The fund house, backed by Union Bank of India and Dai-ichi Life Holdings, said that the early signs of rural consumption and the festive season are positive
'Easier concentration norms, higher leverage, and approval for securities currently outside MF scope'
While gold, silver, and international exchange-traded funds (ETFs) will qualify for the 12.5 per cent LTCG taxation in 12 months as they are listed on exchanges
Capital markets regulator Sebi's proposal for introducing a new asset class for high-risk profile investors can help them gain access to a newer set of strategies including long-short equity fund and inverse Exchange-traded Fund (ETF). The new asset class is aimed at bridging the gap between mutual funds and Portfolio Management Services (PMS) in terms of flexibility in portfolio construction. The Sebi's consultation paper floated on Tuesday on 'new asset class' and creating a structure for differentiated, higher risk strategies looks very promising, Radhika Gupta, MD and CEO of Edelweiss Mutual Fund said. "India is finally opening up to different investment products, styles and approaches. Passive, factor, inverse ETFs, alts and more. There is no single way to invest," she added. In its consultation paper, the regulator said the new asset class will provide a regulated product with features like SIP (Systematic Investment Plan), higher risk-taking capability, and a higher ticket .
Silver investors must take note of its industrial use
The RBI move goes against the trend of allowing more flexibility and therefore, retrograde
Volumes up 3x post Covid; 2/3rd participation by prop traders
Das reiterated that there have been no changes to RBI's policy, emphasising that the necessity of underlying exposure has always been a fundamental aspect
"In view of feedback received and recent developments, it has been decided that these directions will now come into effect from Friday, May 03, 2024," RBI said
Over two-thirds of active largecap schemes outperform Nifty 100 TRI
Switching between cash and equity and back becomes seamless
Our top stories this week explain National Pension System's performance and how tableware makes eating elegant
Set to surpass previous year value of Rs 1.2 trillion
New entrants should invest systematically with at least a three-year horizon
According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000
Evolved investors should use the option only as part of diversification of funds
Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said
Potential investors should be mindful of regulatory overhang and high volatility
S&P India Shariah Liquid 35/20 Capped Index has rallied nearly 20 per cent in the past one year in AED terms
That was significantly higher than the $2 billion in net inflows by Oct in 2014, the year net buys into India-linked ETFs peaked