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.
Denne historien er fra December 19, 2023-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 19, 2023-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Laxmi Dental gains over 28% on debut
The stock of Laxmi Dental posted a value jump of nearly 30 per cent during its trading debut on Monday.
Hedge fund managers keep nearly half of profit as fees
Hedge funds have long been regarded as notoriously expensive. New research reveals just how costly they truly are for their clients.
NCLT orders liquidation of Go First
The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of low-cost carrier Go First on the request of its Committee of Creditors (CoC), thus bringing an end to the 20-month-long insolvency proceedings.
The automotive frontier
India needs investment in the EV segment
Anatomy of a regulator
Regulatory bodies are important institutions in a market economy, requiring careful handling
Joining the dots on infrastructure
Pratap Padode is a financial journalist and publisher of Construction Update, a magazine launched in 1996, followed by Infrastructure Today, Power Today and Project Reporter.
The need of the hour is a 'Dream Budget'
In less than two weeks, the finance minister will present the Union Budget for 2025-26.
Focus on Davos
States must improve ease of doing business
Clarity needed on Rodtep scheme extension for EOU/SEZ/AA exports
We had supplied our manufactured goods to a merchant exporter on payment of 0.1 per cent IGST under the notification 41/2017-IT(Rate) dated 13th October 2017.
'Lodha' brand triggers tussle amid brothers
Abhishek Lodha has approached the Bombay HC seeking to stop Abhinandan from using the name
