How dividends received from underlying assets of stocks, in ETF are treated? Whether the dividend is added to value of ETF or it goes to AMC.
It depends on the ETF. You’ll have to go through the documentation to see what the situation is. For example, in the case of Nippon NIFTY BeES their document states “The income received by way of Dividend shall be used for recurring expenses and Redemption requirements or shall be accumulated and invested as per the investment objective of the Scheme.”
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Novice question, but once an initial offering of an ETF has been done, then how does the AUM of an ETF go-up apart from the rise in value of the underlying assets?