ETF Financial News

Subscribe to enjoy similar stories. The basic job of a mutual fund is to take investors’ dollars and turn them into more dollars. The funds that have proved most successful have key things in common—they are large, low cost, and diversified—finds a Morningstar study.

Subscribe to enjoy similar stories. U.S. stocks have sold off this year on concerns about a burgeoning trade war and an accompanying economic slowdown.

Fidelity Investments and Charles Schwab are prohibiting clients from investing in money-market ETFs on their trading platforms, an unusual move for the financial powerhouses who typically permit easy access to funds that already trade on an exchange. The two firms are blocking purchases of three exchange-traded funds offered by BlackRock and Texas Capital, the first to track money-market securities such as Treasury bills and other government-backed debt in an ETF structure. The new funds serve as a direct challenge to mutual-fund providers, who have long been big, established players in money-market products. Fidelity and Schwab alone manage trillions of dollars in money-market assets, and this month, Schwab filed plans to launch its own government money-market ETF.

Spot gold closed with a loss of around 0.68% at $3023 on March 21, as the US Dollar Index firmed up. Profit booking and tentative selling sent the metal lower. However, with a weekly gain of around 1.5%, it was up for the third straight week. Earlier in the week, gold rose to a fresh record high of $3057 on March 20, following the FOMC monetary policy decision delivered on March 19. The Committee’s new projections showed lower growth and higher unemployment and inflation in 2025 compared to its previous estimates. Additionally, the Fed's plan to reduce the pace of quantitative tightening (QT) also boosted the metal. Spot gold traded between $2982 and $3057 in the week ending March 21.

Investors may want to get back to the basics when it comes to navigating the stock market volatility.

market disruption is upending investment blueprints everywhere in 2025, while hitting sentiment across US stocks. It’s a backdrop Wall Street’s diversification-minded pros are ready to celebrate.

On one side, several passive strategies have been seeking to add an active component, as seen with the recent rise in popularity of active ETFs, while active players eye opportunities in the passive space due to the great surge in demand, especially from the retail segment. A passive decade: Only 35% of active funds outperform tracker alternative over ten years But Philippe Setbon, CEO of Natixis Investment Managers, warned active managers on the way they approach this investment style. Speaking at the Natixis Thought Leadership Summit in Paris on Thursday (20 March), attended by I...

equity mutual funds have offered double-digit loss to SIP investors and have lost up to 34% in the current calendar year so far. There were 269 schemes in the mentioned period, of which 262 gave negative return on SIP investments. The top losers in the list were from Samco Mutual Fund. Samco Flexi Cap Fund gave a loss of around 33.56% on SIP investments in the current financial year so far. A monthly SIP of Rs 10,000 made in this fund on April 1, 2024 would have been Rs 98,306 now against an invested amount of Rs 1.20 lakh. Samco ELSS Tax Saver Fund which lost 29.12% on SIP investments in the same period.

They say, ‘Home is where the heart is’. When it comes to money, however, Devina Mehra, founder and chairperson of securities firm First Global, strongly feels that part of it should be parked outside of the home country.

On Tuesday, gold hits USD 3,005.00 per ounce in the United States (US). Gold's recent rally has been remarkable, with prices surging from USD 2,500 to USD 3,000 in just 210 days. This is a much faster increase compared to historical trends, where it has typically taken an average of 1,700 days for gold to rise in USD 500 increments. The speed of this latest price movement highlights the strong momentum gold has built over the past two years, driven by a combination of market fundamentals and investor sentiment. Market analysts caution that, despite gold's strong upward momentum, a period of consolidation is likely. Historically, gold has remained above previous USD 500 increments for an average of nine days before experiencing a brief pullback. However, in four out of five instances, gold rebounded above the same level within a few days.

Subscribe to enjoy similar stories. MUMBAI : Over the past few years, a new fund category—multi-asset funds that invest in equity, debt, gold, and international stocks—has taken root in India. With renewed interest in foreign stocks and changes in taxation introduced in the 2024 budget, multi-asset funds can be an attractive proposition.

Index Fund, a factor-based index fund designed to provide investors with access to high-quality companies exhibiting strong financial health. The new fund offer or NFO is open for subscription and will close on March 28. Also Read | FY25 mutual fund stars: 36 schemes score big, Mirae Asset Hang Seng TECH ETF shines brightest

SBI Mutual Fund launched PSU Bank-based two new passive schemes: SBI BSE PSU Bank Index Fund and SBI BSE PSU Bank ETF. The new fund offer or NFO for both schemes is open for subscription and will close on March 20. Also Read | FY25 mutual fund stars: 36 schemes score big, Mirae Asset Hang Seng TECH ETF shines brightest SBI BSE PSU Bank Index Fund is an open-ended scheme replicating/tracking the BSE PSU Bank Index, and the SBI BSE PSU Bank ETF is an open-ended exchange-traded fund replicating/tracking the BSE PSU Bank Index.

mutual funds have offered double-digit returns in the financial year ending on March 31, 2025. There were around 488 funds in the mentioned period. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF outshined in the mentioned period and offered 102.58% return in the financial year 2025 so far. Mirae Asset NYSE FANG+ETF FoF delivered 28.96% return in the mentioned period.

Subscribe to enjoy similar stories. Even as Indian stock markets go through a rough patch, Chinese equities have rebounded after lagging for around a decade. Global investors are looking to ride this rally.

In this article

Holi in March 2024. There were around 487 schemes in the mentioned period. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF outshined in the mentioned period and offered 108.89% return since the last Holi. Mirae Asset NYSE FANG+ETF FoF delivered 33.60% return in the mentioned period.

«So, we feel that this back and forth action is what is happening in the market as of now. A) there is lack of leadership. We saw metals doing well last week, again follow-up buying is not happening in this week,» says Rahul Sharma, JM Financial Services. What do you make of the market setup? It seems like the market has been gradually recovering but a lot of volatility still persists. Rahul Sharma: So, markets are into that zone where the grind is essentially the base formation that we have spoken of in the past and we feel that it could spend some more time in this broad range with 22,700, 22,800 as the very stiff resistance at the higher side and 22,000, 21,800 being a very strong support equally on the downside.

IndusInd Bank plummeted 26% on Tuesday, hitting a fresh 52-week low of Rs 720.50, as multiple brokerages downgraded the stock and slashed target prices in the wake of an accounting discrepancy in its forex derivatives portfolio. Mutual funds held around 20.08 crore shares of IndusInd Bank in their portfolios, with a total market value of Rs 19,884 crore as of February 28, 2025. Around 35 AMCs and around 360 schemes had exposure in IndusInd Bank as of February 28, 2025. Five AMCs had over Rs 1,000 crore exposure in IndusInd Bank. ICICI Prudential Mutual Fund had the highest exposure of around Rs 3,778 crore and had around 3.81 crore shares in its portfolio in February.

In a stock exchange notice today (10 March), the board of Invesco Perpetual UK Smaller Companies said an application will be made to Companies House to change the trust's name to Artemis UK Future Leaders. Invesco launches S&P 500 Equal Weight Swap ETF In addition, the registered office will now switch to 50 Bank Street, Canary Wharf, London E14 5NT, while the fund administration service provider will now be The Northern Trust Company. The board went on to reassure shareholders that their holdings will suffer no alterations as a result of the name change. «Existing share ce...

In a stock exchange notice today (10 March), the board of Invesco Perpetual UK Smaller Companies said an application will be made to Companies House to change the trust's name to Artemis UK Future Leaders. Invesco launches S&P 500 Equal Weight Swap ETF In addition, the registered office will now switch to 50 Bank Street, Canary Wharf, London E14 5NT, while the fund administration service provider will now be The Northern Trust Company. The board went on to reassure shareholders that their holdings will suffer no alterations as a result of the name change. «Existing share ce...