Sebi Chairman Tuhin Kanta Pandey said India’s Electronic Gold Receipts (EGR) framework may need a review as it has not gained the desired traction. He urged greater investor awareness of regulated gold products, stressing that EGRs were meant to help India emerge as a global gold price discovery hub.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline