Exchange Traded Funds

March 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
31.54% 45.44% 22.73% 0.29%
Gold Indian Stock Market Money Market International Stock Market

February 2012 ETF Based on Asset Gold Money Market Equity Market International Equity Market Total Total T/O ( ` Lacs) 37919.31 26320.58 18968.98 245.26 83454.13 % 45.44% 31.54% 22.73% 0.29% 100.00%

ETF based on Gold NAV Feb-12 2817.57 2878.80 2752.54 2765.36 2820.02 2886.10 2837.22 2763.77 1375.29 2691.41 2840.98 2818.23 Jan-12 2785.41 2842.56 2721.08 2733.44 2787.67 2852.87 2800.19 2732.06 1359.61 2660.65 2808.29 2785.79 Avg T/O Return % 1Month 1.15 1.27 1.16 1.17 1.16 1.16 1.32 1.16 1.15 1.16 1.16 1.16 3Months -0.78 -0.93 -0.79 -0.79 -0.77 -0.79 -0.78 -0.80 -0.79 -0.78 -0.77 -0.77

SYMBOL AXISGOLD BSLGOLDETF GOLDBEES GOLDSHARE HDFCMFGETF IDBIGOLD IPGETF KOTAKGOLD QGOLDHALF RELGOLD RELIGAREGO SBIGETS
15000

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

` lacs
10.17 3.27 1158.79 122.26 71.05 10.71 9.94 184.52 13.32 175.91 3.62 132.41

GOLD ETF Average Turnover Rs Lacs

10000 5000 0

Among 12 Gold ETFs the top 3 gold ETF contributed 80.13% of the total trading volumes during the month. The total trading volume for the month was ` 37919.31 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)

3000

LiquidBees Turnover Rs lacs

SYMBOL LIQUIDBEES

Average Daily T/O ` Lacs Feb-12 1316.03 Jan-12 1334.57

2000

% Change in T/o -1.39

1000

Source: www.nseindia.com & www.amfiindia.com

The highest turnover in LIQUIDBEES for the month of February 2012 was ` 25.81 Crs. with total traded quantity of 258060 on 29th February 2012.

ETF based on Equity (Index)

The top 3 equity oriented ETF Viz. NIFTYBEES, IIFLNIFTY & JUNIORBEES accounted for 69.90%, 11.65% & 4.65% respectively of the total trading volumes during the month.
NAV Feb-12 1053.58 1077.35 262.21 7.82 376.27 364.56 104.68 74.23 537.95 547.02 549.60 548.19 539.24 53.92 591.12 123.63 Jan-12 1003.81 1027.23 252.57 7.20 347.07 336.28 98.36 70.68 519.36 528.23 530.72 529.34 520.98 52.09 571.35 118.78 Average Daily T/O ` lacs 25.64 1.23 3.35 11.09 3.09 19.12 44.10 17.24 110.52 25.50 663.01 1.11 2.88 20.30 0.07 0.21 Return % 1Month 4.96 4.88 3.82 8.60 8.41 8.41 6.42 5.01 3.58 3.56 3.56 3.56 3.51 3.51 3.46 4.08 3Months 21.44 21.00 8.26 16.10 19.85 19.87 14.79 14.75 11.52 11.46 11.50 11.46 11.28 11.33 11.25 8.42

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.amfiindia.com

ETF based on International Index

The highest turnover in HNGSNGBEES for the month was ` 16.06 lacs, on 17th February 2012 whereas the highest turnover in N100 for the month was ` 33.77 lacs, on 29th February 2012.
Symbol HNGSNGBEES N100 AMC Goldman Sachs MOTILAL OSWAL NAV Feb-12 1426.31 128.95 Jan-12 1354.41 122.45 Avg T/O Return % 1Month 5.31 5.31 3Months 13.22 12.15

` Lacs
9.17 3.09

Source: www.nseindia.com & www.amfiindia.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