fund house: Edelweiss gold and silver ETF FoF NAV falls 7%

The value of Edelweiss Mutual Fund’s Gold and Silver Exchange Traded Fund (ETF) Fund of Fund (FoF) unexpectedly plunged 6.93% on Thursday. The fund house said the drop in the Net Asset Value (NAV) of scheme, which invests 50% of its corpus each in Gold and Silver ETFs, following an erroneous trade in the Gold … Read more