Exchange-traded funds, popularly known as ETFs, have become very popular in India over the past few years. Globally, since the launch of the first ever ETF in 1993, it has been one of the fastest growing segments in financial services industry and today global ETF AUM is higher than the GDP of most countries.
Nate Most, the head of product development at American Stock Exchange, who first proposed the ‘ETF idea’ would have never imagined that a couple of decades later ETFs would become ..
