Equity volatility, liquid funds drive 2x growth in ETF volumes in FY25

ETFs tracking NSE indices recorded Rs 3.8 trillion in trades in FY25, more than double the FY24 figure, as equity swings, regulatory shifts and liquidity needs boost activity

The ₹8 trillion exchange-traded fund (ETF) space in India is making rapid gains on the volume front, as regulatory changes and equity market volatility led to a sharp spike in transactions on exchanges in 2024–25 (FY25).

 

ETFs tracking National Stock Exchange (NSE) indices saw transactions worth ₹3.8 trillion on the exchange in FY25 — a little over double the ₹1.8 trillion in trading volume recorded in 2023–24, according to an NSE report.

 

The surge in volumes followed a 43 per cent jump in investment accounts and nearly 50 ETF launches during FY25. This pushed the number of investment accounts, or