The markets regulator has amended rules to introduce the exchange traded funds
When selecting an index fund, pay attention to fee and tracking error
Interested in Bitcoin but don't want to open a crypto trading account? Wall Street has something for you. ProShares said Monday it plans to launch the country's first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol BITO is expected to begin trading Tuesday, barring any opposition from regulators. It's the latest milestone for Bitcoin and for the ETF industry in general. In a statement, ProShares CEO Michael Sapir compared the launch of a crypto-linked ETF to the 1993 launch of the first stocks ETF and the 2002 rollout of the initial bond ETF. The U.S. market for ETFs has grown to more than USD5.4 trillion and they're owned by roughly 9per cent of all the nation's households, according to the Investment Company Institute. Cryptocurrencies, meanwhile, have exploded into a nearly USD2.5 trillion industry after the creation of thousands of digital currencies. Bitcoin is the biggest of them all, with a total value of nearly USD1.2 trillion. But like much in the ...
It can act as hedge against high inflation or slowdown
Shares of Ami Organics dropped more than 4 per cent on Friday as the 30-day lock-in period meant for anchor investors ended
So far this year, inflows have totalled $38.2 billion
In the past few years, HDFC MF witnessed continued erosion in its market share as its key equity funds underperformed
Markets regulator Sebi has decided to tweak the criteria for determining 'Fit and Proper Person' and given its approval for the launch of silver exchange-traded funds (ETFs) in the country
Gold-backed exchange traded funds (ETF) experienced net outflows in August of 22.4 tonnes, as North American outflows outweighed inflows into European and Asian funds, the World Gold Council said
Axis Mutual Fund on Monday launched a consumption ETF (exchange-traded fund) with a target to raise Rs 25 crore.
Demand spurred by healthy returns and a chance to play in stocks such as Alphabet Inc, Microsoft and Facebook
Officials in the company said they are expecting another Rs 1,000 crore as online applications will continue till midnight
Apart from diversification, rupee depreciation has helped some global funds post returns of 42-44%
Investors withdrew the most money from Brazil, notably the $1.6 billion iShares Latin America 40 ETF, known as ILF
To avoid the challenge of buying ETFs at the right price, choose index funds
Equity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion
India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.
Some themes aggressively pursued by fund houses include environmental, social and governance (ESG), international funds, and other innovative ETFs in the equity, as well as debt segments
In active funds, you may miss out on potential winners if focus is only on expense ratio
In a telephonic interview with Shrimi Choudhary, Injeti Srinivas, chairman of IFSC Authority (IFSCA), discusses the impact of Covid-19 on the operations of Gift City