The
investment limit in ETFs has been recommended to be raised from 10 per cent to
15 per cent by the Central Board of Trustees, Employees Provident Fund in its
218th meeting held on 27.05.2017. Accordingly the estimated
investment in ETF for the current Financial Year is approximately Rs. 22,500
crore.
The
details of investment in Exchange Traded Funds (ETFs) during 2015-16 &
2016-17 are
as under:
2015-16 (Fig. in
Rs. Crore)
|
SBI
Nifty 50 ETF
|
4,922
|
|
SBI
Sensex ETF
|
1,655
|
|
Total
|
6,577
|
2016-17(Fig in
Rs. Crore)
|
SBI
Nifty 50 ETF
|
7,912
|
|
SBI
Sensex ETF
|
2,691
|
|
UTI
Nifty 50 ETF
|
1,911
|
|
UTI
Sensex ETF
|
662
|
|
CPSE
ETF
|
1,808
|
|
Total
|
14,984
|
This information was given by Shri Bandaru Dattatreya, the Minister of State
(IC) for Labour & Employment, in a written reply to a question in Rajya
Sabha, today.
AK
*******