Exchange traded funds or ETFs were launched in India towards the end of 2001. It was infact the government’s efforts that gave ETFs a fresh lease of life, firstly with it’s recognition as an asset class in 2013, then the government’s disinvestment initiative in 2014 through ETFs and most importantly, the Employee Provident Fund Organisation’s decision to invest 5% of incremental monthly inflows into ETFs. Source: ET Money
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