Gold has done well as a core allocation for Indians who love the yellow metal but it’s time now to also add silver with the convenience of a Silver ETF. In 2024 and looking ahead, silver can play a risk-reducing, return-enhancing role in investment portfolios, deserving a portfolio allocation. The Federal Reserve’s July 31 meeting … Read more
On February 15, 2024, just three months after its launch, Zerodha Fund House—a joint venture between India’s largest stockbroking firm Zerodha Broking and portfolio investing platform smallcase Technologies—attracted 100,000 investors and Rs 500 crore in assets under management (AUM). The fund house took just 40 more days to accomplish the next Rs 500 crore in … Read more
ICICI Prudential Mutual Fund’s ICICI Prudential S&P BSE Sensex ETF, linked to the S&P BSE Sensex index, has reached the milestone of 21 years, solidifying its position as one of the largest and most longstanding ETF offerings in the market. With an AUM of Rs 4,560.71 crore (December 31, 2023), this scheme has a tracking … Read more
The ongoing war between Israel and Hamas, which began on October 7, remained on top of market participants’ minds through the week. After falling more than 450 points in a knee-jerk reaction on Monday (October 9), the benchmark equity index BSE Sensex settled 0.43 per cent, or 287 points, higher at 66,283 for the week … Read more
“You had two large blocks of economy which were artificially slowed down and obviously we had a significant rate hike in US which also created some bit of slowdown in that segment. I think as we go forward one year, China will continue to get normalised and provide some global growth,” says Anand Shah, ICICI … Read more
As equity markets around the world unravel against a backdrop of escalating geopolitical tensions and interest rate hikes, equity investors are fazed by heightened volatility and many of the investor’s portfolios may have slipped into the red. This can be an unnerving experience for many, especially those who are new to investing. One of the … Read more
ICICI Prudential Asset Management Company is planning to raise up to Rs 2,000 crore through its maiden credit alternative investment fund (AIF) amid increasing demand for private credit. It will invest in the performing credit space with a credible promoter backing. It will aim to generate an 11-13%internal rate of return (IRR) with a four-year … Read more
Kolkata: Gold, one of the top performing asset in 2020, has fallen 20 per cent since August last, disappointing investors, though fund houses and experts said that given the monetary stimulus globally, inflation is likely to edge higher on account of higher agri and commodity prices and the yellow metal will act as a hedge … Read more