Exchange traded fund Current Affairs, GK & News
SEBI Increases Foreign Investment Limit for MFs
Securities and Exchange Board of India (SEBI) has increased overseas investment limit for local mutual funds. Highlights With this, mutual funds can make overseas investments to a maximum of US $ 1 billion per Mutual Fund out of overall industry limit of US $ 7 billion. While in overseas Exchange Traded Fund, mutual funds can ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Exchange traded fund • Mutual Funds • Mutual funds in India • Securities and Exchange Board of India (SEBI)
World Gold Council report: RBI ranks 6th in buying gold abroad
The World Gold Council (WGC) recently released its report, “World Gold Outlook 2020”. The report says that gold has performed the best since 2010 in 2019. In 2019, the gold trade in USD has increased by 18.4% as compared to 2010. Highlights: India According to the WGC, RBI (Reserve Bank of India) currently holds 625.2 ..
Month: Current Affairs - January, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Exchange traded fund • Gold • Gold Reserves • world gold council • World Gold Council Report
Edelweiss Asset Management Company launches First Corporate Bond ETF of India
The Edelweiss Asset Management Company has launched the First Corporate Bond Exchange Traded Fund(ETF) of India and it is also the largest New Fund Offer (NFO) ever opened for subscription in the country. Edelweiss Asset Management Company is a subsidiary of Edelweiss Capital Limited (ECL). India’s Corporate Bond ETF (Exchange Traded Fund) is called the ..
Category: Economy & Banking Current Affairs - 2022
Topics: Bharat bond ETF • Edelweiss • Exchange traded fund • first corporate bond • Government of India • Investment • Public Sector Undertaking
Cabinet approves Bharat Bond Exchange Traded Fund
On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs 1000. Highlights The BBETF at its initial stages will hold basket of bonds that are ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Bonds • cabinet approval • Exchange traded fund • Investment • Public Sector Undertakings
First Corporate Bond ETF of India gets Cabinet Approval
The Cabinet Committee on Economic Affairs under, chaired by the Prime Minister, Narendra Modi on Wednesday, 4 December 2019 has given its approval for the creation and launch of the first corporate bond exchange-traded fund(ETF) of India, named ‘Bharat Bond Exchange Traded Fund’. Bharat Bond ETF is will work on creating an additional source of ..
Category: Economy & Banking Current Affairs - 2022
Topics: Bharat bond ETF • Cabinet committee • Central Public Financial Institutions (CPFIs) • Central Public Sector Enterprises (CPSEs) • Central Public Sector Undertakings (CPFIs) • Economic Affairs • Exchange traded fund • first corporate bond • Narendra Modi
Government to launch first fixed income ETF of bluechip PSUs
Union Government will launch India’s first fixed income Exchange Traded Fund (ETF) comprising debt securities of large central public sector enterprises (PSUs) by mid-December 2019. It will comprise only AAA-rated papers of the PSU companies. It is expected to have a size of Rs 15,000 crore to Rs 20,000 crore. It is expected to improve ..
Month: Current Affairs - November, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Bluechip PSUs • Business • DIPAM • Disinvestment • Economy • Edelweiss Asset Management • Exchange traded fund • First fixed income ETF