New Delhi, June 23 (IANS) An average digital investor in India holds nearly Rs 10 lakh in his portfolio and adds about Rs 3 lakh annually, yet almost 80 per cent of investable digital wealth remains concentrated in SIPs, direct equities and lump‑sum mutual funds, a report said on Tuesday.The report from consulting firm Redseer said SIPs account for 37 per cent of holdings and direct equities 32 per cent, signalling that product exploration has not kept pace with asset accumulation.The report s…
Latest ETFs News & Updates
New Delhi, June 22 (IANS) As Morgan Stanley Capital International (MSCI) is expected to announce its rejigged MSCI India Standard Index on August 12, the review will result in passive inflows into Indian equities at an estimated Rs 30,214 crore, a new report has said.Laurus Labs and Biocon are emerging as the strongest contenders for inclusion in the new index, which is expected to take effect from August 31, the report from JM Financial said.The brokerage has assigned a high probability of Laur…
New Delhi, June 19 (IANS) The Securities and Exchange Board of India (SEBI) on Friday announced a revised trading framework for gold and silver exchange‑traded funds effective September 1, to tighten price discovery, boost transparency and investor protection.The new framework aims to ensure that ETF prices stay closer to the value of the assets they track and better align domestic commodity ETF pricing with global markets, the regulator said.Under the new rules, commodity ETFs such as gold an…
New Delhi, June 6 (IANS) Bitcoin fell below $60,000 for the first time since October 2024, extending a broad reversal that has seen the largest cryptocurrency lose more than half its value from an October peak above $126,000.The cryptocurrency slid as much as 7 per cent to $59,101, and was trading at $59,743.21 apiece early on Saturday.Bitcoin is suffering from liquidity shifts especially by institutional investors and capital rotation into sectors drawing fresh investor attention such as artifi…
Mumbai, June 4 (IANS) BSE Index Services, a wholly owned subsidiary of BSE, on Thursday announced the launch of a new benchmark index — the BSE India 5-Year Sovereign Bond Index — aimed at tracking the performance of India’s benchmark five-year government securities.The newly launched benchmark has a base value of 100 and a first value date of April 27, 2018. It will be reconstituted on a monthly basis, according to the company.The launch is expected to expand passive investment opportunitie…
Seoul, May 24 (IANS) South Korea’s financial authorities are moving to allow foreign investors to trade domestic exchange-traded funds (ETFs) directly, a measure that could help draw more overseas money into Korean assets amid a record-setting rally in the benchmark KOSPI, sources said on Sunday.The KOSPI has been among the world’s best-performing stock indexes this year, rising 82 percent from 4,309.63 on the first trading day of the year to close at 7,847.71 on Friday, driven largely by strong…
New Delhi, April 25 (IANS) India recorded a net inflow of $106 million in the latest week, which is the first positive weekly flow in seven weeks, a report has said.According to a report by Elara Capital, the inflow came after cumulative outflows of nearly $5 billion over the previous six weeks, indicating a gradual easing of selling pressure from India-focussed funds.Moreover, weekly outflows from such funds declined sharply from a peak of $1.2 billion to about $180 million, it said.Meanwhile, …
Mumbai, April 17 (IANS) As India approaches Akshaya Tritiya — traditionally seen as an auspicious occasion for buying gold — investors are weighing their options as the yellow metal navigates global uncertainty, with prices rising nearly 10 per cent so far in 2026, a report has said.According to a report by Motilal Oswal Financial Services Ltd (MOFSL), despite the festive tailwinds, gold’s journey this year has remained volatile, marked by sharp swings amid a complex global backdrop and rema…
New Delhi, March 5 (IANS) Escalating conflict in the Middle East could only cause minimal rupee depreciation and disruption in growth while defence stocks and precious metals could rally, a report said on Thursday.The report from asset management firm Shriram Wealth said a 10 per cent rise from RBI’s baseline assumption of crude oil price could lift inflation by 30 bps but weaken the rupee and growth minimally.The same could cut growth by 15 bps, while a 5 per cent rupee depreciation could raise…
Seoul, Feb 16 (IANS) South Korea’s smaller KOSDAQ was the second-best-performing stock index in the world over the past month, only after the country’s benchmark KOSPI, amid government measures to boost the secondary market, data showed on Monday.The KOSDAQ rose 16.45 per cent from 949.81 points on January 13 to 1,106.08 points on Friday, according to the data from Yonhap Infomax, the financial arm of Yonhap News Agency.Trailing behind the KOSDAQ were SET and ISE-100 — benchmark indexes of Thai…