Today news
About the same in other media
Exchange Traded Funds: Investing in ETFs? Nithin Kamath's Zerodha shares five things investors should know about
Reading now: 297
NIFTY 50 ETF will be taxed like an equity mutual fund, a 10-year G-Sec ETF will be taxed as a debt mutual fund. Capital gains from a net asset value (NAV) rise are regarded as long-term capital gains (LTCGs) in case the equity ETFs are held for more than 12 months.
Unlike mutual funds, ETFs can be bought and sold only through the stock exchanges. A Demat account is a must to trade in ETFs.
Since they are passively managed, ETFs are cheaper and have a much lower expense ratio compared to actively-managed mutual funds. Broking firm Zerodha has received final approval from capital markets regulator Sebi to set up an asset management company, its founder and CEO Nithin Kamath said on Friday.
Read more on livemint.comAbout this in other media
World's first electric flex fuel vehicle to launch today. Here are 5 things you should know livemint.com /1 year ago
Zerodha's Nithin Kamath shares insight on India's low female labour force participation rate livemint.com /1 year ago
SME IPO: Mono Pharmacare issue to open on Monday. 10 things to know about the offer economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
