Investors are flocking to international mutual funds for higher returns. However, many overseas ETFs are trading at a 20-25% premium to their actual value. This is due to Reserve Bank of India’s investment limits for mutual funds. Investors buying these ETFs on exchanges face a risk of significant capital loss if the RBI lifts these restrictions.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking