neutral
Passive Mutual Fund Assets Rise as Gold ETFs Attract Heavy Inflows
Passive mutual funds recorded a 5.2% increase in assets during October, reaching ₹13.67 lakh crore. Industry data shows that gold ETFs alone added ₹7,743 crore in inflows, becoming one of the strongest contributors to overall growth. Conversely, active equity fund inflows slipped to ₹6,026 crore, reflecting a shift in investor preference toward lower-cost index products.
Tags:
- mutual funds
- gold ETFs
neutral
Passive Mutual Fund Assets Rise as Gold ETFs Attract Heavy Inflows
Passive mutual funds recorded a 5.2% increase in assets during October, reaching ₹13.67 lakh crore. Industry data shows that gold ETFs alone added ₹7,743 crore in inflows, becoming one of the strongest contributors to overall growth. Conversely, active equity fund inflows slipped to ₹6,026 crore, reflecting a shift in investor preference toward lower-cost index products.
Tags:
- mutual funds
- gold ETFs
1 min read
55 words
Passive fund AUM rose 5.2% to ₹13.67 lakh crore, driven by strong gold ETF inflows, while active equity flows softened amid market volatility.
Passive mutual funds recorded a 5.2% increase in assets during October, reaching ₹13.67 lakh crore. Industry data shows that gold ETFs alone added ₹7,743 crore in inflows, becoming one of the strongest contributors to overall growth. Conversely, active equity fund inflows slipped to ₹6,026 crore, reflecting a shift in investor preference toward lower-cost index products.
Passive mutual funds recorded a 5.2% increase in assets during October, reaching ₹13.67 lakh crore. Industry data shows that gold ETFs alone added ₹7,743 crore in inflows, becoming one of the strongest contributors to overall growth. Conversely, active equity fund inflows slipped to ₹6,026 crore, reflecting a shift in investor preference toward lower-cost index products.
Tags:
- mutual funds
- gold ETFs
- mutual funds
- gold ETFs
- passive investing
- AUM