Diversification in the investment portfolio is one of the key aspects for a successful wealth creation journey. It not only means diversifying into various instruments of the same asset class but also having a multi-asset allocation strategy.
New Delhi, Jan 1: Asset management company ICICI Prudential Mutual Fund has announced the launch of country’s first silver ETF that will invest in physical silver and silver-related instruments. The new fund offer (NFO) will open for subscription on January 5 and conclude on January 19, documents showed. Further, bunch of asset management companies are queuing up their silver ETFs for launch and have file documents with markets regulator Sebi for approval in this regard. HDFC Mutual Fund, Nippon India […]
The start-up has allocated $20 million for its India expansion, and intends to spend the funds on marketing, hiring and development of its crypto-related products.