News From Press Three-fold growth in index fund AUM in 2022, ETF assets cross Rs 5 trn

Three-fold growth in index fund AUM in 2022, ETF assets cross Rs 5 trn

Source: BS Dec 17, 2022

Passive funds defied market slowdown and poor debt fund outlook to rise briskly in 2022. The assets under management (AUM) of passive funds increased 41 per cent to Rs 6.5 trillion by November, as the overall AUM of the industry grew just 7 per cent in the eleven-month period.

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