E x ch a n g e T ra d ed F u n d s June 2010

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. Following ETFs are listed on Exchange.

ETF based on Commodity (Gold)

Avg Daily
NAV AUM Lacs T/O in Return %
SYMBOL
May Rs
May-2010 Apr-2010 May-2010 Apr-2010 lacs 1Month 3Month

GOLDBEES 1810.80 1677.62 76092.63 79675.82 1322.01 7.94 10.06

GOLDSHARE 1805.925 1676.305 1995.45 1753.44 226.48 7.73 9.84

KOTAKGOLD 1805.65 1676.25 34528.28 31809.81 192.56 7.72 9.84

QGOLDHALF 898.5019 834.183 2668.23 1919.78 100.23 7.71 9.14

RELGOLD 1756.37 1630.35 13107.77 13043.09 398.49 7.73 9.84

RELIGAREGO 1856.467 1723.423 11500.47 10722.89 29.08 7.72 NA

SBIGETS 1805.92 1676.30 31542.25 26164.27 93.58 7.73 9.84

Spot price gold (Source: http://goldprice.org/charts/history/gold_5_year_o_inr.png)

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 Gold ETF turnover over a period (since Oct 2008) Gold ETF turnover - May 2010 (Rs lacs)

Among 7 Gold ETFs GOLDBEES accounted for 55.95 % of the total trading volumes during the month.
GOLDBEES witnessed volume of 1634425 with a turnover of Rs. 29084.31 lacs vis-à-vis volume of
511129 with a turnover of Rs. 8388.74 lacs in the previous month.

ETF based on Money Market Instrument (Government Securities)

Volumes in LiquidBeES Graph

Average Daily T/O

Rs lacs
AUM Rs Lacs
%
SYMBOL Change
st th st th
31 May 30 April 31 May 30 April

LIQUIDBEES 23425.6 18204.32 35031.86 34455.68 28.68

The highest turnover in LIQUIDBEES for the month of May

2010 was Rs 31.1157 Crs with total traded quantity of
311157, on 20th May 2010.

ETF based on International Index (Hang Sang Index)

Benchmark AMC launched the First Indian ETF listed on NSE capital market segment to give international
exposure on 15th February 2010 which got listed on 18th March 2010. On the listing day it has clocked volume
of 355.75 lacs with 26686 total traded quantities.

NAV AUM Rs Lacs Avg Daily Return %

Symbol T/O in
May-2010 Apr-2010 May-2010 Apr-2010 May Rs lacs 1Month 3Month

HNGSNGBEES 1194.442 1210.357 4059.45 5484.5 23.02 -1.31 NA

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ETF based on Equity (Index)

Avg Daily
NAV AUM Rs Lacs T/O in Return %
Symbol Underlying
May Rs
May-2010 Apr-2010 May-2010 Apr-2010 1Month 3Month
lacs
BANKBEES BANK NIFTY 935.20 985.22 6079.65 7030.03 44.35 -5.08 7.29
JUNIORBEES JUNIOR NIFTY 106.42 110.48 8562.31 12685.57 100.71 -3.68 5.57
KOTAKNIFTY NIFTY 509.03 527.65 4549.43 2731.35 15.06 -3.53 3.41
CNX PSU BANK
KOTAKPSUBK INDEX
364.77 374.33 3119.25 3069.88 4.00 -2.55 13.63
NIFTYBEES NIFTY 510.52 529.10 40776.19 38183.23 620.94 -3.51 3.43
CNX PSU BANK
PSUBNKBEES INDEX
353.49 362.75 785.94 815.07 1.68 -2.55 13.55
QNIFTY NIFTY 510.54 529.15 117.53 122.98 0.58 -3.52 3.36
RELBANK BANK NIFTY 953.51 1004.20 1215.32 1306.23 2.45 -5.05 7.27
SHARIAH
SHARIABEES INDEX
118.31 121.47 124.48 126.40 0.45 -2.60 1.60
UTISUNDER NIFTY 536.06 553.82 62.91 65.50 2.39 -3.21 3.75

Among all Equity based ETF NIFTYBEES accounted for 76.13 % of the total trading volumes during the
month while JUNIORBEES accounted for 12.35 % of the total trading volume.

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 Head- Office

National Stock Exchange of India Ltd

Exchange Plaza, Bandra Kurla Complex,
Bandra-East. Mumbai -400051
Tel: 022 26598304 / 05 Fax: 022 26598449
Email: nsecrm@nse.co.in

Regional Offices
Delhi Ahmedabad Kolkata
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406 Sakar II, Near Elis Bridge, 1 Floor, Park View
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Email: nsecrm@nse.co.in Tel No: (033) 24631802/1805
Tel No: (011) 23344313- 27
Email: nsecrm@nse.co.in
Email: nsecrm@nse.co.in

Chennai Hydrabad
2nd Floor, Ispahani Centre, Door H No.3-6-322
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Tel No : (044) 2833 2500/ 01 Tel No: (040) 23227084/85
Email: nsecrm@nse.co.in Email: nsecrm@nse.co.in

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

NSE web site : www.nseindia.com

NSE circulars : http://www.nseindia.com/content/circulars/circ_latest.htm

NSE member directory : https://www.enit.co.in/MemDirWeb/

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.

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What are ETFs?

ETFs are open ended passively managed mutual funds that are traded on exchange with an objective of
providing returns as that of a particular market index. Based on the broader market ETFs are of following types.

ETFs combine the Benefits of

Mutual funds
Diversification
Advantages of ETFs
Regulated
Open ended
 Easier to track
 High quality and well diversified portfolio.
Stocks
Bought & Sold During the
 Convenience of trading & Real Time NAV Day Transparent
 Available in lower denomination Liquid
 Dividends received are tax-free.
 Investments are exempt from wealth tax

Users of ETF: Due to unique structure of ETFs, all types of investors whether retail or institutional, long term
or short term, can use it to their advantage.

Investors

Hedgers

Arbitragers

Structure & Working of ETFs

Primary Market/ Issuer Secondary Market

Market
Making/Arbitrage Seller
Authorized
Participants / Financial Cash ETF
Institutions
Buy/Sell Stock Exchanges
Subscription Redemption

Fund Buyer