April 18, 2021
Passive funds gain traction, with strong inflows April 18, 2021 The global trend of passive funds gaining traction over actively managed funds is fast catching up in India, too, with fund managers failing to deliver on their USP (unique selling proposition) of alpha generation. Passively managed funds, including index funds, gold exchange traded funds, other ETFs and Fund of Funds investing overseas, registered a strong inflow of ₹68,678 crore in the financial year ended March, 2021 agains...