Samsung Asset Management's KODEX India Nifty50 Net Assets Surpass 200 Billion Won

Samsung Asset Management announced on the 13th that the net assets of the KODEX India Nifty50 ETF, which invests in 50 large-cap stocks in the Indian stock market, have surpassed 200 billion KRW, reaching 202.7 billion KRW.

India is considered the biggest beneficiary of the supply chain restructuring caused by the US-China conflict, and foreign investment continues due to the government's consistent pro-business policies such as fostering manufacturing and building infrastructure. The Indian stock market also recorded a 22.2% increase over the past year, outperforming major countries such as the US S&P 500 at 20.8% and the domestic KOSPI 200 at 9.8%. It has attracted particular attention as it contrasts sharply with China's CSI 300 index, which recorded -18.8% amid a severe economic slowdown.

According to Goldman Sachs, the number of India's middle-class population with an annual income exceeding $10,000 has been growing at an annual rate of 12% since 2019. If this trend continues, the middle-class population is expected to surpass 100 million by 2027, leading to exponential growth in the consumer market, which could serve as an additional growth engine for the Indian economy.

The KODEX India NIFTY50 ETF is an exchange-traded fund (ETF) that tracks the NIFTY50 index, which includes 50 large-cap stocks in the Indian market. Since its listing on April 21 last year, it has risen 23.6%, recording the highest return among ETFs tracking the same index listed domestically, and has attracted significant interest with approximately 24 billion KRW of individual funds flowing in this year alone.

Lee Jun-jae, manager at Samsung Asset Management, said, “India is emerging as an attractive investment destination with many growth factors such as high economic growth rate, young population structure, and government policies fostering businesses,” adding, “In response to investors’ demand for the Indian market, we plan to continuously research and launch new products not only tracking India’s representative indices but also various sectors and themes in India.”

This content was produced with the assistance of AI translation services.