Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds among investors. This has created a massive demand-supply gap and has shifted investor interest towards Gold ETFs,” said Mayank Bhatnagar, co-founder and COO, FinEdge. HNI and retail investors' interest “Gold ETFs have witnessed a sharp rise in popularity throughout …
Quick commerce startup Zepto is looking to raise about $250 million from high-net-worth individuals and wealth management firms, including Motilal Oswal, IIFL and InCred, at a near-flat valuation of $5 billion, three people familiar with the matter told Mint. Ebitda positive Nearly 75% of Zepto’s 350 stores are Ebitda-positive, CEO Aadit Palicha told Mint in an interview in June, adding …
In a groundbreaking move, the Union Budget 2024-25 has introduced sweeping changes to the capital gains tax regime. View Full Image Graphic by Pranay Bhardwaj Lucrative option in ETFs In a similar vein, the budget aligns the tax rates on gold and silver exchange-traded funds with those of listed equities, offering investors a more straightforward and potentially more lucrative option …
