Indian capital market in 2014-15 saw a sharp jump in interest for Exchange Traded Funds.
"The assets under management in ETF's (on both NSE and BSE) in FY15' have grown from Rs 928 crore to Rs 6,282 crore till February 26, 2015, a growth of 576 per cent," a National Stock Exchange spokesperson said.
The bouyancy in the overall capital market had led to this increase in investors' interest in this segment but overall quantum size is not much compared to other securities.
The NSE said it has 42 ETFs listed on the bourse and its average daily turnover was Rs 14 crore during the last fiscal.
Of that two are debt based, while 14 are gold ETFs in NSE.
The NSE is leader in the exchange traded funds segment, the bourse claimed.
