ETFs are passive investing vehicles that track an index or basket of securities
As with the first ETF, the second one will also be a new fund offer
AUM of ETFs tracking Nifty indices accounts for 85 per cent of the total equity ETF AUM
Market players say this will make the ETF more attractive as the exposure would get diversified
With the ETF giving exceptional returns in the past year, buy more in a staggered manner
Doubles assets to $4 billion from $1.9 billion in three years
SBI Fund Management had crossed Rs 20,000-crore mark of ETF assets under management
ETFs are group of securities that are traded like individual stocks on an exchange
Start small, and if the idea generates returns, one can step up investment later
Those with investment horizon of 3 years may wait for turnaround, while those looking to cut losses should move to a diversified equity fund