News From Press Index fund assets more than double in a year

Index fund assets more than double in a year

Source: Economic Times Jan 9, 2023

Investors have shown an increased preference for index funds in the last year. As per data from Association of mutual funds of india (AMFI), assets under management (AUM) of index funds that include both debt and equity schemes more than doubled to ₹1.18 lakh crore from ₹42,880 crore a year back.

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