Preference for passive funds and ETFs is a palpable change SECTIONS Last Updated: Apr 19, 2021, 12:26 PM IST Share Synopsis ETF AUM has moved up. In March 2020, the AUM in ‘Other ETFs’ was Rs 1.56 lakh crore (INR 1.56 trillion). Shutterstock.com The market has posted impressive gains since it hit the bottom on 23 March 2020. Over this one year, from March 2020 to March 2021, we will look at the relative allocation to the various mutual fund categories. Please note, the AUM data is at market valuation. That is, when the market is moving up, even if there is net redemption on a cash basis from investors, the AUM still moves as NAV is valued at market prices. If it is net purchase on cash basis, it will add to the AUM.