Of the four available funds that give exposure to China, a couple are exchange traded funds (ETFs) that trade at a premium of 8-16% of their net asset value (NAV). Buying mutual fund units at a premium will eat into their returns when the excitement in Chinese equities dries down and the exchange price and net asset value converge.
Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7
Shares of Swiggy experienced a decline following MSCI’s decision to exclude the company from global indexes, prompted by its shift to full Indian ownership and