The passive fund market witnessed an uptick in September, with AUM rising 3.9% on-month to Rs 12.99 lakh crore on the back of a surge in gold prices and fresh inflows into the category, which totalled Rs 19,057 crore, marking the 59th consecutive month of net inflow, according to AMFI monthly note. Source link
The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more
ET Intelligence Group: Odds are rather long that you’d take Humphrey Appleby’s prescription for success on face value, but ‘masterly inactivity’ does indeed seem to work pretty well in the world of investing. So, ‘passive’ funds have emerged as tough ‘challengers’ to active funds lately. Total inflows into passive funds – index funds, ETFs and … Read more