Reliance MF's CPSE ETF to open on Mar 14; to raise Rs 2,500-cr
The government will next week launch the third tranche of CPSE Exchange Traded Fund, managed by Reliance Mutual Fund, to garner about Rs 2,500 crore.
Mar 08, 2017, 19:53 PM IST
Shares of PSU banks, govt stake in erstwhile PSUs may form basket of second CPSE Exchange Traded Fund
The Finance Ministry is considering including shares of public sector banks and government's shareholding in erstwhile PSUs in the second CPSE Exchange Traded Fund (ETF) which it plans to launch next fiscal.
Feb 07, 2017, 16:57 PM IST
CPSE ETF oversubscribed by 2 times, gets bids worth Rs 12,000 crore
The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 12,000 crore from investors, which is twice the amount sought to be raised.
Jan 20, 2017, 20:15 PM IST
EPFO likely to raise equity investment to 10%
Retirement fund body EPFO is likely to double the proportion of its investment in exchange traded funds (ETFs) for this fiscal to 10 percent at its trustees meet on Tuesday in line with an expert panel's recommendations.
Jul 24, 2016, 17:36 PM IST
Gold slips as stocks surge, heads for first weekly decline since May
Gold prices dipped on Friday on a firmer dollar and surging Asian shares and were set for the first weekly decline since May, after falling to a two-week low in the previous session.
Jul 15, 2016, 11:59 AM IST
Trade unions against increasing EPFO investment in ETFs
Central trade unions including RSS affiliate Bharatiya Mazdoor Sangh (BMS) are up in arms against a proposal to raise proportion of EPFO's investment in Exchange Trade Funds (ETFs) this fiscal.
Jul 03, 2016, 16:38 PM IST
Gold price to zoom to Rs 33,500 levels by 2016-end: Experts
Gaining from safe haven buying post the Brexit referendum, gold prices are likely to remain firm and touch Rs 33,500 by the year-end due to factors like US elections, ongoing geopolitical tensions and volatility in currency markets, experts said.
Jun 26, 2016, 17:32 PM IST
Seven companies in race to manage EPFO's equity investments in FY17
Seven asset managers -- SBI Mutual Fund, ICICI Prudential, Reliance Capital, HDFC, LIC, UTI and Kotak Mahindra -- are in the race to manage retirement fund body EPFO's investment in stock markets in the current fiscal.
Jun 25, 2016, 20:01 PM IST
Gold falls to one-month low as dollar gains on Fed hike view
Gold dropped to its weakest in a month on Monday, pressured by a firmer dollar following hawkish comments from U.S.
Mar 28, 2016, 09:35 AM IST
Open to change norms on exchange-traded funds: SEBI chief
Pitching for more transparency and disclosures with regard to exchange-traded funds (ETFs), SEBI chief U K Sinha Monday said the markets regulator is willing to make changes to norms regulating the financial product based on inputs from market players and experts.
Oct 26, 2015, 17:49 PM IST
EPFO to invest nearly $800 million in stocks in 2015-16
India`s state pension fund plans to buy nearly $800 million in stocks this fiscal year, its commissioner said on Thursday, below expectations and signalling a cautious stance towards the first equity investments in its 64-year history.
Aug 06, 2015, 17:23 PM IST
Nifty based ETF launched at NSE to facilitate EPFO investment
India’s leading bourse National Stock Exchange of India (NSE) has taken steps for successful execution of Employee Provident Fund Organization’s (EPFO) historic steps to invest in capital market in India.
Aug 06, 2015, 16:38 PM IST
EPFO to hit stock market through ETF route on August 6
Retirement fund body EPFO will kickstart the process of investing in the stock market on August 6 with an initial corpus of around Rs 5,000 crore to be invested through ETFs in the current fiscal.
Jul 31, 2015, 13:33 PM IST
EPFO to invest around Rs 410 crore in ETFs every month
Retirement fund body EPFO has decided to invest around Rs 410 crore in exchange trade funds (ETF) every month during the current fiscal.
Jul 27, 2015, 13:52 PM IST
MF houses expect EPFO entry to boost equity ETF space
Mutual fund houses are bullish about the phased entry of the EPFO into exchange traded equity funds from this month, as they believe it will boost investors sentiment.
Jul 12, 2015, 15:53 PM IST
EPFO taps LIC to understand stock market investments
Ready to begin investing in stock markets with an exchange-traded basket of PSU stocks, Rs 6.5 lakh crore retirement fund manager EPFO has tapped state-run LIC to understand the contours of the equity investments.
Jun 07, 2015, 11:24 AM IST
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).
Apr 21, 2015, 18:05 PM IST
Gold at two-week high on weaker dollar, rate expectations
Gold firmed for the fourth straight session on Monday to its highest in more than two weeks, as the dollar extended losses and expectations rose that the Federal Reserve will hold off until at least September to raise interest rates.
Mar 23, 2015, 22:45 PM IST
CPSE ETF to hit mkts by March; may fetch Rs 5,000 crore
The Finance Ministry is planning to offer the second tranche of CPSE Exchange Traded Fund (ETF) by the end of March, which may fetch Rs 5,000 crore to the exchequer.
Feb 03, 2015, 16:22 PM IST
SBI MF to launch two more ETFs by the end of the fiscal
SBI Mutual Fund (SBI MF) Wednesday said it plans to launch two more exchange-traded funds (ETF) to ramp up its bouquet of such offerings by the end of the fiscal, for which regulatory approvals are already in place.
Nov 19, 2014, 21:14 PM IST
