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ETF space gaining traction; NSE witnesses 100th listing
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Last Updated: Jul 06, 2021, 10:02 AM IST
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Synopsis
Exchange traded funds (ETFs) are getting a lot of attention from investors, with the leading stock exchange NSE witnessing listing of 100th such instruments.
Agencies
New Delhi: Exchange traded funds (ETFs) are getting a lot of attention from investors, with the leading stock exchange NSE witnessing listing of 100th such instruments. ETFs began their journey in India way back in 2002, when the first ETF by Nippon India Mutual Fund (erstwhile Benchmark Asset Management Company Ltd) was launched in India on the Nifty 50 Index. The ETF was listed on the NSE on January 8, 2002 and the day one witnessed trading of Rs 1.30 crore, the bourse said in a statement on Monday.