Year-to-date inflows have reached $1.23 billion, only slightly below the full-year total of $1.29 billion in 2024. By comparison, India’s gold ETFs garnered about $310 million in 2023 and $33 million in 2022.
Gold and silver prices surged to multi-month highs, driven by expectations of a U.S. Federal Reserve rate cut and a weakening dollar. Spot gold neared its all-time high at \$3,493.10 per ounce, while silver crossed \$40 for the first time since 2011. In India, 24K gold hit Rs 105,880 per 10 grams and silver reached Rs 1.05 lakh per kilogram. This rally boosted gold and silver ETFs on the NSE, with ICICI and SBI Gold ETFs gaining over 1.6%, and HDFC Silver ETF surging 4.58%. Rising demand for silver from the EV and solar sectors, along with a five-year supply deficit, has intensified interest. ETF inflows for silver reached a three-year high, while global gold ETF holdings climbed to 3,656.7 tonnes. Upcoming Indian festivals and weddings are expected to fuel further physical demand. Analysts predict continued momentum amid global economic uncertainty and supportive monetary policy trends.
The ETFs have surpassed listed US stocks for the first time, with over 4,300 ETFs as against nearly 4,200 listed companies, potentially increasing choices for investors, along with lower costs.
Sebi, after consultation with exchanges and mutual fund industry, is planning to tweak the base price calculation and price bands for ETFs, to align the NAVs closer to market rates and prevent abrupt price swings.
The iShares MSCI India ETF (INDA), a key indicator of US investor sentiment toward Indian equities, dropped 1 percent intraday following the announcement
Choice's formal entry into investment management paves way for a phased rollout starting with passive products such as Index Funds and Exchange Traded Funds (ETFs).
"... a need is felt to standardize the valuation methodology for gold and silver across the mutual fund industry, in order to ensure consistency and eliminate discrepancies in the valuation of these commodities," stated the SEBI consultation paper.
In today’s volatile market, many investors, especially those new to the game, find themselves questioning the reliability of their returns. Traditional investment routes can feel overwhelming, risky, or simply too complex. That’s where Exchange-Traded Funds (ETFs) come in. This video breaks down how ETFs are transforming the investment landscape by offering a balanced, transparent, and cost-effective way to grow wealth and as well as the difference between Mutual Funds and ETFs. Watch the video for more information.
Silver prices have risen significant over the past months. The metal is hovering near Rs 99,000 a kg
Some experts have attributed this dip to ‘butterfly investors’, referring to retail participants who move funds swiftly between different categories of schemes, based on momentum, in an attempt to maximise gains.
The PSUs included in the index operate across various sectors like financial services (IRFC), construction (RVNL, IRCON), and logistics. These companies stand to benefit from the growth in the railway sector.
BlackRock's iShares A.I. Innovation and Tech Active ETF will invest in global AI and technology stocks across market capitalizations
The index has a base date of March 02, 2006 with a base value of 1000, and each stock in the index is equally weighted. Stocks that are part of the Nifty 50 index at the time of review are eligible for inclusion in the index.
While financial savings account for 46% of gross household savings, only 6% is allocated to mutual funds, underscoring the significant growth potential in the mutual fund industry
Bitcoin has shown little movement in recent months. After a strong start to the year, it has remained stagnant. Since July, the cryptocurrency fluctuated between $56,000 and $63,000.
Hong Kong's CSOP Asset Management said it will launch the CSOP Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange on Tuesday morning
While defensive-minded investors can get elevated risk-free payouts on Treasury bills, Aguirre said that these products would comfortably exceed those kind of returns in the event equities stage a fresh leg up
Mirae Asset Nifty EV and New Age Automotive ETF was launched on June 24. This ETF aims to capitalise not just from electric vehicles but also future disruptions like hydrogen fuel cell and autonomous vehicles.
The SEC approved applications from Nasdaq, CBOE and NYSE last month to list ETFs tied to the price of ether, potentially paving the way for the products to begin trading later this year.
On Tuesday, Ethereum was poised for its largest two-day surge in almost two years, driven by speculation over the outcome of U.S. spot exchange-traded fund applications for the world's second-largest cryptocurrency. Ether increased by over 8% to nearly $3,780, following a nearly 14% jump on Monday. Bitcoin also saw gains, now just 4% below its March peak of over $73,800.
These bonds, which have been placed under a Fully Accessible Route (FAR) and have no foreign investment limits, will be included in JPMorgan's emerging market debt index starting June and have been drawing interest from foreign money managers.
The upper limit available to MFs to invest in overseas securities is $7billion. However, there is a separate limit to invest in overseas ETFs, which is $1 billion. The ETF limit is now close to being breached
The spin-off is part of a bid to offer investors lower-fee exposure to bitcoin, according to a person familiar with the matter.
Leveraged futures-based exchange-traded funds such as VolatilityShares’ 2x Bitcoin Strategy ETF (BITX) are seeing flows rivaling spot Bitcoin ETFs.
Investors have taken time to warm up to these ETFs, which just about five years old and aim to bridge the gap between active and passive funds. But a slew of launches in the past few years have fund houses, advisors and mutual funds swooning over the sheer variety of options