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11 new Passive Funds tracking Nifty Indices launched in Japan and Korea in FY 2024-25

MFNewsApril 9, 20250 Comments

#NiftyIndicesJapanKorea

Mumbai: In FY 2024-25, a total of eleven new passive funds (Exchange Traded Funds and Index Funds) tracking Nifty Indices were launched in Japan and Korea. Of these, 9 funds track the Nifty 50 Index, while one tracks the Nifty India Corporate Group Index – Tata Group 25% and another tracks the Nifty Midcap 50 Index.

Sl. No.	Issuer Name	Country	Index Name
1	Amundi Asset Management	Japan	Nifty 50
2	Asset Management One	Japan	Nifty 50
3	Asset Management One	Japan	Nifty Midcap 50
4	au Asset Management Corporation	Japan	Nifty 50
5	Daiwa Asset Management Co. Ltd.	Japan	Nifty 50
6	iShares Blackrock	Japan	Nifty 50
7	KB Asset Management	South Korea	Nifty 50
8	Nikko Asset Management Co. Ltd.	Japan	Nifty 50
9	Rakuten Investment Management, Inc.	Japan	Nifty 50
10	Samsung Asset Management Co Ltd.	South Korea	Nifty India Corporate Group Index – Tata Group 25%
11	Shinhan Asset Management	South Korea	Nifty 50

Presently, there are 33 passive funds tracking Nifty Indices outside India with a total AUM of USD 4.3 billion. These products have been launched by large global asset managers.

As of the end of February 2025, the total AUM of passive funds (Equity & Debt) in India is Rs 9.8 Lakh Crores of which 73% is tracking Nifty Indices. There are 391 passive funds tracking various Nifty Indices in India with a total AUM of Rs 7.1 Lakh Crores.

Shri Aniruddha Chatterjee, MD, NSE Indices Limited, said: “There is a growing demand from global asset managers for India-focused passive investment products. FY 2024-25 has been a landmark year for NSE Indices with the successful launch of eleven passive products based on Nifty indices outside of India. We anticipate this trend to continue with numerous India-focused passive products set to be introduced globally in the current financial year. We remain committed to collaborating with our clients to develop and launch innovative India-focused indices for these products.”

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By MFNews