Passively managed mutual fund schemes are becoming increasingly popular among Indian investors. According to the latest Association of Mutual Funds in India (AMFI) figures, monthly net flows into passive mutual funds (index funds and Exchange Traded Funds) were RS 10,260 crore in October, roughly three times that of active mutual funds, which were about Rs 3,872 crore. This is the largest net inflow multiple seen by this low-cost fund category in the previous 24 months compared to active mutual funds.
