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AUM of index mutual funds has almost tripled. | Jobs Vox

[ad_1] In the year With 2022 coming to an end, the mutual fund sector has attracted the interest of many investors. Although inflows across all categories of fund schemes have increased, some have shown a higher jump than others over the past 11 months. This sample. Index fund assets under management (AUM) have increased significantly … Read moreAUM of index mutual funds has almost tripled.

| Jobs Vox

Passive funds stole the show with AUM growing 147%. | Jobs Vox

[ad_1] Indian Mutual Fund Industry 2022 has traveled relatively smoothly despite several central bank repo rate hikes and significant global headwinds amid market turmoil. The benchmark Nifty index rose 10.87 percent in the year ended December 19, 2022, far better than the tech-heavy Nasdaq’s 28.54 percent decline in the year. The Reserve Bank of India … Read morePassive funds stole the show with AUM growing 147%.

| Jobs Vox

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