Gold ETFs see Rs 274 crore outflow in Apr-Sept FY19
Tuesday, October 23, 2018, 9:46 PM
Gold exchange-traded funds (ETFs) continued to lose steam with investors pulling out Rs 274 crore from the instrument in the April-September period of the current fiscal. In comparison, 14 gold-linked ETFs had witnessed a withdrawal of Rs 388 crore in the first half of 2017-18, latest data with industry body Amfi showed.
EPFO members to get option to hike investments in ETFs by this fiscal
Wednesday, April 18, 2018, 5:35 PM
Over 5-crore subscribers of retirement fund body EPFO will get an option to increase or decrease investments of their provident fund into stocks through ETF in the current FY. The Employees' Provident Fund Organisation plans to credit ETF-investments in the PF accounts in about 3-months, thereafter it would give an option to the subscribers to hike or cut investments in ETFs from their funds.