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Mirae Asset Mutual Fund files offers document for Nifty EV and New Age Automotive ETF Mirae Asset Mutual Fund has filed offer document with SEBI to launch an open-ended scheme traded fund named ‘Mirae Asset Nifty EV and New Age Automotive ETF'. The offer for Sale of Units at 1/1000th value of the Nifty EV and New Age Automotive closing Index. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and minimum target subscription amount for the Scheme to be raised is Rs 5 crore. The performance of the scheme will be benchmar...
Mirae Asset Mutual Fund files offers document for Nifty EV and New Age Automotive ETF
Mirae Asset Mutual Fund files offers document for Nifty EV and New Age Automotive ETF
Source: Accord Fintech
2024-06-04 03:16:09 pm
NSE Indices unveils India`s 1st Electric Vehicle Index NSE Indices, NSE’s index services subsidiary, on Thursday launched a new Nifty EV and New Age Automotive Index, as the adoption of Electric Vehicles (EVs) surges amid an increase in charging infrastructure.  The EV Index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology, NSE Indices said in a statement. The base date for the index is April 2, 2018, and the ba...
NSE Indices unveils India`s 1st Electric Vehicle Index
NSE Indices unveils India`s 1st Electric Vehicle Index
Source: IANS
2024-05-31 10:06:59 am
Bajaj Finserv MF introduces Nifty 1D Rate Liquid ETF Bajaj Finserv Mutual Fund (MF) has launched Bajaj Finserv Nifty 1D Rate Liquid ETF, an open-ended Exchange Traded Fund tracking Nifty 1D Rate Index with Relatively Low Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on May 13, 2024 and closes on May 16, 2024. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1. The performance of the scheme will be benchmarked against Nifty 1D R...
Bajaj Finserv MF introduces Nifty 1D Rate Liquid ETF
Bajaj Finserv MF introduces Nifty 1D Rate Liquid ETF
Source: Accord Fintech
2024-05-13 12:15:40 pm
Inflows into India-linked ETFs set to smash 2014 record Inflows into U.S.-listed exchange traded funds (ETFs) tracking Indian stocks were set for their best year on record, as the country's consistent economic growth and surging population drew in investors hunting for an alternative to China. Net inflows for the year till October in India-focused ETFs reached $2.4 billion, dwarfing the last two years. That was significantly higher than the $2 billion in net inflows by October in 2014, the year net buys into India-linked ETFs peaked. ...
Inflows into India-linked ETFs set to smash 2014 record
Inflows into India-linked ETFs set to smash 2014 record
Source: Reuters
2023-11-07 09:21:53 am