Passive funds AUM tracking Nifty indices tops Rs 5 lakh crore
Passive funds, designed to track the Nifty indices, contribute to the success of the passive funds sector, which has now achieved a total of Rs 7 lakh crore AUM, as of May. Growth in this sector has come from the failure of large-cap active funds to provide big returns.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
