The Government had mandated Retirement and superannuation funds to invest at least 5% of yearly accretion in Equity markets. EPFO has invested Rs 86,966 crore in exchange traded funds (ETFs) till September 2019. The Employees’ Provident Fund Organisation (EPFO) is investing in ETFs based on Nif...
This lets you easily shift your holdings from one account to another institution without any charges. 2. Repatriable A repatriable Demat account, popularly known as an NRO account, is specifically for non-resident Indians (NRIs) who want to trade in Indian shares but do not live in India...
Company XYZ launches its IPO in the market. It is looking to raise a capital investment of $2,000,000. In the issue details, the company announces the price band of each share as $80-$120. It sets a 3-day gap between the open and close date. During the dates, a total of 60,0...