11 new Passive Funds tracking Nifty Indices launched in Japan and Korea in FY 2024-25
Press Trust of India
NSE says 11 new passive funds tracking Nifty Indices launched in Japan, Korea in 2024-25
A total of eleven new passive funds such as Exchange Traded Funds and Index Funds, which track Nifty Indices, were launched in Japan and Korea during FY 2024-25, the National Stock Exchange of India (NSE) said on Tuesday.
Of these, 9 funds track the Nifty 50 index, while one tracks the Nifty India Corporate Group Index, Tata Group 25 per cent, and another tracks the Nifty Midcap 50 Index.
At present, there are 33 passive funds tracking Nifty Indices outside India with total assets under management (AUM) of USD 4.3 billion. These products have been launched by large global asset managers.
Updated on: 13/05/2025
