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EPFO to consider hike in ETF investments next week

EPFO to consider hike in ETF investments next week

Retirement fund body EPFO is likely to consider a proposal to increase proportion of its investments in exchange traded funds (ETFs) in its trustees' meet on July 26.

EPFO set to hike proportion of ETF investments

EPFO set to hike proportion of ETF investments

Retirement fund body EPFO will on July 7 take a decision on increasing investments in stock markets through ETFs, as they have started giving returns, Labour Minister Bandaru Dattatreya said Tuesday.

 Gold near 3-week low on Fed rate hike expectations, firmer dollar

Gold near 3-week low on Fed rate hike expectations, firmer dollar

Gold was trading near a three-week low on Thursday after minutes from a Federal Reserve policy meeting signalled the U.S. central bank could raise rates as soon as next month, boosting the dollar.

Provident fund body to invest additional Rs 750 crore in ETFs in FY16

Provident fund body to invest additional Rs 750 crore in ETFs in FY16

Retirement fund body EPFO is likely to invest Rs 5,750 crore in stock market funds in the current fiscal, as against the earlier plan of Rs 5,000 crore.

Dhanteras: BSE to extend Gold ETF trading session

Dhanteras: BSE to extend Gold ETF trading session

Leading stock exchange BSE Monday decided to extend the trading session for Gold Exchange Traded Funds on November 9 till 1900 hours on account of Dhanteras - a day considered auspicious for buying gold.

Stock investments: EPFO to watch results before hike to 15%

Retirement fund body EPFO will watch the result of its 5 per cent investment in stock markets this fiscal before taking a call on increasing the proportion, Labour Minister Bandaru Dattatreya today said.

EPFO hits equity markets: How it may affect you

The government's employee's provident fund on Thursday made its maiden investments in the country's equity markets.

Your pension money hits equity market: 5 things you want to know

Your pension money hits equity market: 5 things you want to know

This is the first time that the EPFO, in its 64-year history, has invested in the equity markets.

EPFO enters Dalal Street, plans to hike investments further

In a big boost to equity markets, fund-flush Employees Provident Fund Organisation Thursday entered Dalal Street through exchange-traded fund route with an initial corpus of Rs 5,000 crore, which could go up to nearly Rs 15,000 crore next year.

To get EPFO funds listed firms need at least Rs 5,000 cr m-cap

To get EPFO funds, listed companies would need to have a minimum market capitalisation of Rs 5,000 crore, even as the retirement fund body will invest only the exchange traded funds (ETF) in the current financial year.

Labour Min may notify new investment norms for EPFO soon

The Labour Ministry may soon notify new investment norms for EPFO allowing the retirement fund body to invest up to 5 percent of its huge corpus of Rs 6.5 lakh crore in exchange traded funds (ETF).

IRDA permits insurers to invest in equity ETFs

ETF is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange.

Mutual fund accounts drop by 15 lakh during Apr-Sept

Mutual funds have lost an estimated over 15 lakh investors, measured in terms of individual accounts or folios, in the first six months of the current fiscal, mainly due to profit booking and various merger schemes.

ICICI Prudential AMC to launch thematic ETFs going ahead

Currently, the mutual fund house has an asset under management under various ETFs of around Rs 200 crore. The total equity assets managed by the AMC is around Rs 16,000 crore.

NSE sees gold ETF trading worth Rs 691 crore

Trading in gold Exchange Traded Funds (ETFs) jumped nearly 14 percent to Rs 691 crore on the leading bourse. Last year on Akshya Tritiya, the value stood at Rs 608 crore.

Investor assets in gold ETFs near Rs 12,000 crore mark

Rising gold prices and continuing investor demand has pushed the size of assets held through gold ETFs (Exchange Traded Funds) to an all-time high of Rs 11,918 crore in the country.

SEBI allows Liquid Index ETFs trading in short selling market

Market regulator SEBI has allowed exchange traded funds (ETFs) that track indices to trade in the short selling market, as part of changes in the securities lending and borrowing framework.

SEBI revises norms for calculating ETF margins

Market regulator SEBI Wednesday revised norms for computing the margins applicable for exchange traded funds (ETFs) that track broader stock indices.

ETF market can reach $5 bn: Divestment Secy Khan

ETFs have to be grounded in equity culture and distributed through a proper channel to touch all 2 crore demat account holders, he added.

India-focused funds witness outflow of $455 mn in May

India-focused funds witnessed the outflow to the tune of USD 455 million last month amid concerns over domestic economic growth and depreciating rupee, says a report.