Due to a significant increase in silver prices and increased volatility, India’s silver exchange-traded funds (ETFs) saw their first net outflow in 27 months in February. Silver ETFs experienced a net outflow of Rs 826.3 crore during the month due to gross inflows of Rs 4628 crore and redemptions of Rs 5455 crore. Compared to…
According to the most recent data released by AMFI on May 9, monthly inflows into mutual funds via the Systematic Investment Plan (SIP) method increased 2.72 percent to reach a new all-time high of Rs 26,632 crore in April. In March, the monthly SIP inflows were Rs 25,926 crore. Venkat Chalasani, the head of the…
The markets appear to have agreed that the monetary policy decision is mostly hawkish after RBI Governor Shaktikanta Das asked the media, markets, and “informed circle” to estimate whether the MPC’s meeting outcome is hawkish, dovish, or “something else” totally. Despite the fact that investors had anticipated the repo rate increase of 35 basis points…
