Nifty 50 ETFs AUM crosses Rs 10,000-cr mark in India - News Summed Up

Nifty 50 ETFs AUM crosses Rs 10,000-cr mark in India


Taiwan Stock Exchange is one of the latest exchanges to offer ETFs on Nifty 50.Among the popular ETFs traded on the NSE platform are Nifty 50, Nifty Bank, Nifty CPSE, Nifty 100. Currently there are 13 ETFs on Nifty 50 index listed in India. A total of 33 out of 43 equity ETFs traded in India are benchmarked to Nifty family of indices. "India specific products tracking Nifty indices are very popular among the global investors. We are pleased to see a surge in investors' interests in ETF products," NSE Managing Director and CEO Chitra Ramkrishna said.NSE has conducted around 950 awareness programs this year to engage investors for larger participation from the retail segment in ETF products.


Source: Economic Times July 21, 2016 10:41 UTC



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