Investors across that country now have another investment option where they can buy Exchange Traded Funds of Gold currently being managed by UTI Mutual Fund and Benchmark Mutual Fund in an innovative, cost-efficient and secure way.
The erstwhile DSP Merrill Lynch Mutual Fund has been renamed as DSP BlackRock Mutual Fund as a result of the global merger of ML’s AMC business with BlackRock in 2006.
The answer is immediate ‘nothing to worry’. In the recent financial turmoil in US, the names affected include Lehman Brothers, Merrill Lynch and AIG.
The Indian financial markets markets is going among the most volatile phases it has witnessed over the past many years post Lehman, Merrill Lynch crisis.
The rising gold prices have fancied investors attention and is being increasingly looked on as an part of portfolio.
SEBI has decided to make Permanent Account Number (PAN) as the sole identity for transactions in securities market irrespective of the transaction amount.