Some very interesting info... SBI NIFTY ETF has an AUM of a stupendous 100,000 crores. In comparison, HDFC, ICICI and Kotak Nifty ETF funds have a total AUM under 3000 crores. So how did SBI NiFTY ETF get so much money? The answer is Employees Provident Fund Organisation (EPFO) which is investing almost 2500 crores per month.
Note: this post was updated on 15 APR 2021.
No comments:
Post a Comment