ETFs jump 26x in 5 years, cross Rs 2 lakh crore

There has been a 26-fold rise in assets under management (AUM) of exchangetraded funds (ETFs) in a little over five years to more than Rs 2 lakh crore now. The main reasons are government support for these schemes, rising popularity among investors, and acceptance by fund houses to launch equity and debtbased ETFs with lower management costs.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35SSZeb