Passive funds gain traction among investors in India, market share witnesses growth: Study

A recent study revealed that passive funds have gained traction among investors in India in the last few years, capturing a market share of over 17 per cent of Assets Under Management (AUM) in 2023 from 1.4 per cent in 2015. A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment. Passive index funds, Exchange Traded Funds (ETFs), and Fund of Funds investing in ETFs are examples of these funds. 

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