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......

A big challenge to EPFO returns

There is widening gap between what the government’s premier retirement fund makes on its investments and what it offers to employees. Illustration: Dominic Xavier/Rediff.com The......

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......

Retail investors may be unable to tap govt ETF

The lack of a robust distribution network for the sale of mutual fund products in India could limit the participation of retail investors in the Rs 3,000-crore (Rs 30-billion) new fund offer of the......