Exchange Traded Fund

Exchange Traded Fund News

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 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

Govt plans to garner Rs 10,000 cr from seventh tranche of CPSE ETF by end of current month
Business

Govt plans to garner Rs 10,000 cr from seventh tranche of CPSE ETF by end of current month

The government is planning to raise over Rs 10,000 crore from CPSE ETF's seventh tranche that would be launched by the end of the current month, according to market sources

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

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.

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.

Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE
Business

Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE

The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in

Bharat 22 ETF: Govt raises Rs 14,500 cr; fund sees Rs 32,000 cr bids, so far Rs 52,000 cr garnered via divestment
Business

Bharat 22 ETF: Govt raises Rs 14,500 cr; fund sees Rs 32,000 cr bids, so far Rs 52,000 cr garnered via divestment

In Bharat 22 ETF, as much as 25 percent of total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore

Bharat 22 ETF opened on bourses: Arun Jaitley says 6 core sectoral companies make index diversified
Business

Bharat 22 ETF opened on bourses: Arun Jaitley says 6 core sectoral companies make index diversified

In Bharat 22 ETF, shares of government companies represent 6 core sectors of economy

Cabinet approves alternative mechanism for creation and launch of a New Exchange Traded Fund
Business

Cabinet approves alternative mechanism for creation and launch of a New Exchange Traded Fund

After the Cabinet approves divestment of a CPSE, then a group of ministers will take charge of the process by deciding the price band and the quantum of stake sale.

Bitcoin hits record high riding on talks of exchange-traded fund approval
News & Analysis

Bitcoin hits record high riding on talks of exchange-traded fund approval

Digital currency bitcoin jumped to a record high above $1,200 (roughly 79,965) on Friday.

Reliance Mutual Fund gets govt nod to manage CPSE Exchange Traded Fund
Business

Reliance Mutual Fund gets govt nod to manage CPSE Exchange Traded Fund

CPSE ETF, comprising scrips of 10 PSUs, was launched in March 2014 under which retail investors have to invest a minimum of Rs 5,000 to buy units.

Govt to float 2nd ETF to offload CPSE stake, invites AMCs to submit bids
Business

Govt to float 2nd ETF to offload CPSE stake, invites AMCs to submit bids

The government is planning to create a new ETF, in addition to the existing CPSE ETF that was launched in March 2014

Apple buyback burnishes earnings per share, may soothe critics
News & Analysis

Apple buyback burnishes earnings per share, may soothe critics

Buy low, sell high. That's the investor's credo, and one Apple Inc appears to have followed when it pounced on a drop in its own stock price to buy $14 billion of its shares in two weeks.