The benefits of passive funds are that they are simple, transparent, and relatively low-cost. Passive funds such as ETF/Index Funds are versatile and provide exposure to broad segments and sub segments of the equity markets, commodities and fixed income thereby enabling one to easily create personalized portfolios.
International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,