July 10, 2015
Press Release No. 1
From Less Than a Crore A
Day, ETF Volume Surges To Around Rs70 Crores In 10 Years
Mumbai: Equity-based exchange-traded funds (ETFs)
have seen a huge surge in volume in the last decade, indicating an ever growing
investor interest in capital markets, especially among retail investors. From less than a crore a day, the daily
average value in ETF has surged to around Rs70 crores in 10 years on the
National Stock Exchange. During the period, ETF based on Nifty has given around
15% return. Some of the other ETF like CPSE ETF value has doubled in less than
a year.
An ETF is a marketable security that tracks an index,
a commodity, bonds, or a basket of assets like an index fund. Unlike mutual
funds, an ETF trades like a common stock on a stock exchange. ETFs can be
bought with an miniscule investment of less than Rs
100 and are a highly retail investor friendly instrument. ETFs experience price
changes throughout the day as they are bought and sold. ETFs typically have
higher daily liquidity and lower fees than mutual fund units, making them an
attractive alternative for individual investors.
“ETF is a wonderful product for retail investors in
particular. Over the years, ETF s based on NIFTY and others have given
investors a good return. Globally people look forward to such products and
currently NSE offers 42 ETFs,” says Mr Ravi Varanasi,
Chief, Business Development, National Stock Exchange.
Some of the popular ETFs traded on the NSE platform are NSE Nifty, NSE Gold
ETF, Bank Nifty, CPSE ETF and NSE GSEC 10 among others.
In Equity ETF, for instance, the Retail and HNI
portion of the AUM has increased by 50% from an AUM of Rs 1102 crores in March
2014 to an AUM of Rs 1656 Crores in March 2015 on the NSE platform. Equity ETFs have shown a jump of 2.5 times in
daily average turnover from Rs 7.8 Crores in Q3 of 14-15 as compared to Rs
19.75 Crores in Q4 of 14-15. NSE’s IISL has launched a lot of new ETF in the
current quarter already like Reliance MF has recently launched an ETF on NV20
(NV 20 is a strategy index comprising 20 value stocks from Nifty 50) and a lot
of ETFs are in the pipeline with some of the existing AMCs applying for ETFs on
different Indices.
For more details, contact:
Arindam Saha
Head - Corporate Communications
+91 – 022 – 2659 8164
Press Release No. 2
News about Essar Ports Limited
The media had reports that "Essar Ports may sell
stake APM Maersk of 49% for $ 1.5 bn”.
The Exchange, in order to verify the accuracy or
otherwise of the information reported in the media and to inform the market
place so that the interest of the investors is safeguarded, had written to the
company.
Essar Ports Limited has vide its letter
inter-alia stated that "as on date there is no event, information or
development in the Company which is required to be intimated as per clause 36
of the listing agreement."
Press Release No. 3
Clarification
by Jubilant Life Sciences Limited
Significant volume movement
has been observed in Jubilant Life Sciences Limited
The Exchange, in order to
ensure that investors have latest relevant information about the company and to
inform the market place so that the interest of the investors is safeguarded,
had written to the company.
Jubilant Life Sciences
Limited has vide its letter inter-alia stated, "that we do not have any
information under clause 36 of the Listing Agreement or otherwise to
disclose/share with the stock exchanges."
Press Release No. 4
Expulsion of Trading Member
The
National Stock Exchange of India Limited has expelled the trading member M/s. CLICK2TRADE
CAPITAL LIMITED (SEBI registration no. INB230771235 / INF230771235) with effect from July 10, 2015 in terms of Rules 1 and 2 of
Chapter IV of the Rules of the Exchange.