News From Press Jump in passive fund inflows in 2024 on new launches, EPFO boost

Jump in passive fund inflows in 2024 on new launches, EPFO boost

Source: Business Standard May 21, 2024

Inflows into passive funds, which slumped after the change in debt fund taxation in April 2023, have rebounded this calendar year (CY2024). The surge in inflows came on the back of an increase in new index fund and exchange traded fund (ETF) launches and strong performance in some of the categories.

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