Wealthy Nivesh is a boutique Wealth Management firm founded and managed by alumni of prestigious institutions, including IIT Delhi, IIT Roorkee, and ISB.
Gold ETFs in India saw the highest inflow of ₹1,028 crore in August, according to data from Amfi. Gold ETFs are seen as a safe investment option with excellent liquidity and are easy to trade on the stock market
"Liquid ETFs have been designed with an aim of offering investors a highly liquid and cost-effective investment instrument. The diversified portfolio consists of short-term, low-risk debt securities, such as treasury bills, certificates of deposit, commercial papers, and collateralised lending and borrowing obligations with residual maturities ranging up to a maximum of 91 days. The units of this ETF are traded on stock exchanges just like individual stocks," says Chintan Haria, Head - Investment Strategy, ICICI Prudential AMC
India s asset managers are launching even more passive funds as an overcrowded market for active funds and their struggle to beat benchmark returns force a shift in the $558 billion industry..
From Jio Financial to Zerodha, Indian asset managers go "passive" marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.