Edelweiss BSE Capital Markets & Insurance ETF..!
Edelweiss MF launches ETF focusing on capital markets and insurance
Edelweiss MF has launched an ETF, which will track the BSE Capital Markets & Insurance Total Returns Index (TRI).
The BSE Capital Markets & Insurance TRI measures the performance of companies across capital markets and insurance such as broking firms, life insurance, general insurance and distributors of financial products.
Mega Forces In Favour Of India's Wealth Creation Journey
India stands at a historic inflection point, powered by three transformative mega forces reshaping its economic landscape. The world's largest population, over 1 billion working-age citizens by 2030, a digital revolution reaching 1 billion internet users, and a rapidly expanding middle income and above households projected to reach 25+ crore, are set to propel India's long-term wealth creation journey. With the listed Financial Markets space set to expand, the Edelweiss BSE Capital Markets & Insurance ETF offers you the opportunity to invest in the engines driving India's wealth creation journey: Capital Markets and Insurance.
Edelweiss BSE Capital Markets & Insurance ETF will invest in all the constituents of the BSE Capital Markets & Insurance Index in the same proportion as the index.
Large-Scale Operations Of India's Financial Markets..
Every day in India's Capital market
- > 3 Cr - Trades executed
- ~ INR 88,000 Cr -Value traded
- ~1 lakh - New demat accounts opened
- ~1,30,600 -New mutual fund folios created
Every day in India's Insurance market
- ~ INR 4,092 Cr - Total premium collected
- ~13 lakh -New policies issued
- ~ INR 2,540 Cr -Claims settled
- ~ INR 1,462 Cr -New business premium of life insurance
The minimum subscription amount during the NFO period will be Rs. 5,000 and multiples of Re. 1 afterwards.
NFO Period: 10th Dec - 24th Dec, 2024
For more details and Investing
Mr. S.Sridharan, Founder, https://www.walletwealth.co.in/
If you need any advice on investments, do call us at 9940116967.
Team Wallet Wealth,
AMFI Registered Mutual Fund Distributor
2nd Floor, No.8A, 2nd Main Road, Nanganallur,
Chennai – 600 061
Ph: 044-48612114
https://www.walletwealth.co.in/
Email id : sridharan@walletwealth.co.in
You can contact Mr.S.Sridharan for all types of investments including mutual fund investment, medical insurance, and life insurance.
Read articles written by Mr. S. Sridharan in Nanayam Vikatan, a leading personal financial management magazine.
