Cabinet approves launch of Bharat Bond ETF
Wednesday, December 4, 2019, 6:06 PM
The Cabinet today approved the launch of the Bharat Bond Exchange Traded Fund or ETF, which would be the first corporate bond ETF in the country. ETFs invest in a basket of securities representing an index, security or commodity and are traded on the stock exchange like any security listed on the exchange.
Mutual fund SIP collection falls marginally to Rs 8,231 cr in August
Monday, September 9, 2019, 5:38 PM
Mutual fund investors continue to pour in money through SIPs. Mutual funds received Rs 8,230.76 crore via SIP in August, marginally lower than the collections last month, shows Amfi data. In July, mutual funds collected Rs 8,324 crore via SIPs. SIP AUM on the other hand has risen from Rs 2.69 lakh crore in July to Rs 2.71 lakh crore in August.