sale oversubscribed, but stock declines more than 6%

Investors fear supply overhang; Centre has now reduced stake in firm by 25% in 3 years

$115 billion thematic ETF boom unhindered despite mounting losses

Year-to-date, 53% of thematic funds are underwater since their inception. Launches in 2022 have slowed to 38 from the 77 seen in the previous year, while closures have picked up to 20 from five

Mutual funds' new-age technology schemes prove to be a non-starter

Despite several innovative tech FoF applications with Sebi, only one hits the market

ESIC approves proposal to invest surplus funds in stock market through ETFs

Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs). The decision was taken in the 189th meeting of ESIC held on Sunday at ESIC headquarters under the chairmanship of Union labour minister Bhupender Yadav, a labour ministry statement said. Due to relatively low returns on investments in various debt instruments coupled with the need to diversify investment, ESIC gave its approval for investments of surplus funds in equities restricted to ETFs. The investment will start with 5 per cent of surplus funds and will increase up to 15 per cent, based on the review of the investment after two quarters, it stated. The investment will be confined to Exchanged Traded Funds on Nifty and Sensex. It will be managed by fund managers of asset management companies (AMSs), the statement said. Equity investments will be monitored by the existing custodian, ..

Sebi sets lower single-issuer limits for mutual fund debt schemes

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

Budget 2023: MFs seek LTCG exemption for longer-term equity investments

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets