Budget 2019: Tax benefit may attract retail investors to government ETFs

If one compares returns, the two public-sector ETFs have done better over the past year, but the ELSS category has done better over the trailing three and five years. Illustration: Dominic......

FinMin plans to launch ETF with bank stocks

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. Illustration: Dominic Xavier/Rediff.com The finance ministry is planning to launch an exchange......

Govt exceeds divestment target, proceeds touch Rs 85,000 cr in FY19

This is the second highest divestment proceeds in a financial year. Illustration: Uttam Ghosh/Rediff.com The government has exceeded its divestment target for the current fiscal by Rs 5,000 crore,......

ETFs catch on, daily average value on NSE up 70 times

An ETF is a marketable security that tracks an index, a commodity, bond or a basket of assets like an index fund. In a sign of growing retail interest in exchange-traded funds, daily average......