The National Stock Exchange (NSE) announced recently that the asset under management (AUM) of Nifty 50 based exchange-traded funds (ETFs) has touched Rs 1 trillion. The AUM of all ETFs (equity and debt) has crossed Rs 2 trillion.
Fund managers say they have witnessed rapid increase in the number of investors in ETFs this year, which indicates high interest from retail and high net worth individuals (HNIs) in these products. Fewer choices to make: By taking exposure to an ETF, investors can circumvent the risk of investing in the wrong sectors and stocks. When the market fell towards ...
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