Exchange traded funds though globally very popular have not been very popular in India.Key reasons include their relative underperformance as compared to mutual funds, and unlike lack of distance unlike the US no special tax incentive for investors.General lack of width of good ETFs has also contributed to luke warm growth. With the launch of CPSE exchange and followed by CPSE ETF.There is a renewed push for investors to invest in ETFs.
What is CPSE Index
CPSE Index is