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DSP Investment Managers launches DSP Nifty Bank ETF DSP Investment Managers launches DSP Nifty Bank ETF DSP Investment Managers announced the launch of DSP Nifty Bank ETF, an open-ended scheme replicating/tracking the Nifty Bank Index. This ETF offers investors an option to take a sectoral exposure to the banking sector. This is especially relevant now as banking stocks are available at attractive valuations despite the recent rally in the stock markets.   Banking stocks currently contribute the highest share of profits among all...
DSP Investment Managers launches DSP Nifty Bank ETF
DSP Investment Managers launches DSP Nifty Bank ETF
Source: PR Agency
23/12/2022 2:43:32 PM
Q3 2022 gold demand shines in India The demand for gold went up by 14 per cent to 191.7 ton in India during the third quarter of this calendar year, said the World Gold Council (WGC) on Tuesday. According to the WGC, the gold demand in India was at 191.7 ton (value Rs 85,010 crore) during Q3 2022 as against 168 ton (Rs 71,630 crore) of the corresponding period in 2021. The jewellery demand for the period under review was at 146.2 ton up from 125.1 ton the previous year. On the other hand, the total investment demand fo...
Q3 2022 gold demand shines in India
Q3 2022 gold demand shines in India
Source: IANS
1/11/2022 10:01:46 AM
Aditya Birla Sun Life MF announces norms for passive funds and change in rebalancing period Aditya Birla Sun Life Mutual Fund has announced norms for Exchange Traded Funds (ETFs) and Index Funds of the Fund. Pursuant to SEBI circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022 on Development of Passive Funds, (the Circular), provisions regarding the following shall form part of the SID & KIM of ETFs and Index Funds of the Fund, as applicable with effect from Friday, July 1, 2022: Rebalancing Period, Investor Education and Awareness Charges, Direct transaction in ETFs t...
Aditya Birla Sun Life MF announces norms for passive funds and change in rebalancing period
Aditya Birla Sun Life MF announces norms for passive funds and change in rebalancing period
Source: Accord Fintech
4/07/2022 3:05:01 PM
Listed fund inflows rise in August Boosted by non-exchange traded fund (ETF) flows, listed funds inflows into the country increased in the month of August to $983 million, a report by Kotak Institutional Equities has said. Of the inflows, $824 million came from non-ETF category. Over the past few months, fund flows were largely dominated by ETFs. According to the brokerage, India-dedicated funds saw outflows of $165 million broken down into $74 million of ETF outflows and $91 million of non-ETF outflows, while GEM (globa...
Listed fund inflows rise in August
Listed fund inflows rise in August
Source: IANS
28/09/2021 2:18:30 PM
Axis MF introduces Consumption ETF Axis Mutual Fund (MF) has launched the Axis Consumption ETF, an open-ended Exchange Traded Fund tracking NIFTY India Consumption Index. The NFO opens for subscription on August 30, 2021, and closes on September 13, 2021. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereof. The performance of the scheme shall be benchmarked against Nifty India Consumption TRI Index and its fund managers are Viresh Joshi and Deepak ...
Axis MF introduces Consumption ETF
Axis MF introduces Consumption ETF
Source: Accord Fintech
30/08/2021 1:58:30 PM