Anil Ghelani recommends integration of analytics & digital business team to drive hyper-personalization
Ravi Lalwani: What are the recent trends in passive investing in India over the last 5 years? What trends do you expect in the years ahead?
Anil Ghelani: In India, we are gradually seeing the growth of passive investments. In the last 3 years, Equity Index Funds and ETFs got a higher net inflow compared to the active funds in the large-cap category and this trend is likely to continue. From the total mutual fund industry of about ₹44 billion, ETFs and index funds are now about ~16% of the total AUM. In my view, by 2025 ETFs and index funds will account for 25-30% of the mutual fund industry in India.
How do passive investments in India compare with other foreign countries?
Many countries are seeing potential growth in passive investments like ETFs and index funds, but US has most of the passive investors. In 2012, US industry saw passive funds get higher net new inflows as compared to active funds. This trend picked up so fast that in a few years, active funds started getting net outflows and only passive funds have been getting net new inflows. As of the end of 2022, the US now has about 47% of total mutual fund assets in passive funds. Globally in other countries, this number is estimated at only 10-12%.
هذه القصة مأخوذة من طبعة August 2023 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 2023 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
EC tests the prowess of DLT through a sandbox
The European Blockchain Regulatory Sandbox is helping regulators to understand the benefits of blockchain in financial services domain:
GDPR vs DPDP & what it means to BFSI
The recently enacted Digital Personal Data Protection Act, 2023, of India, has cast itself as a game-changing framework for addressing the privacy and data protection needs of a rapidly digitizing nation.
Insurance, investments & financial planning for women to rise
What percentage of your customers are women? What percentage of your overall business comes from women customers? How have both these figures changed over the last few years?
AIMING WITH AI
An organization can have multiple goals with Al. We have selected 3 key goals Front Office, Back Office and Strategic Decisions. Six CIOs/CTOS/ CDOs from India, Sri Lanka, Uganda, Nigeria and Ecuador share their perspectives on these 3 goals and on skills, consultants and partners:
SBI launches Har Ghar Lakhpati & SBI Patrons deposit schemes
The State Bank of India (SBI), the two new deposit schemes-Har Ghar Lakhpati and SBI Patrons-designed to offer customers greater financial flexibility and value.
L&T Finance collaborates with Amazon Finance India for innovative credit solutions
L&T Finance (LTF) has entered into a multi-year strategic partnership with Amazon Finance India to co-develop cuttingedge credit solutions designed to enhance affordability for eligible Amazon customers and merchants.
Pay Later extended to stocks
Paytm Money has launched the 'Pay Later' margin Pay trading facility, allowing investors to buy and invest in stocks by paying just a fraction of the total value upfront.
30% for EV, 30% for Solar
ADB has invested US$25 million in Vivriti Capital's first climate bond for renewable energy and EV infrastructure. Smitha Jain Arora, Head Sustainability & Impact, lays the road ahead:
Professional competencies must complement AI
Anooshka Soham Bathwal, CEO & Founder of Dhanvesttor, navigates the challenges of costs and skills shortages along with the opportunities of AI and innovation:
RBI issues stringent guidelines to combat mobile number fraud in digital transactions
The widespread adoption of digital transactions, while providing unparalleled convenience and efficiency, has also led to an increase in fraudulent activities, raising serious concerns that require collective action.
