neutral
Passive MF assets rise as gold ETFs attract strong inflows
Passive mutual funds’ assets rose 5.2% to ₹13.67 lakh crore in October. Gold ETFs drew ₹7,743 crore of inflows during the month, reflecting heightened allocation to precious metals. Equity mutual fund inflows eased to ₹6,026 crore after an 8.8% decline. The broader passive category expanded due to index funds and sectoral ETFs gaining traction across institutional and retail investors.
Tags:
- mutual funds
- passive funds
Explore:Mutual Fund Screening
neutral
Passive MF assets rise as gold ETFs attract strong inflows
Passive mutual funds’ assets rose 5.2% to ₹13.67 lakh crore in October. Gold ETFs drew ₹7,743 crore of inflows during the month, reflecting heightened allocation to precious metals. Equity mutual fund inflows eased to ₹6,026 crore after an 8.8% decline. The broader passive category expanded due to index funds and sectoral ETFs gaining traction across institutional and retail investors.
Tags:
- mutual funds
- passive funds
Explore:Mutual Fund Screening
1 min read
60 words
Passive MF assets climbed 5.2 percent to ₹13.67 lakh crore, led by ₹7,743 crore inflows into gold ETFs as equity inflows softened.
Passive mutual funds’ assets rose 5.2% to ₹13.67 lakh crore in October. Gold ETFs drew ₹7,743 crore of inflows during the month, reflecting heightened allocation to precious metals. Equity mutual fund inflows eased to ₹6,026 crore after an 8.8% decline. The broader passive category expanded due to index funds and sectoral ETFs gaining traction across institutional and retail investors.
Passive mutual funds’ assets rose 5.2% to ₹13.67 lakh crore in October. Gold ETFs drew ₹7,743 crore of inflows during the month, reflecting heightened allocation to precious metals. Equity mutual fund inflows eased to ₹6,026 crore after an 8.8% decline. The broader passive category expanded due to index funds and sectoral ETFs gaining traction across institutional and retail investors.
Tags:
- mutual funds
- passive funds
- mutual funds
- passive funds
- gold etf