Kotak Mahindra Mutual Funds files for Silver ETF and FoF with SEBI
Kotak Mahindra Mutual Fund, an Asset management company has filed for 2 new schemes with the Securities and Exchange Board of India (SEBI).
ETF Fund of Fund
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Tracking error of equity ETFs/index funds not to exceed 2%: 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
India-focused offshore funds and ETFs see outflows for 16th quarter in a row
Net outflows of $1.28 billion were recorded in the India-focused offshore fund and exchange-traded fund (ETF) category in January-March.
Navi MF to launch Internet of Things ETF Fund of Fund, seeks SEBI’s approval
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.