India-focussed offshore funds, ETFs see $5 bn outflow in March quarter due to COVID-19 pandemic: Report
India-focussed offshore funds and exchange-traded funds (ETFs) witnessed a net outflow of $5 billion in three months ended March 2020, making it the eighth consecutive quarter of withdrawal amid the coronavirus pandemic, according to a Morningstar report
Crude climbs as storage fills less rapidly than feared; demand may pick up as some European countries, US cities ease lockdowns
While storage is rapidly filling up, production cuts by US shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day (bpd) for May and June, should help slow flows into tanks.
Stock Market Latest Updates: Market rebounds as Sensex soars over 1,000 points, Nifty above 8,500-level; ITC, Reliance Industries among top gainers
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NSE said it will continue to monitor market conditions and announce the revised date of implementation of index rebalancing changes by providing two-weeks notice.
Inflows to equity mutual funds touch 11-month high of Rs 10,730 cr in February amid concerns over impact of coronavirus
Net inflows into equity and equity-linked schemes rose from Rs 7,547 crore in January to Rs 10,760 crore in February, data by the Association of Mutual Funds in India showed on Wednesday.
DHFL insolvency a test case for IBC, Subhash Chandra no longer majority shareholder in Zee; all this and more on Moneycontrol Pro
DHFL will be the first NBFC to be referred to the NCLT by the banking regulator.
Nifty near all-time highs, should ETFs be the investment vehicle of choice in India; read this and more on Moneycontrol Pro
The index multiples have surged as stock prices have gone up despite the fact that earnings, for the Nifty pack, have seen annualised growth between 5-6% over the same period.
The exchange, further said, it is continuously engaging with investors to ensure a larger participation from the retail segment in ETFs.
Gold exchange-traded funds garnered Rs 44 crore in September, making it the second straight month of inflows, as trade conflicts, signs of a global slowdown and decline in equities made investors bet big on the safe-haven asset
The government is working on a proposal to extend tax benefits to retail investors in its two exchange traded funds - CPSE and Bharat-22 ETF
Akshaya Tritiya gets off to a good start after three bad years; gold coins, lightweight jewellery most sought-after items
The dip in the price of gold helped and customers have been thronging jeweller stores across cities in the country
Govt aims to raise Rs 5,316 cr through Axis Bank stake sale; keeps option to sell additional 1.02% shares
SUUTI, which was created to take over part of the assets and liabilities of the now defunct Unit Trust of India, owned 9.56 percent stake in Axis Bank at the end of December 2018.
SEBI tweaks stock weightage norms for equity ETFs, index funds; three months given to comply with new rules
In a circular issued to all mutual funds and asset management companies, SEBI said an index used for equity ETFs or index funds should have at least 10 stocks as its constituents.
In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 422 crore in the first seven months of 2017-18, latest data with industry body Amfi showed.
India-focused offshore funds and exchange-traded funds (ETFs) registered outflow of $357 million in July, taking the total withdrawals to nearly $2 billion in the first seven months of this year, according to a Morningstar report
According to the latest data available with Association of Mutual Funds in India (Amfi), a net sum of Rs 46 crore was pulled out of 14 gold-linked ETFs in February as compared to Rs 35 crore in January this year.
From a purely investment point of view several gold schemes offer better alternative than buying gold
EPFO has already invested Rs 1,500 crore in ETFs in the first half of the current fiscal and will invest about Rs 11,500 crore in the remaining six months
In comparison, listed foreign funds poured in $1.2 billion in July after pulling out $332 million in July
ETFs performed well at 237 tonnes during the April-June period, while bar and coin demand was also up in a number of markets, including the US, at 25 tonnes