Mutual fund schemes that follow passive investment strategy such as index and ETF schemes earned the trust of advisors and investors in 2019. The outperformance of passive large cap mutual funds in 2019 contributed greatly to the increase in popularity of the category.
Even the assets managed by the passive mutual fund category reflected the newfound love for the category. The total assets managed (or AUM in mutual fund parlance) by the passive funds, including gold and other ETFs and index funds, stood at Rs 177,181.22 crore as of November 30, 2019.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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