Edelweiss PSU debt ETF to use a target maturity structure

Updates The cabinet has approved the launch of the Bharat Bond ETFUnit size: Rs 1000 for the ETF. NAV of the FOF will be Rs. 10 during the NFO period but Edelweiss has yet announce the minimums. Expense ratio: 0.0005 percent NFO Date: 12th December to 20th December The NFO of the Bharat Bond ETF… Continue reading Edelweiss PSU debt ETF to use a target maturity structure

Update: Indian mutual fund platforms are in trouble

Last month I wrote a post on the brewing trouble with Indian mutual fund platforms after the FundsIndia debacle. The post surprisingly evoked some strong sentiments. I had said that there would be a shakeout among the mutual fund platforms and looks like it has begun.