Exchange Traded Funds

January 2012

ETF have shown consistent growth in volumes both in terms of number of trade and turnover. Based on the underlying asset different types of ETFs have been identified. The turnover and price of each class of ETF listed on NSE is given below. % Turnover
58.65% 28.33% December 2011 ETF Based on Asset Gold Money Market Equity Market International Equity Market Total
Gold Money Market Indian Stock Market International Stock Market

Total T/O ( ` Lacs) 86575.03 41813.45 18703.32 511.53 147603.33

% 58.65% 28.33% 12.67% 0.35% 100.00%

0.35%

12.67%

ETF based on Gold NAV Dec-11 2680.22 2739.24 2618.24 2629.28 2681.88 2744.41 2698.86 2628.15 1307.41 2559.26 2701.73 2679.75 Nov-11 2839.61 2905.86 2774.33 2787.31 2841.99 2909.16 2859.40 2785.92 1386.27 2712.57 2862.93 2840.24 Avg T/O ` lacs 16.63 5.93 2829.88 147.68 116.53 11.38 12.83 545.02 11.87 233.97 7.98 182.92 Return % 1Month -5.61 -5.73 -5.63 -5.67 -5.63 -5.66 -5.61 -5.66 -5.69 -5.65 -5.63 -5.65 3Months 4.88 4.82 4.87 4.92 4.90 NA 4.85 NA 4.89 4.90 4.91 4.92

SYMBOL AXISGOLD BSLGOLDETF GOLDBEES GOLDSHARE HDFCMFGETF IDBIGOLD IPGETF KOTAKGOLD QGOLDHALF RELGOLD RELIGAREGO SBIGETS 15000 10000 5000 0 AXIS

AMC

BIRLA SUN LIFE GOLDMAN SACS UTI HDFC IDBI ICICI KOTAK QUANTUM RELIANCE RELIGARE SBI

GOLD ETF Average Turnover Rs Lacs

Among 12 Gold ETFs the top 3 gold ETF contributed 87.54% of the total trading volumes during the month. The total trading volume for the month was `86575.03 lacs and the top 3 securities were GOLDBEES, KOTAKGOLD & RELGOLD. 1

Gold ETF turnover over a period (since Mar 2007)

ETF based on Money Market Instrument (Government Securities)

2500 2000 1500 1000 500 0

LiquidBees Turnover Rs lacs

SYMBOL LIQUIDBEES

Average Daily T/O ` Lacs Dec-11 1991.12 Nov-11 1154.63

% Change in T/o 72.45

The highest turnover in LIQUIDBEES for the month of December 2011 was ` 38.73 Crs. with total traded quantity of 387274 on 30th December 2011.

Source: www.nseindia.com & www.amfinidia.com

ETF based on Equity (Index)

The top 3 equity oriented ETF Viz. NIFTYBEES, IIFLNIFTY & BANKBEES accounted for 77.51%, 10.05% & 4.65% respectively of the total trading volumes during the month.
NAV Dec-11 807.07 830.06 211.93 6.20 276.10 267.51 83.55 61.54 461.59 469.50 471.65 470.49 463.49 46.36 510.99 111.17 Nov-11 867.59 890.38 242.20 6.74 313.96 304.12 91.19 64.69 482.39 490.78 492.93 491.81 484.57 48.43 531.36 114.03 Average Daily T/O ` lacs 41.45 0.67 0.62 4.33 0.98 2.55 25.00 9.12 89.55 13.78 690.30 0.45 10.44 0.91 0.29 0.18 Return % 1Month -6.98 -6.77 -12.50 -7.98 -12.06 -12.04 -8.37 -4.86 -4.31 -4.34 -4.32 -4.33 -4.35 -4.29 -3.83 -2.50 3Months -17.53 -17.08 -18.99 -14.14 -20.10 -20.08 -16.12 -9.67 NA -7.83 -7.78 -7.81 -7.88 -7.73 -6.73 -2.52

Symbol BANKBEES RELBANK INFRABEES M100 KOTAKPSUBK PSUBNKBEES JUNIORBEES M50 IIFLNIFTY KOTAKNIFTY NIFTYBEES QNIFTY RELGRNIFTY BSLNIFTY UTISUNDER SHARIABEES

Underlying BANK NIFTY BANK NIFTY CNX INFRASTRUCTURE CNX MIDCAP CNX PSU BANK CNX PSU BANK JUNIOR NIFTY MOST50 NIFTY NIFTY NIFTY NIFTY NIFTY NIFTY NIFTY NIFTY SHARIAH

Source: www.nseindia.com & www.amfinidia.com

ETF based on International Index

The highest turnover in HNGSNGBEES for the month was ` 284.38 lacs, on 1st December 2011 whereas the highest turnover in N100 for the month was ` 9.96 lacs, on 21st December 2011.
Symbol HNGSNGBEES N100 AMC Goldman Sachs MOTILAL OSWAL NAV Dec-11 1314.51 121.33 Nov-11 1259.77 114.98 Avg T/O ` Lacs 14.61 9.75 1Month 4.35 5.53 Return % 3Months 11.41 12.27

Source: www.nseindia.com & www.amfinidia.com

Disclaimer: Market conditions can lead to substantial profit or loss. Investors are advised to seek adequate product and market knowledge as well as proper investment advice before trading. The material provided here is for general information purpose only. While care has been taken to ensure accuracy, the information furnished to reader with no warranty as to accuracy or completeness of its contents and on condition that any changes, omissions or errors shall not be made the basis for any claim, demand or cause for action

NSE web site

: www.nseindia.com

Online ETF price watch : http://www.nseindia.com/content/etfsparks.htm NSE circulars : http://nseindia.com/circulars/circular.htm