Savvy investors were seen making a dash to invest in the only two China-focused exchange-traded funds (ETFs) available in the domestic markets.
On Friday, Mirae Asset Hang Seng Tech ETF closed at ₹16.9 on the NSE, nearly 7 per cent higher than its indicative net asset value (iNAV) or the fair value of ₹15.9. Likewise, the Nippon India ETF Hang Seng BeES ended the session at a 6 per cent premium over its iNAV.
According to mutual fund (MF) officials, the premium was a result of high demand for the ETFs coupled with a lack of supply of new ETF units.
Diese Geschichte stammt aus der September 28, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der September 28, 2024-Ausgabe von Business Standard.
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