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Latest AMFI data shows that the passive AUM of the MF industry has reached Rs. 11.13 lakh crore as of March 2025. The AUM of passive funds has increased by 21% from Rs. 9.22 lakh crore in March 2024.
Currently, passive funds account for 16.7% of the total mutual fund industry AUM.
Equity ETFs that track domestic equity indices occupy the largest share of the pie, with an average AUM of Rs. 6.28 lakh crore.
Equity Index funds tracking domestic indices is the second largest passives category with an average AUM of Rs. 1.57 lakh crore in March 2025. Next are debt ETFs with average AUM of Rs. 97,349 crore, target maturity index funds with Rs. 96,025 crore and gold ETFs with Rs. 57,101 crore.
In terms of net inflows in March 2025, domestic equity ETFs have received net inflows of Rs. 11,808 crore followed by domestic equity index funds with net inflows of Rs. 3,461 crore.
Debt index funds have also recorded net inflows of Rs. 1,694 crore.
Among commodity passive funds, while silver ETFs have witnessed net inflows Rs. 358 crore, gold ETFs saw net outflows of Rs. 77 crore in March 2025.
Target maturity funds have recorded the highest net outflows at Rs. 1,602 crore, along with debt ETFs which saw net outflows of Rs. 1,116 crore.
Overall, passive schemes have net inflow of Rs. 14,148 crore.
Currently, there are a total of 614 passive schemes. This includes 196 domestic equity index funds, 177 domestic equity ETFs and 92 target maturity index funds. Other categories like gold, silver, international ETFs, and FoFs make up the rest.
Considering the growing popularity of passive funds in India, Cafemutual is set to host the fourth edition of Cafemutual Passives Conference at Taj Santacruz, Mumbai on May 23.
Themed ‘The Passives Revolution: Future of Low Cost, High Impact Investing, the conference will host industry experts who will share their insights on the latest trends in the world of passives.
Visit cafemutualevents.com to know more.
|
Passive schemes |
No. of passive schemes as on March 31, 2025 |
Net Inflow (+ve)/Outflow (-ve) for the month of March 2025 (Rs. in crore) |
Average AUM for the month March 2025 (Rs in crore) |
|
Equity oriented Index Funds (Domestic Index Funds) |
196 |
3,461.19 |
1,57,594.75 |
|
Equity oriented Index Funds (International Index Funds) |
2 |
-88.77 |
5,236.02 |
|
Income/Debt Oriented Index Funds (Target Maturity Index Funds) |
92 |
-1,601.92 |
96,025.11 |
|
Income/Debt Oriented Index Funds (Other than Target Maturity Index Funds) |
12 |
1,694.18 |
14,267.74 |
|
Other Index Funds |
7 |
36.03 |
3,497.86 |
|
Gold ETF |
20 |
-77.20 |
57,101.29 |
|
Equity oriented ETFs (Domestic ETFs) |
177 |
11,808.08 |
6,28,602.79 |
|
Equity oriented ETFs (International ETFs) |
6 |
-88.47 |
13,085.69 |
|
Income/Debt Oriented oriented ETFs |
35 |
-1,115.53 |
97,349.53 |
|
Other Domestic ETFs |
- |
- |
- |
|
Silver ETF |
14 |
357.65 |
14,816.47 |
|
Fund of funds investing overseas in Active Funds |
40 |
-61.86 |
18,153.66 |
|
Fund of funds investing overseas in Passive Funds |
13 |
-174.79 |
8,134.21 |
|
|
614 |
14,148.59 |
11,13,865.13 |
