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AUM of ETFs, Index Funds tracking Nifty 50 cross Rs 2 lakh cr in India


May 5, 2022
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The National Stock Market on Wednesday stated Possessions Under Management (AUM) of all the Exchange Traded Funds and Index Funds tracking Nifty 50 Index have actually crossed Rs 2 lakh crore.

Likewise, it has actually been a landmark year for the Indian ETFs market, as it had actually signed up a record fund inflows of Rs 1.28 lakh crore in 2021-22, according to a release.

Clever 50 index connected ETFs represent 40 percent share of overall AUM of ETFs and Index Funds in India.

” We are motivated by the financiers’ ongoing self-confidence showed through their financial investment in passive funds connected to the Nifty 50 and other Nifty indices … NSE will continue to actively promote ETFs to retail financiers through numerous channels,” NSE Handling Director and Ceo Vikram Limaye stated.

The very first ETF was introduced in India in December 2001 and was connected to Nifty 50. The possession base of ETFs rose from Rs 52,368 crore as on March 2017 to Rs 4.99 lakh crore as on March 2022, showing an annualised development rate of 57 percent, according to the release.

Likewise, the variety of ETFs climbed up from 84 to 228 as on March throughout the very same duration.

The release stated there are 17 ETFs and 19 index funds in India and 7 ETFs sell the worldwide markets tracking Clever 50.

” Adoption of ETFs in India is increasing on a constant basis as apparent from the a great deal of brand-new folios produced in the last number of years. Inflows into the passive funds have actually been strong in the last fiscal year and trading volumes of ETFs are likewise increasing gradually,” NSE Indices CEO Mukesh Agarwal stated.

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