Zerodha Mutual Fund has submitted a draft document to SEBI for a new passive fund, the Zerodha Gold ETF FoF. This open-ended fund of fund scheme aims to achieve capital appreciation by investing in units of gold ETFs. It will offer both regular and growth plans, with the growth option only. The scheme will have no exit load and will be benchmarked against the domestic price of physical gold.
HDFC Bank approves IPO of HDB Financial Services with fresh equity sale of Rs 2,500 crore
HDB Financial Services IPO: The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their