The exchange traded funds (ETF) market is expected to grow on the back of continued thrust from government and the rising acceptance of such products as an investment vehicle by the retail segment, says a report.
The ETF market corpus stood at Rs77,897 crore as of December 2017, clocking an average growth of about 40% since 2012.
“The current exponential growth in the ETF market can be attributed to the growing acceptance of passive investing by the market participants, which is evident from the overwhelming response to the disinvestment initiatives government,” according to a Reliance Securities report.
