SEBI launches India’s first website for passive funds on NSE, publishes capital markets report

Mumbai, July 30 The Securities and Exchange Board of India (SEBI) on Tuesday launched India’s first website for passive funds on the National Stock Exchange (NSE), along with the release of a comprehensive report on Indian capital markets.

The website provides a comprehensive platform for retail investors, giving them easy access to information and insights into the Indian passive fund industry.

It provides in-depth information on aggregated sector data, fund specific data and screeners for selecting funds based on various parameters like underlying index, AUM, tracking error, tracking difference, trading volume, TER, fund comparison, etc.

Meanwhile, the report on Indian capital markets covers key reforms, major milestones and technological innovations in Indian capital markets, driven by the regulator, Market Infrastructure Institutions (MIIs) and market participants, along with their impact on investors in the country, said SEBI Chairman Madhabi Puri Buch.

The report takes a closer look at recent technological innovations and reforms, several of which are globally novel, the findings of a survey of retail investors across 12 cities in India, and a nuanced analysis of the benefits for investors.

“The transformation and growth of our capital markets is due to a shared vision to create a resilient, progressive and technology-driven ecosystem that provides access, information and control to the Indian investor community, while providing protections,” she said.

Buch said it is critical that all MIIs and market intermediaries foster a culture of innovation, collaboration, feedback for regulatory assessment and rapid response to emerging risks.

According to Ashish Kumar Chauhan, MD and CEO, NSE, the report offers a comprehensive analysis of the development of Indian capital markets over the years, driven by active participation of the retail sector, sustained and high inflows from domestic institutional investors and strong performance of listed companies.

“The MIIs and several other market participants have adopted and implemented SEBI’s initiatives with speed and technological agility to make this transformation successful. We would like to thank our regulator, investors, MIIs and all stakeholders for their participation and cooperation in this journey,” he added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor.