New fund launches in July: Axis, Mirae, Motilal Oswal launch new passive funds; GIFT City gets physical gold fund
Mutual fund houses and investment managers have introduced a fresh set of investment products, reflecting growing demand for passive investing and alternative asset exposure. The launches include index funds, exchange-traded funds (ETFs), a fund of fund (FoF) and a physical gold fund.
GIFT City-based Artha Bharat Investment Managers IFSC LLP has launched the Artha Bharat FinMet Physical Gold Fund,