Globally, fixed-income exchange-traded funds (ETFs) are a trillion-dollar asset class and an essential part of retail investors’ portfolios. And, importantly so. Robust bond markets are integral for stimulating resource mobilization and allocation to critical economic activities. However, retail participation is low in India’s bond market due to opacity around pricing, wide bid-offer spread and general inaccessibility.
Nine big financial changes that you must watch out for in October
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