Gold ETFs invest directly in physical gold, require a demat account, offer real-time liquidity, and have lower expenses. Gold ETF FoFs invest in ETF units, need no demat, allow low-ticket SIPs, carry higher expenses, and follow NAV-based pricing. Source link
The controversy over H-1B visas has spilled from Silicon Valley into Wall Street. James Fishback, CEO of Azoria Capital, has accused regulators and financial trustees of targeting his company’s flagship fund after he spoke out against corporations that replace American workers with foreign labour. Fishback alleges that his statement — vowing not to invest in … Read more
Investing in mutual funds can be one of the most effective ways to grow your wealth over time, especially if you are new to investing and seeking a simple, disciplined approach. However, the sheer number of options available can feel overwhelming for first-time investors. From equity to debt, and index to thematic funds, the choices … Read more
Global investment bank Goldman Sachs has sharply raised its year-end gold price forecast to $3,700 per troy ounce, up from its earlier estimate of $3,300, according to a report from Reuters, which cited the Wall Street giant’s latest commodity outlook. The bank attributes the bullish revision to stronger-than-expected central bank demand and mounting recession risks, … Read more
If investors want just one product to take exposure to equities as an asset class then it is the Nifty Total Market Index, says Hemen Bhatia, ED & CEO, Angel One Asset Management Company. “Nifty Total Market Index is akin to plain drinking water; if the objective is to quench thirst (i.e., beat inflation) then … Read more
Three new mutual funds will open for subscription this week, as mutual fund houses launch new funds to complete their range of offerings. Source link
If you’ve been investing in India for a while, you’re probably familiar with the most common choices: mutual funds, fixed deposits, or if you have a lot more money, Portfolio Management Services (PMS). But what if you’re stuck somewhere in between—wanting more sophisticated options than mutual funds but not quite ready to jump into the … Read more
Mumbai: BlackRock is positioning its recently launched Indian government bond exchange-traded fund (ETF) as a “one-stop shop” for foreigners to deploy money in relatively high-yielding local sovereign debt, without navigating multiple layers they would otherwise confront to trade here, said an executive. “On the bond side… the meat of the discussion is still about just … Read more
At a conference in Manhattan last week, a few hundred people gathered to hear luminaries of the cryptocurrency industry and executives from the likes of BlackRock and Fidelity discuss Bitcoin’s march into the investing mainstream this year. However, it was another token that kept coming up in the conversations: a newer cryptocurrency best known for … Read more
Mumbai: India’s capital markets regulator has ordered local mutual fund managers to stop accepting money in plans that invest in overseas exchange traded funds (ETFs) as a $1-billion cumulative sectoral limit for such investments is close to being breached. The Reserve Bank of India (RBI) regulates the fund inflows and outflows involving locally pooled investments … Read more