Buying exchange-traded funds (ETFs) listed in Mumbai that track the movements of some key global indices could be a risky proposition at this juncture. Some of these ETFs have been trading at a premium to their net asset values (NAVs) on exchange platforms as mutual funds’ inability to generate fresh units on account of the regulatory restrictions has distorted prices.
India: Life market expected to grow by 15% in next 3-5 years
Read More