11 new passive funds tracking Nifty Indices launched in Japan and Korea in FY 2024-25
April 8, 2025-In FY 2024-25, a total of 11 new passive funds (exchange traded funds and index funds) tracking Nifty Indices were launched in Japan and Korea. Of these, 9 funds track the Nifty 50 Index, while one tracks the Nifty India Corporate Group Index-Tata Group 25% and another tracks the Nifty Midcap 50 Index. |
Presently, there are around 33 passive funds tracking Nifty Indices outside India with a total AUM of USD 4.3 billion. These products have been launched by large global asset managers. |