Index funds, a preferred route for passive investors, are able to garner consistent inflows despite high volatilityin the equity market.
The 12-month cumulative rolling inflows in index-based mutual funds rose to ₹80,755 crore - the highest ever for passive as well as active funds, data from the Association of Mutual Fund of India (AMFI) show. The inflows have also been ₹8,585 crore more than that came to exchange-traded funds (ETF).