News From Press AUM of ETFs tracking Nifty tops ₹1-lakh cr

AUM of ETFs tracking Nifty tops ₹1-lakh cr

Source: The Hindu BusinessLine Sep 16, 2020

The assets under management of Exchange Traded Funds based on Nifty index crossed the ₹1-lakh-crore mark as the returns generated by most actively managed equity mutual funds have either turned negative or stagnated in recent times.

The AUM of 17 ETFs tracking Nifty index touched ₹101,633 crore as of August.

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