The last time ETFs trailed the MF industry was in 2013, when the ETF AUM had declined 11 per cent, despite the industry's assets growing 9 per cent.
Passive funds, which include ETFs and index funds, have been a fast-growing space within the MF industry, especially post Covid-19. Their AUM, which stood at ₹1.85 trillion in December 2019, rose to ₹6.3 trillion by the end of 2022, surging over 30 per cent each year during the period. In 2023, the passive AUM growth is marginally lower than that of the industry at 22 per cent.
Diese Geschichte stammt aus der December 19, 2023-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der December 19, 2023-Ausgabe von Business Standard.
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We are merchant exporters.
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