Axis Mutual Fund Launches Open-Ended ETF

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Axis Mutual Fund has launched an open-ended exchange traded fund (ETF) called Axis S&P BSE Sensex ETF, which aims to track the S&P BSE Sensex TRI index. The ETF will maintain domestic ETF exposure greater than 95% of net assets at all times, and investors can choose to invest through various systematic options like SIPs, STP’s, and lump sum investments. According to Chandresh Nigam, MD & CEO of Axis AMC, the ETF will create a low friction investment strategy that relies on broader market wisdom and the company’s principle of ‘quality & growth’ philosophy to yield wealth creation opportunities for investors.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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