Page 5 - Exchange-traded Funds
Passive funds: Select ones with low tracking error, say experts
In case of an ETF, prefer those that also have large trading volume and AUM
 "Passive funds: Select ones with low tracking error, say experts")
Passive funds: Select ones with low tracking error, say experts
In case of an ETF, prefer those that also have large trading volume and AUM
Bharat Bond ETF cross Rs 50,000 crore assets under management mark
Bharat Bond Exchange Traded Funds, a central government initiative, have crossed the Rs 50,000 crore asset under management mark in just two-and-a-half years, Edelweiss Mutual Fund said on Wednesday. The fund house manages Bharat Bond Exchange Traded Funds (ETFs). The overall passive debt category has crossed Rs 1.15 lakh crore mark at the industry level this growth was kickstarted by the launch of the first tranche of the Bharat Bond ETF in December 2019, according to a statement. So far, five tranches of Bharat Bond ETFs have been launched. There are 5 different maturities offered by the fund ETFs -- 2023, 2025, 2030, 2031, and 2032 -- which can help investors to choose the right maturity according to their needs. "The success of Bharat Bond ETFs is a testament to the financial strength of PSUs and the trust that they inspire in investors. We are happy that our maiden debt ETF has achieved phenomenal success," Tuhin Kanta Pandey, Secretary DIPAM, Ministry of Finance, said. The
 "Bharat Bond ETF cross Rs 50,000 crore assets under management mark")
Top AMCs see share of less-profitable passive schemes double in 3 years
Of every Rs 100 AUM of top 10 fund houses, ETFs and index funds accounted for Rs 14 in the first quarter of FY23
 "Top AMCs see share of less-profitable passive schemes double in 3 years")
Despite price fall, domestic gold trading at a discount to imports
In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7
 "Despite price fall, domestic gold trading at a discount to imports")
Gold ETFs see outflows for second month as equity markets extend gains
In August, gold ETFs logged outflows of Rs 38 crore, extending their two-month outflows to nearly Rs 500 crore
 "Gold ETFs see outflows for second month as equity markets extend gains")
Equity inflows at 10-month low in Aug, exchange traded funds gain traction
Average AUM for industry rose to Rs 39.5 trn, compared to Rs 37. 8 trn in July
 "Equity inflows at 10-month low in Aug, exchange traded funds gain traction")
Adani Enterprises' inclusion in Nifty50 index divides D-Street
Index inclusion comes after the 'best has played out for the stock' is an overarching concern
 "Adani Enterprises' inclusion in Nifty50 index divides D-Street")
India at 75: 20 milestones for Indian markets between 1995 and 2002
From the launch of the Nifty50 to the Ketan Parekh scam and the slump in the aftermath of the 9/11 terror attacks, here are the 20 biggest events for stock markets from 1995 to 2002
 "India at 75: 20 milestones for Indian markets between 1995 and 2002")
HDFC-HDFC Bank merger could set off Rs 48k-cr Nifty50 churn: Brokerage
Market players seek clarity from exchanges on the exclusion rule
 "HDFC-HDFC Bank merger could set off Rs 48k-cr Nifty50 churn: Brokerage")
EPFO made over Rs 67,000 crore from exchange-traded funds, shows data
Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20
 "EPFO made over Rs 67,000 crore from exchange-traded funds, shows data")
IIBX at GIFT City: A potential gold standard for the bullion trade
IIBX has the potential to ease the hassle involved in importing precious metals
 "IIBX at GIFT City: A potential gold standard for the bullion trade")
ETFs accounted for a third of record FPI outflows in June, shows data
The EPFR fund-flow data primarily tracks mutual funds, ETFs, closed-end funds, variable annuity funds, and insurance-linked funds
 "ETFs accounted for a third of record FPI outflows in June, shows data")
Markets regulator relaxes new exchange-traded funds' framework
Clause 2(IV)(A) under the new framework mandates all purchase and redemption orders directly placed with the fund house have to be greater than Rs 25 crore
 "Markets regulator relaxes new exchange-traded funds' framework")
India-dedicated funds follow global EM trend as outflows hit $547 mn in May
In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May
 "India-dedicated funds follow global EM trend as outflows hit $547 mn in May")
India-dedicated funds follow global EM trend as outflows hit $547 mn in May
In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May
One-year returns for 75% equity funds now negative as market drags
International funds have given negative returns of 17% in the last one year, while pharma and banking funds are down by 12.5% and 8.1% respectively
 "One-year returns for 75% equity funds now negative as market drags")
Gold underperforming but make it part of your inflation-combating portfolio
It may underperform in the near term, but could bounce back if fears of a US recession gain ground
 "Gold underperforming but make it part of your inflation-combating portfolio")
EPFO equity push: Stock returns more than 2x those of bonds, shows data
Retirement fund also invests in CPSE index, which has been a laggard among ETFs
 "EPFO equity push: Stock returns more than 2x those of bonds, shows data")
Sebi allows MFs to float passively managed equity-linked savings schemes
The move will allow new fund houses that are especially focusing on passive schemes to float a passively-managed ELSS fund
