Exchange traded funds (ETFs), one of the two channels for passive investing in mutual funds (MF), are set to lag behind the overall MF industry in terms of asset growth for the first time in 10 years. The assets under management (AUM) of ETFs have gone up 17 per cent in 2023 so far vis-a-vis a 23 per cent growth in the overall MF AUM (till November).
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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