Share surge: Domestic exchange-traded funds' assets top Rs 2 trilion

Assets under management (AUM) for domestic exchange-traded funds (ETFs) have crossed the Rs 2-trillion mark. 

In the past five months of FY21, AUM have surged more than Rs 60,000 crore, or 41 per cent. 

A large portion of this was driven by the surge in share prices, while net inflows were also healthy at Rs 20,000 crore. 

 

Further, more than half a million new ETF folios were opened. Market players said the huge number of actively-managed schemes in the large-cap space have failed to outperform