Number of passive funds tracking Nifty Indices cross 200
The total number of passive funds (ETFs and Index Funds) tracking Nifty Indices in India has crossed a new milestone of 200. Currently there are 110 ETFs and 91 index funds in India tracking 72 unique Nifty Indices. Out of these 201 passive funds, 166 are equity passive funds and 35 are debt passive funds. These 201 passive funds have been issued by 24 different Asset Management Companies (AMCs) in India. Nifty Indices linked passive funds account for 76% market share in terms of total number of ..
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