News From Press ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment

ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment

Source: Businessline Apr 27, 2024

The overseas-focused exchange traded funds (ETFs) on stock exchanges are trading at a premium over the indicative net asset value (iNAV) announced by mutual funds due to soaring investors amid the SEBI diktat.

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