Increasing Interest in ETFs Related to India and Emerging Markets
This year, the Nifty 50 index, a representative index of India, has risen by 19.60%, leading to increasing interest in related Exchange Traded Funds (ETFs). Among the nine Indian ETFs listed in Korea, Mirae Asset Global Investments' 'TIGER India Nifty 50' stands out. This ETF's total net assets amount to 751.8 billion KRW, accounting for about 40% of the total net assets of all Indian ETFs listed in Korea. Additionally, Mirae Asset's 'TIGER India Nifty 50 Leverage (Synthetic)' ETF is among the top performers in terms of returns. The demand for investing in the Indian stock market is expected to continue, driven by the U.S.-China conflict and India's GDP growth outlook.
Korea Investment Management announced the publication of an investment guidebook for four emerging countries, referred to as 'VIIM' (Vietnam, India, Indonesia, Mexico). The guidebook, presented in a comic book format, introduces the investment appeal of each country. Korea Investment Management offers various ACE ETFs targeting these countries, such as ACE Vietnam VN30 ETF and ACE India Consumer Power Active ETF. President Bae Jae-gyu emphasized the growth potential of emerging markets and announced a book giveaway event until the 30th to commemorate the release of the emerging market guidebook.
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Interest in ETFs surges alongside Indian stock market boom... Mirae Asset takes top spot - Market EconomyAs the NIFTY 50 index, a representative stock index of India, has surged compared to the beginning of the year, investors' interest is increasingly drawn to related Exchange Traded Funds (ETFs). This is because, along with the growth of the Indian stock market, the returns of ETFs have also shown an upward trend. Notably, Mirae Asset's India ETF has achieved remarkable performance, maintaining its position at the top of the industry. According to the National Stock Exchange of India (NSE) on the 26th, the NIFTY 50 index increased by 19.60% (4262.25 points) from January 1st, when it was at 21,741.90, to 26,004.15 as of the closing price on the 25th (local time).
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Korea Investment Management Publishes 'Vietnam, India, Indonesia, Mexico' Investment Guidebook - Maeil Business NewspaperAn investment guidebook covering the four emerging countries known as 'VIIM' (Vietnam, India, Indonesia, Mexico) is being released. On the 27th, Korea Investment Management announced that they will publish the 'Emerging Markets Guidebook' on the 30th. The guidebook includes introductions and investment attractions of Vietnam, India, Indonesia, and Mexico. These four countries have emerged due to global conflicts between the U.S. and China.