Sebi has issued a circular exempting the applicability of closing day NAV on transactions in the ETF units by the large investors directly with AMCs.
Money9 Helpline hosted Anand Rathi Private Wealth Management’s deputy CEO, Feroze Azeez, to resolve queries on active funds and passive funds.
ETF investing remains more popular among matured investors, but younger investors are also evincing interest
Flipkart co-founder Sachin Bansal owned Navi Mutual Fund raised Rs 100 crore through NFO from 17,000 investors for its Navi Nifty 50 Index Fund
Contingency fund was a top financial goal for more than half (54%) of the respondents
The boom in passive investment was seen as a major asset class creation
We should see more small investors take to ETF and passive investing in certain categories such as large-cap equities where active funds are lagging
The core portfolio provides stability and potential for long-term growth. Whereas the satellite portfolio provides an additional risk-adjusted return
Data shows while index funds are very popular in the largecap category, sectoral passive products are mostly launched in ETF form
ETFs have their own inherent merits for investors that other categories of mutual funds do not offer.