Samsung Asset Management Launches 'KODEX India Nifty Midcap 100' ETF
Samsung Asset Management has launched Korea’s first exchange-traded fund (ETF), 'KODEX India Nifty Midcap 100,' that invests in Indian mid-cap stocks on the KOSPI. This ETF tracks the Nifty Midcap 100 Index in India and focuses on mid-sized companies in key domestic growth sectors like infrastructure and consumer goods. The investment strategy is underpinned by India's structural growth, government policies aimed at boosting the domestic economy, and potential interest rate cuts.
India's economic expansion is being driven by structural changes and recent domestic stimulus policies, which are expected to propel the growth of mid-cap stocks. Additionally, Samsung Asset Management aims to enhance access to the Indian market for domestic investors, offering a chance to invest in India's growth potential. This ETF differentiates itself from existing India-focused ETFs that are large-cap focused, by offering a unique investment opportunity in mid-caps, especially as the PER burden on these stocks lessens, increasing their investment appeal.
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Samsung Asset Management Launches First Domestic 'India Mid-Cap Stock Investment ETF' - DailyanSamsung Asset Management has launched 'KODEX India Nifty Midcap 100', the first domestic Exchange Traded Fund (ETF) that directly invests in Indian mid-cap stocks. According to the Korea Exchange, 'KODEX India Nifty Midcap 100' was newly listed on the Korea Stock Exchange (KOSPI) on the 8th. This ETF tracks the 'Nifty Midcap 100 Index', a representative index of mid-cap stocks in the Indian stock market.
Samsung Asset Management, To List New KODEX India Nifty Midcap 100 ETF - meconomynews.comSamsung Asset Management announced on the 8th that it will newly list the KODEX India Nifty Midcap 100 Exchange Traded Fund (ETF). This ETF tracks the Nifty Midcap 100 Index, a representative index of mid- and small-cap stocks in the Indian stock market, and is a product that diversifies investments into 100 small and medium-sized growth companies leading the Indian domestic economy. It is characterized by focusing on key sectors of domestic growth such as infrastructure and consumer goods. The included stocks are dominant companies in the Indian healthcare sector like Max Healthcare, traditional Indian hotel firms like Indian Hotels, and operators of the Bombay Stock Exchange such as BSE.
Samsung Asset Management launches new ETF investing in Indian mid and small-cap stocks - E TodaySamsung Asset Management announced on the 8th that it will list a new ETF, 'KODEX India Nifty Midcap 100 ETF', which is Korea's first ETF that directly invests in Indian mid and small-cap stocks.