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Value of Bitcoin skyrockets again as US ETF launch enhances investor exposure
World

Value of Bitcoin skyrockets again as US ETF launch enhances investor exposure

The fund, which opened on 19 October, allows investors to speculate on the future value of Bitcoin without actually owning it. It is the first time investors have been able to trade an asset related to Bitcoin on the New York Stock Exchange

Gold ETFs attract Rs 731 cr in April; coronavirus pandemic severely hit equity investments, global economy
Business

Gold ETFs attract Rs 731 cr in April; coronavirus pandemic severely hit equity investments, global economy

Gold exchange-traded funds have been gaining traction from investors and have attracted Rs 731 crore in April amid increased risk-aversion as the coronavirus pandemic severely hit equity investments and the global economy

Gold ETFs see inflow of Rs 200-cr in January, highest in 7 years; investors opt for safe-haven amid slowdown in global economy
Business

Gold ETFs see inflow of Rs 200-cr in January, highest in 7 years; investors opt for safe-haven amid slowdown in global economy

Gold exchange-traded funds witnessed a net inflow of Rs 200 crore in January, making it the highest infusion in seven years, as geopolitical tensions in different parts of the globe and slowdown in global economy led investors to opt for the safe-haven

Debt ETF to give opportunity to retail investors to invest in quality PSU bonds: Experts
Business

Debt ETF to give opportunity to retail investors to invest in quality PSU bonds: Experts

The government's decision to launch an umbrella debt exchange-traded fund will provide a better opportunity to retail investors for participation in quality public sector bonds at an affordable cost, experts said on Wednesday

Cabinet gives nod to launch Bharat Bond ETF; move to create additional source of funding for PSUs, state-run organisations
Business

Cabinet gives nod to launch Bharat Bond ETF; move to create additional source of funding for PSUs, state-run organisations

Further, Bond ETF trading on the exchange will help in better price discovery of the underlying bonds.

Why Moody’s cut its India credit rating outlook, investors taking refuge in gold ETFs; all this and more on Moneycontrol Pro
Business

Why Moody’s cut its India credit rating outlook, investors taking refuge in gold ETFs; all this and more on Moneycontrol Pro

Two years ago, Moody’s had upgraded India to Baa2 with a stable outlook from Baa3, the lowest investment rating.

Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee
Business

Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee

Gold ETFs had seen a net outflow of Rs 17.66 crore in July this year and a net outflow of Rs 45 crore in August 2018.

EPFO has enough surplus to hike interest rate to 8.65% for FY19; hope the Finance Ministry does not put roadblocks
Business

EPFO has enough surplus to hike interest rate to 8.65% for FY19; hope the Finance Ministry does not put roadblocks

The EPFO had provided a five-year low rate of interest of 8.55 percent to its subscribers for 2017-18

Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal
Business

Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.

CPSE Exchange Traded Fund 5th tranche: Govt gets bids worth Rs 9,500 crore
Business

CPSE Exchange Traded Fund 5th tranche: Govt gets bids worth Rs 9,500 crore

The government has received bids worth Rs 9,500 crore so far from the fifth tranche of CPSE Exchange Traded Fund (ETF), an official said on Friday

Govt may launch exchange traded fund of PSU bank stocks next fiscal
Business

Govt may launch exchange traded fund of PSU bank stocks next fiscal

The finance ministry is mulling launching an exchange-traded fund consisting of PSU bank stocks in the next financial year

Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment target
Business

Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment target

So far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.

Govt to raise up to Rs 14,000 cr through 4th tranche of CPSE ETF; issue to open next week
Business

Govt to raise up to Rs 14,000 cr through 4th tranche of CPSE ETF; issue to open next week

The government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.

Finance ministry eyes Rs 8,000 cr through CPSE exchange-traded fund, issue likely by November-end
Business

Finance ministry eyes Rs 8,000 cr through CPSE exchange-traded fund, issue likely by November-end

This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies.

EPFO members can withdraw 75% funds after 30 days of job loss; can still keep their PF accounts active
Business

EPFO members can withdraw 75% funds after 30 days of job loss; can still keep their PF accounts active

EPFO members would also have an option to withdraw remaining 25 percent of their funds and go for final settlement of account after completion of two months of unemployment

EPFO to consider widening range of ETF investments tomorrow to maximise returns
Business

EPFO to consider widening range of ETF investments tomorrow to maximise returns

Retirement fund body EPFO trustees will consider on Tuesday widening the range of equity linked schemes or exchange traded funds (ETFs) to maximise returns on its investments in stock markets

Bharat-22 ETF: Anchor investors put in Rs 5,163 cr bids, subscribe 3.44 times
Business

Bharat-22 ETF: Anchor investors put in Rs 5,163 cr bids, subscribe 3.44 times

The government on Tuesday launched the follow-on fund offer (FFO) of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies, to raise up to Rs 8,400 crore from the market

Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 cr
Business

Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 cr

The issue will open for anchor investors on 19 June and for other institutional and retail investors the next day

PF interest rates lowered to 8.55% for FY18; ETF investments fetch a return of 20.65% so far, says labour minister
Business

PF interest rates lowered to 8.55% for FY18; ETF investments fetch a return of 20.65% so far, says labour minister

Retirement fund body EPFO lowered the rate of interest on employees provident fund to 8.55 percent for its over 6-crore subscribers for 2017-18, from 8.65 percent in the previous fiscal.