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Data shows while index funds are very popular in the largecap category, sectoral passive products are mostly launched in ETF form
The Reserve Bank had issued 12 tranches of SGB for an aggregate amount of Rs 16,049 crore (32.35 tonnes) during 2020-21.
RBI's floating rate bonds are offered by the government of India and bear a 7.15% interest rate.
ETFs have their own inherent merits for investors that other categories of mutual funds do not offer.
The floater fund will invest almost 75% of the fund in AA-rated and above corporate bonds and the rest in central government securities
Paying off taxes via credit cards seems too luring. However, experts suggest to remain highly cautious while opting for the same
The new fund offer will open from 8th July and will close on 22 July 2021
Investor base of mutual funds doubling to 2.39 crore as of 30 June 2021 from 1.19 crore at the end of March 2017
Indian and UK participants discussed matters relating to the insurance sector, including domestic updates on the impact of Covid-19.
CDSL, which began operations in 1999, crossed 2 crores active demat accounts in January 2020, 3 crore in January 2021, and 4 crores in July 2021.