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......
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......
Power Grid Corporation has been kept out of the proposed CPSE Exchange Traded Fund, which will now consist of 10 companies, including ONGC, Coal India, GAIL and Indian Oil. The Finance Ministry has......
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......
The much-awaited disinvestment exchange-traded fund, which is expected to help the government raise about Rs 3,000 crore (Rs 30 billion), will open for subscription next week, three people with......