Page 2 - Etfs

EPFO invested Rs 13,017 crore in ETFs during April-July this fiscal: Govt

Retirement fund body EPFO has invested Rs 13,017 crore in exchange traded funds (ETFs) in the April-July period of the current fiscal year, Parliament was informed on Thursday. Employees' Provident Fund Organisation (EPFO) invested Rs 53,081 crore in ETFs in 2022-23, Rs 43,568 crore in 2021-22 and Rs 32,071 crore in 2020-21, according to a written reply to the Rajya Sabha by Minister of State for Labour and Employment Rameswar Teli. The EPFO invested Rs 31,501 crore in ETFs in 2019-20 and Rs 27,974 crore in 2018-19, it said. The minister told the House that the EPFO invests funds as per the investment pattern notified by the government and does not invest directly in individual stocks, including those of any blue-chip company. "The EPFO invests in equity markets through ETFs, replicating BSE Sensex and Nifty 50 indices. From time to time, EPFO has also invested in ETFs constructed specifically for disinvestment of shareholding of the Government of India in body corporates," he ...

As a first time earner, here are your most ideal investment options

Unless you are good at building your own stock portfolio, it is advisable to invest through mutual funds or index ETFs.

Sebi tightens disclosure requirements for FPIs, reduces IPO timeline

The move will help free up capital early and encourage more investors to participate

India-focused offshore fund, ETFs record $803 mn net inflow in Q4

This, after 17 quarters of net outflows on the trot; experts attribute change in FPI stance to better valuations in Indian market, strong fundamentals

Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more

Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players

Increasing efficiency

Lower compliance will help expand the reach of passive funds

Over Rs 100-crore relief for ETFs as Yes Bank three-year lockup ends

The lock-in on 75% of shares had led fund houses to markdown holdings in ETF and index funds to 'zero', as per recommendation from valuation committee of Amfi

ESIC to invest up to 15 per cent surplus funds in equity through ETFs

The decision was taken at an ESIC meeting chaired by the Union labour minister Bhupender Yadav

ESIC approves proposal to invest surplus funds in stock market through ETFs

Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs). The decision was taken in the 189th meeting of ESIC held on Sunday at ESIC headquarters under the chairmanship of Union labour minister Bhupender Yadav, a labour ministry statement said. Due to relatively low returns on investments in various debt instruments coupled with the need to diversify investment, ESIC gave its approval for investments of surplus funds in equities restricted to ETFs. The investment will start with 5 per cent of surplus funds and will increase up to 15 per cent, based on the review of the investment after two quarters, it stated. The investment will be confined to Exchanged Traded Funds on Nifty and Sensex. It will be managed by fund managers of asset management companies (AMSs), the statement said. Equity investments will be monitored by the existing custodian, ..

Sebi permits brokers to extend margin trading facility to equity ETFs

Capital markets regulator Sebi has allowed brokers to extend the margin trading facility (MTF) to equity exchange traded funds (ETFs) and such funds can be used as collateral as well. Currently, only select stocks that come under Group 1 securities are offered the MTF facility by brokers. "Taking into account the emergence of ETFs as an investment product with various advantages such as transparency, diversification, lower cost, etc, it has been decided to allow units of equity exchange traded funds (equity ETFs)... as an eligible security for MTF as well as an eligible collateral under MTF," Sebi said in a circular. The facility is executed with borrowed funds or securities that enable investors to take exposure in the market over and above their resources. Sebi said that initial margin payable by the client to the stock broker should be in the form of cash, cash equivalent or equity ETFs. Further, the stocks or units of equity ETFs deposited as collateral with the stock broker f

Passive fund race: Bigger players steal the show over smaller counterparts

Over 95% passive AUM is with top 10 AMCs; experts say opportunities still exist in the smart beta space

A year since mkt high, 80% active largecap funds struggle to top benchmarks

The trend is completely the opposite with smallcaps, with 80% schemes surpassing their benchmarks

Top AMCs see share of less-profitable passive schemes double in 3 years

Of every Rs 100 AUM of top 10 fund houses, ETFs and index funds accounted for Rs 14 in the first quarter of FY23

Near-term outlook bleak: Enter silver with a horizon of at least 2-3 years

Industrial recovery, higher demand from new age technologies could propel a turnaround

EPFO made over Rs 67,000 crore from exchange-traded funds, shows data

Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20

ETFs accounted for a third of record FPI outflows in June, shows data

The EPFR fund-flow data primarily tracks mutual funds, ETFs, closed-end funds, variable annuity funds, and insurance-linked funds

Net inflows into gold exchange-traded funds down 34%, shows data

Investors are likely to continue to invest in gold ETFs as a means to diversify their portfolio and hold gold ETFs as a hedge against market risks

Increasing equity exposure

EPFO should first fix the basics

Sebi issues new norms for constitution, disclosure of passive funds

Exchange-traded funds group-level exposure will be capped at 25 per cent, says regulator.

Maintain 15-20% allocation to international funds despite ongoing downturn

Remember that you need to diversify away from your home country, and hedge against the rupee's depreciation