neutral
Recently
Passive investing assets continue expanding
Passive fund assets increased as gold ETF inflows strengthened amid uncertain market conditions and rising retail preference for index investing.
Assets under management in passive mutual funds rose five percent to fourteen lakh crore rupees in October, supported by strong inflows into exchange traded funds. Gold ETFs attracted inflows of seven thousand seven hundred forty three crore rupees as investors sought defensive exposure amid global uncertainty. Industry participants noted growing retail adoption of low cost index strategies as market volatility remains elevated.