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Equity ETFs, equity index funds and gold ETFs are the top three fund categories in passive funds in terms of net inflows in April-December 2024.
Equity funds have received the highest net inflows of Rs.54,200 crore in April-December 2024.
Not so far behind is domestic equity index fund category, which has received the highest net inflows of Rs.48,900 crore in April-December 2024.
Experts attribute this to the launch of NFOs in the equity index fund category.
In an interview with Cafemutual, Arun Sundaresan, Head-ETF, Nippon India Mutual Fund feels that many investors are now interested in index funds. This is evident from the average monthly inflows of over Rs.5000 crore in equity index funds, he added. You can watch the complete video by clicking here.
Gold ETFs have recorded net inflows of Rs.7600 crore in April-December 2024. The category has received net inflows of Rs.640 crore in December 2024.
Silver ETFs have similarly received net inflows of Rs. 477 crore in December and an overall net inflow of Rs. 7,042 crore in the first nine months of FY 2025.
Among debt passive funds, target maturity index funds have posted positive net inflows of Rs. 446 crore in December 2024 but over the April-Dec 2024 period, the category has seen net outflows of Rs. 2,369 crore. On the other hand, target maturity ETFs have received net outflows in December as well as April-December 2024.
Net Inflows/Outflows in December 2024
|
Category |
Net Inflow/Outflow (Rs. in crore in December) |
Total Inflow/Outflow between April-Dec (Rs. in crore) |
|
Equity-Oriented ETFs (Domestic) |
-2,470 |
54173 |
|
Equity-Oriented Index Funds (Domestic) |
4,543 |
48931 |
|
Gold ETFs |
640 |
7586 |
|
Silver ETFs |
477 |
7042 |
|
Equity-Oriented Index Funds (International) |
0 |
360.25 |
|
Equity-Oriented ETFs (International) |
-40 |
51 |
|
Other Index Funds |
-5 |
-116 |
|
Fund of Funds Investing Overseas (Passive Funds) |
-104 |
-218 |
|
Fund of Funds Investing Overseas (Active Funds) |
21 |
-820 |
|
Target Maturity Debt-Oriented Index Funds |
446 |
-2369 |
|
Other Debt-Oriented Index Funds |
-198 |
-2840 |
|
Income/Debt-Oriented ETFs |
-2,525 |
-6549 |
In terms of AUM, equity ETFs manage highest AUM among all passive funds with assets of Rs.6.62 lakh crore in December 2024.
Equity index funds is the second in the list with assets of Rs. 1.61 lakh crore in December 2024.Also, Income funds have an AUM of Rs.96,000 crore in December 2024.
AUM in December 2024
|
Category |
AUM (Rs. in crore) |
|
Equity-Oriented ETFs (Domestic) |
6.62 |
|
Equity-Oriented Index Funds (Domestic) |
1.61 |
|
Income/Debt-Oriented ETFs |
96000 |
|
Target Maturity Debt-Oriented Index Funds |
93000 |
|
Gold ETFs |
44000 |
|
Fund of Funds Investing Overseas (Active Funds) |
18000 |
|
Equity-Oriented ETFs (International) |
14000 |
|
Other Debt-Oriented Index Funds |
14000 |
|
Silver ETFs |
12000 |
|
Fund of Funds Investing Overseas (Passive Funds) |
9000 |
|
Equity-Oriented Index Funds (International) |
6000 |
|
Other Index Funds |
4000 |
