New Passive Funds tracking Nifty Indices launched in Japan and Korea

In the calendar year 2023, seven new Passive funds (ETFs/Index Funds) tracking Nifty Indices were launched in Japan and Korea. Six products are tracking Nifty 50 and 1 product is tracking Nifty50 2x leverage index. These new products have garnered Assets under Management (AUM) of about USD 550 million. (To view the table, please visit https://www.businesswire.com/news/home/20231221213427/en/) Presently, there are 21 Passive funds tracking Nifty Indices outside India. These products have be...