Organisation is considering crediting interest rate in a staggered manner with the remaining 0.35% to be paid in December 2020
Total fees for the top 10 gold ETFs, based on current prices and holdings, are about $610 million a year, according to a Bloomberg News calculation
The total outflow from the category has reached to $6.5 billion so far in this calendar year (until June 2020), which is noticeably higher than the $5.9 billion outflow in the full 2019 calendar year
Eliminate all those funds from your selection universe where the expense ratio is extremely high
It is not all gloom and doom. The rural economy has held up quite well and we should start appreciating it even more, says Sharma in an interview with Puneet Wadhwa
The second series of ETFs were launched with a green-shoe option of an additional Rs 11,000 crore over and above the base issue size.
Dangers of global liquidity glut are the same as the last crisis
International funds delivered 6.8% returns in one year, against large drawdowns in domestic funds
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.
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
Whenever there is a high level of fear or panic, either in the economy or the markets, money tends to move into gold.
Movng to stronger, more diversified ones will be prudent
Listed emerging market flows were negative for all countries, except Brazil and Russia.
This was the fourth straight week of outflows and also the biggest weekly outflow in more than a year
ETFs are similar to index funds, except that these may be bought and sold on the exchanges. They're preferred by institutional investors
Grey market premiums have dropped to 10% after last week's market fall.
ETFs, which invest in Hong Kong-listed Chinese stocks, saw outflows of nearly $1.4 billion - most among Ems
Hopes of further gains in the price of the previous metal could sustain inflows into gold ETFs
Among the key proposals of Finance Minister Nirmala Sitharaman's maiden Budget was extending the Section 80C tax advantage to PSU ETFs. However, the proposal is yet to be notified