Stay updated with the latest news and articles about ETF.
Zerodha Fund House has announced the launch of its two new fund offers (NFOs), Zerodha Nifty 100 ETF and Zerodha Nifty Midcap 150 ETF, open-ended, passive, equity Exchange Traded Funds (ETFs). The NFOs will be open from 27th May 2024 to 7th June 2024.
Kotak Mahindra Mutual Fund, an Asset management company has filed for 2 new schemes with the Securities and Exchange Board of India (SEBI).
The Tracking difference has to be disclosed for tenures 1 year, 3 year, 5 year, 10 year and since the date of allotment of units in mutual funds
Net outflows of $1.28 billion were recorded in the India-focused offshore fund and exchange-traded fund (ETF) category in January-March.
According to the prospectus, the indicative list of overseas ETFs in which the Navi Internet of Things ETF Fund of Fund will invest comprises Global X Internet of Things ETF or similar overseas ETFs.
This was much greater than the $95 million outflows recorded for the fiscal quarter ending September 20, 2021.
The new fund offer will open on January 5, 2022, and close on 14 January 2022, and the minimum investment amount required is Rs 1,000.