Passive investing has gained significant traction among domestic investors over the last few years. Data compiled from ACEMF shows that the assets under management (AUM) of passively managed equity-oriented funds grew by 553 percent to Rs 6.04 trillion over the last five years while the AUM of actively managed equity funds grew by 228 percent to Rs 20.02 trillion.
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India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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