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Mutual funds' assets under management touches record high

Last Updated: Monday, March 10, 2014, 19:24

The domestic mutual fund industry touched a new high in February, with a 1.45 percent rise in assets under management, to a record of Rs 9.16 trillion on the back of inflows into income and equity-related funds, ratings agency Crisil said Monday.

Equity funds underperform Sensex for first time since 2008

Last Updated: Friday, January 03, 2014, 14:11

India’s diversified equity mutual funds rose in 2013 but underperformed the broader markets for the first time in five years.

'Gold ETFs to face redemption pressure if price keeps falling'

Last Updated: Monday, April 15, 2013, 21:32

Amid liquidation of gold Exchange Traded Funds (ETF) in the global markets due to the ongoing fall in gold prices, fund houses on Monday said redemption pressure will certainly rise if the price fall continues.

RBI asks co-operative banks not to give loans for gold purchase

Last Updated: Friday, February 08, 2013, 21:07

The Reserve Bank on Friday directed state and central co-operative banks not to grant loans for purchase of gold in any form in order to check the significant rise in import of the precious metal in recent years.

India's gold holding through ETFs reach 40,000 kg

Last Updated: Wednesday, February 06, 2013, 17:32

The country's 14 Gold Exchange Traded Funds (ETFs) have together garnered a staggering amount of 40,000 kg of this precious bullion.

NSE to hold special session for gold ETFs trading on Nov 11

Last Updated: Saturday, November 03, 2012, 00:02

The National Stock Exchange on Friday said it will hold a special trading session for gold exchange traded funds on November 11 on the occasion of Dhanteras.

NSE, BSE to trade in gold ETFs till 8 pm on Dhanteras

Last Updated: Sunday, October 23, 2011, 11:12

On the occasion of Dhanteras, an auspicious day for buying gold, the country's two leading bourses NSE and BSE will conduct extended trading till 8 pm tomorrow in Gold Exchange Traded Funds (ETFs).

India gold ETF demand likely to explode: WGC

Last Updated: Sunday, October 16, 2011, 16:22

Demand for gold exchange traded funds (ETF) in India is likely to "explode" as investors get accustomed to "click-and-park" mode of investing, shying away from sagging stock markets and as high inflation eats into bank savings, a trade body head told media on Thursday.