In an indication of developing financial specialist enthusiasm for trade exchanged assets (ETFs), their benefit base on National Stock Exchange's Nifty 50 bounced almost 7-fold to Rs 8,533 crore toward the end of March.
Resources Under Management (AUM) of ETFs in light of Nifty 50 list has surged to Rs 8,533 crore as on March 31, 2016 from Rs 1,251 crore toward the end of going before money related year.
In addition, absolute resources base of ETFs benchmarked to Nifty records summons 85% piece of the overall industry.
Complete AUM of value ETF industry remained at Rs 15,066 crore toward the end of last financial, (2015-16).
Read more at: http://dollaradvisory.com
Resources Under Management (AUM) of ETFs in light of Nifty 50 list has surged to Rs 8,533 crore as on March 31, 2016 from Rs 1,251 crore toward the end of going before money related year.
In addition, absolute resources base of ETFs benchmarked to Nifty records summons 85% piece of the overall industry.
Complete AUM of value ETF industry remained at Rs 15,066 crore toward the end of last financial, (2015-16).
Read more at: http://dollaradvisory.com
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