 "exchange-traded funds, etfs, mutual funds, MFs, assets under management, AUM, INVESTORS, investment")
Domestic investors have taken a liking to exchange traded funds (ETFs) — low-cost investment vehicles that mimic the returns of an index such as the Nifty 50 or Sensex.
The assets under management (AUM) of ETFs rose Rs 1.1 trillion, or 39 per cent, during the first nine months of 2021-22 (FY22) to Rs 4.02 trillion, data provided by NSE Indices showed. Folios of ETF investors grew by 2.6 million, or 62 per cent, during the nine-month period.
The assets under management (AUM) of ETFs rose Rs 1.1 trillion, or 39 per cent, during the first nine months of 2021-22 (FY22) to Rs 4.02 trillion, data provided by NSE Indices showed. Folios of ETF investors grew by 2.6 million, or 62 per cent, during the nine-month period.
Fund houses launched 19 new ETFs between April and December 2021. Net inflows into these ETFs stood at Rs 59,143 crore. Currently,
