Edelweiss MF to launch India’s first gold and silver fund
2 years, 6 months ago

Edelweiss MF to launch India’s first gold and silver fund

Live Mint  

Asset management company Edelweiss Mutual Fund is scheduled to launch India’s first scheme that offers exposure to gold and silver via a single fund on 24 August. The new fund offer for Edelweiss Gold and Silver ETF Fund of Fund will close on 7 September. India’s first gold fund, Nippon India ETF Gold BeES, was launched in March 2007, while silver-based mutual funds were first introduced in January this year. Since the AMC doesn’t have a standalone gold or silver fund, the scheme will invest in units of gold and silver ETFs managed by other fund houses or Edelweiss.

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Zerodha Fund House launches Silver ETF amid soaring precious metal prices
5 days, 18 hours ago

Zerodha Fund House launches Silver ETF amid soaring precious metal prices

Live Mint  

With silver prices surging due to macroeconomic and geopolitical factors, investors are increasingly looking at the metal as a strong investment opportunity. In response to this growing interest, Zerodha Fund House has announced the launch of the Zerodha Silver ETF, an open-ended exchange-traded fund designed to track domestic silver prices. Zerodha’s Perspective on the Silver ETF Launch Commenting on the …

Gold ETF: Amid continuous rise in gold prices, Union MF launches dual NFOs - Key Benefits
1 month ago

Gold ETF: Amid continuous rise in gold prices, Union MF launches dual NFOs - Key Benefits

India TV News  

NFO alert: Union Mutual Fund has launched two New Fund Offers - Union Gold ETF and Union Gold ETF Fund of Fund. While the Union Gold ETF closes on February 17, 2025, the Union Gold ETF Fund of Fund closes on February 24, 2025. Union Gold ETF Fund of Fund Union Gold ETF Fund of Fund will invest in units …

Edelweiss shocks investors with 2,000% fee hike; Radhika Gupta explains why
1 month, 1 week ago

Edelweiss shocks investors with 2,000% fee hike; Radhika Gupta explains why

Live Mint  

Edelweiss Asset Management Company has announced a steep hike in the total expense ratio cap for its flagship Bharat Bond ETFs —from a near-zero 0.0001% to 1%, a move that could have far-reaching implications for investors. The Bharat Bond ETFs were launched as a cost-effective solution for retail and institutional investors looking for exposure to high-quality public sector bonds. This …

Best ETFs in India: Top 7 gold Exchange-Traded Funds to consider for long-term investment. See full list here
4 months ago

Best ETFs in India: Top 7 gold Exchange-Traded Funds to consider for long-term investment. See full list here

Live Mint  

Gold Exchange-Traded Funds are attracting attention from investors as global uncertainties, geopolitical tensions, inflationary pressures, and market fluctuations drive interest in the yellow metal. Top Gold ETF Schemes for long term investment Those investors considering adding gold ETFs to their portfolio for long-term investment can compare their returns over three or five-year periods. According to AMFI data, most gold ETF …

Weekend Wrap: From Page Industries to M&M, top market movers and news of week
4 months ago

Weekend Wrap: From Page Industries to M&M, top market movers and news of week

Live Mint  

Top News In a recent regulatory update, the Securities and Exchange Board of India introduced new measures to enhance transparency in the mutual fund industry. Beginning December 5, 2024, fund houses are required to distinctly disclose expenses and returns for both direct and regular mutual fund plans, providing investors with clearer information for decision-making. In mutual fund developments, Shriram AMC …

NFO Alert: Zerodha Fund House launches Zerodha Gold ETF; all you need to know
1 year ago

NFO Alert: Zerodha Fund House launches Zerodha Gold ETF; all you need to know

Live Mint  

Zerodha Fund House announced the launch of the Zerodha Gold ETF. The investment objective of the scheme is to generate returns corresponding to the domestic price of gold before expenses, subject to tracking errors, fees and expenses by investing in physical gold. To date, many asset management companies have launched such gold exchange-traded funds, thus, allowing inclined investors to avail …

NFO Alert: Edelweiss Mutual Fund launches Edelweiss Silver ETF. Details here
1 year, 3 months ago

NFO Alert: Edelweiss Mutual Fund launches Edelweiss Silver ETF. Details here

Live Mint  

Edelweiss Mutual Fund announced the launch of the Edelweiss Silver ETF. Under normal circumstances, the asset allocation of the scheme will be as follows: Instruments Indicative allocations Risk Profile Silver & silver related instruments 95% to 100% Moderate Risk to High Risk Debt and Money Market Instruments 0% to 5% Low Risk to Moderate Risk Are there similar mutual funds …

Should you invest a mutual fund with a gold and silver ETF FoF combo?
1 year, 9 months ago

Should you invest a mutual fund with a gold and silver ETF FoF combo?

Live Mint  

Gold and silver are considered a hedge against inflation and a safe haven during economic uncertainty. Investing in gold and silver through a single scheme Rather than investing in gold and silver separately through 2 different schemes, some fund houses have launched gold and silver ETF FoF. A gold and silver ETF FoF allows an investor to invest in gold …

Adani Enterprises shares: Edelweiss MF raises stake in Jan 2023. Should you buy?
2 years ago

Adani Enterprises shares: Edelweiss MF raises stake in Jan 2023. Should you buy?

Live Mint  

Adani Enterprises share: Despite heavy sell off in Adani Enterprises shares after US-based shot seller Hindenburg Research report raised concern over debt positioning of Adani group companies. In January 2023, Edelweiss Mutual Fund has raised stake in flagship Adani group company Adani Enterprises Ltd. As on 31st December 2022, Edelweiss Mutual Fund was holding paltry 1,034 Adani Enterprises shares that …

Yes Bank shares: Edelweiss Mutual Fund raises stake in Jan 2023. Buy or wait?
2 years, 1 month ago

Yes Bank shares: Edelweiss Mutual Fund raises stake in Jan 2023. Buy or wait?

Live Mint  

Yes Bank shares have been under sell off pressure after climbing to 52-week high of ₹24.75 apiece on NSE in December 2022. As on 31st January 2023, Edelweiss Mutual Fund holds 4,84,135 whereas the AMC used to hold 4,65,671 Yes Bank shares on 31st December 2022. According to stock market experts, Yes Bank share price is trading in the range …

Edelweiss MF’s Bharat Bond ETF: Invest or not?
2 years, 3 months ago

Edelweiss MF’s Bharat Bond ETF: Invest or not?

Live Mint  

Edelweiss Mutual Fund has launched the fourth tranche of its very popular Bharat Bond ETF. The ETF will passively invest in the constituents of the Nifty Bharat Bond Index–April 2033 that consists of AAA-rated public sector company bonds, and charges a very low expense ratio of 0.0005%. View Full Image Mint What’s on offer If you invest now and stay …

New NFO Alert: Kotak Mahindra Mutual Fund launches silver ETF. Details here
2 years, 4 months ago

New NFO Alert: Kotak Mahindra Mutual Fund launches silver ETF. Details here

Live Mint  

Kotak Mahindra Asset Management Company Ltd announced the launch of its open-ended silver exchange-traded fund on November 10, 2022. The asset management company in its fund offer document stated, “This fund will provide the investors an opportunity to hedge against the ongoing economic uncertainties and geopolitical risks prevalent across several major global economies.” Nilesh Shah, Group President and Managing Director, …

This Dhanteras, add some sparkle to your portfolio with gold
2 years, 4 months ago

This Dhanteras, add some sparkle to your portfolio with gold

Hindustan Times  

It is that time of the year again when serpentine queues outside gold shops become a common sight. The pursuit of gold as an investment is rooted in India’s post-independence history and the colouring it had on how older generations perceived wealth and financial security. Chhabria says, “Investors can buy physical gold or avail other options like gold ETFs and …

Motilal Oswal AMC launches Gold and Silver ETFs FoFs; All you need to know
2 years, 5 months ago

Motilal Oswal AMC launches Gold and Silver ETFs FoFs; All you need to know

Live Mint  

Motilal Oswal Asset Management Company launched Motilal Oswal Gold and Silver ETFs FoFs on September 22. Gold is a hedge against inflation, protects against the erosion of wealth, and acts as a store of value in such times," said Navin Agarwal, MD & CEO of Motilal Oswal Asset Management Company. Pratik Oswal, President - Passive Business, Motilal Oswal Asset Management …

Edelweiss Mutual Fund launches Focused Equity Fund
2 years, 8 months ago

Edelweiss Mutual Fund launches Focused Equity Fund

Live Mint  

NEW DELHI: Edelweiss Asset Management Ltd on Tuesday launched a new fund offer for Edelweiss Focused Equity Fund, that will invest in 25-30 stocks spread across three key investing opportunities of brands, market share gainers, and innovators. The Edelweiss Focused Equity Fund will open for subscription between 12 and 25 July and offers both direct and regular plans. Radhika Gupta, …

Silver ETF can help diversify your portfolio while posing minimal risk : Here’s
3 years ago

Silver ETF can help diversify your portfolio while posing minimal risk : Here’s

Live Mint  

For most Indians, precious metals such as gold and silver have both financial and emotional importance. The capital market regulator, the Securities and Exchange Board of India enabled mutual fund firms to introduce Silver ETFs in India in September 2021, in response to increased demand for silver. India’s First Silver ETF ICICI Prudential Mutual Fund, India's second biggest fund firm, …

Motilal Oswal MF files for precious metals fund of funds scheme
3 years, 1 month ago

Motilal Oswal MF files for precious metals fund of funds scheme

Live Mint  

Asset management company Motilal Oswal Mutual Fund has applied for Motilal Oswal Precious Metals FoFs, an open-ended fund of funds scheme that will invest in units of gold and silver exchange-traded funds. As per the scheme information document of Motilal Oswal Precious Metals FoFs filed with Sebi, the scheme targets a minimum amount of ₹10 crore during the new fund …

How can investors benefit from putting their money in silver?
3 years, 2 months ago

How can investors benefit from putting their money in silver?

Business Standard  

ICICI Prudential Mutual Fund and Nippon India Mutual Fund are tapping into the latent demand for silver investments, with the recent launch of their silver exchange-traded funds and fund of fund.Other fund houses like DSP, HDFC and Mirae Asset will soon come out with their offerings too. Chirag Mehta, senior fund manager-alternative investments at Quantum Mutual Fund, told Business Standard …

Why investors should opt for Gold ETFs this Diwali
3 years, 4 months ago

Why investors should opt for Gold ETFs this Diwali

Live Mint  

Investment in gold can be done in the form of Physical gold, Sovereign Gold Bonds, Gold ETF, Gold Funds. Over the last couple of years, investors have increasingly preferred Gold ETFs as can be seen through the rising folio count,” said Nitin Kabadi, Head - ETF Business, ICICI Prudential AMC. Should you buy Gold ETFs this Diwali He added that …

Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts
3 years, 7 months ago

Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts

Business Standard  

Gold exchange-traded funds attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal. Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due …

Investors pull out Rs 31 crore from gold ETF in October to book profit
5 years, 4 months ago

Investors pull out Rs 31 crore from gold ETF in October to book profit

Business Standard  

According to the latest data available with the Association of Mutual Funds in India, Rs 31.45 crore was pulled out from gold-linked ETFs last month. Gold ETFs witnessed a net infusion of Rs 44.11 crore in September and Rs 145.29 crore in August, the first inflow since November last year, when Rs 10 crore was infused in such instruments. Prior …

Gold ETFs lose sheen, investors withdraw ₹280 crore in Apr-Nov
6 years, 2 months ago

Gold ETFs lose sheen, investors withdraw ₹280 crore in Apr-Nov

Live Mint  

New Delhi: Gold exchange-traded funds continue to lose steam, with investors pulling out ₹ 280 crore during the April-November period of the current fiscal, preferring to invest in equities despite volatile markets. In comparison, 14 gold-linked ETFs had witnessed a withdrawal of ₹ 511 crore in the first eight months of 2017-18, the latest data from industry body Amfi showed. …

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore
6 years, 3 months ago

Gold ETFs witness Rs 290-crore outflow in Apr-Oct period; asset base declines 8% to Rs 4,621 crore

Firstpost  

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. New Delhi: Gold exchange-traded funds continued to lose steam, with investors pulling out Rs 290 crore during the April-October period of the current fiscal. The assets under management of gold funds went down …

Investors remain bearish, continue to exit from gold ETFs in April; prefer equities
6 years, 10 months ago

Investors remain bearish, continue to exit from gold ETFs in April; prefer equities

Firstpost  

Trading in gold ETF segment has been lukewarm during the last five years New Delhi: Investors remained bearish on gold exchange-traded funds as they pulled out Rs 54 crore from the instrument in April, preferring equities over them. The net outflow meant assets under management of gold funds slipped to Rs 4,802 crore from Rs 4,806 crore in the preceding …

Edelweiss ramps up mutual fund biz, to now acquire Ambit Alpha Fund for undisclosed sum
8 years, 5 months ago

Edelweiss ramps up mutual fund biz, to now acquire Ambit Alpha Fund for undisclosed sum

Firstpost  

Edelweiss group entity has agreed to acquire Ambit Alpha Fund, a category III Alternate Investment Fund with an AUM of over Rs 1,100 crore New Delhi: Financial services firm Edelweiss Thursday said one of its group firms will acquire Ambit Alpha Fund for an disclosed sum. “An Edelweiss group entity has agreed to acquire Ambit Alpha Fund, a category III …

Gold ETFs allowed to invest in Gold Deposit Schemes
12 years, 1 month ago

Gold ETFs allowed to invest in Gold Deposit Schemes

The Hindu  

The Securities and Exchange Board of India on Friday allowed Gold Exchange Traded Fund schemes to invest in Gold Deposit Schemes of banks, as the Reserve Bank of India changed the maturity period of gold deposits, from six months to seven years instead of three to seven years making the product more attractive for investors. “The total investment in GDS …

IDBI Gold ETF Collects Over Rs 110 crore In New Fund Offer – India TV
13 years, 4 months ago

IDBI Gold ETF Collects Over Rs 110 crore In New Fund Offer – India TV

India TV News  

Mumbai, Nov 9: IDBI Gold Exchange Traded Fund, the new fund offer launched by IDBI Asset Management, has collected over Rs 110 crore, predominantly from around 11,000 retail investors, including HNIs. "In the current scenario of inflation and economic uncertainties, investment in gold could be viewed as a good hedge and prudent asset allocation strategy. We have collected over Rs …

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