The investment limit in ETFs has been recommended to be raised from 10 per cent to 15 per cent by the Central Board of Trustees, Employees Provident Fund in its 218th meeting held on 27 May 2017. Accordingly, the estimated investment in ETF for the current Financial Year is approximately Rs. 22,500 crore.
The details of investment in Exchange Traded Funds (ETFs) during 2015-16 & 2016-17 are as under:
2015-16 (Fig. in Rs. Crore)
SBI Nifty 50 ETF
4,922
SBI Sensex ETF
1,655
More From This Section
Total
6,577
2016-17(Fig in Rs. Crore)
SBI Nifty 50 ETF
7,912
SBI Sensex ETF
2,691
UTI Nifty 50 ETF
1,911
UTI Sensex ETF
662
CPSE ETF
1,808
Total
14,984
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
