Many investors start reviewing their portfolios at the end of the year and making calculated choices to reach their financial objectives. While PPF offers a safe, tax-free return of 7.1% and bank FDs, give stability with returns of 6-7%, exchange-traded funds offer a chance for greater growth potential with average yearly returns of 12–15% that are correlated with market performance. …
Assets under management of all the Exchange Traded Funds and Index Funds tracking Nifty 50 index in India crossed ₹2 lakh crore. Nifty 50 index-linked passive funds account for 40% share of ETFs' and Index Funds' AUM in India. Vikram Limaye, MD & CEO, NSE said, “This milestone achieved in the Indian passive funds industry is the culmination of efforts …
New York CNN Business — Cryptocurrency investors finally got what they’ve been clamoring for as the first bitcoin-linked, exchange-traded fund launched Tuesday. “The ETF approval is a watershed moment for the industry,” Bitcoin Foundation chairman Brock Pierce said in a statement to CNN Business. “This moment is long-awaited, as numerous entrepreneurs and firms have sought approval from regulators since as …
NEW DELHI: In this calendar year so far, gold-backed exchange traded funds have seen global net inflows touching $39.5 billion, industry lobby group World Gold Council has said. With that, gold ETFs have beaten the previous full year record of $23 billion, set in 2016. Elevated uncertainty around global economic revival has pushed gold prices to record highs, as investors …