Inflow to index mutual funds, FoFs spikes in a shift towards passive funds
Updated: 13 Jul 2022, 01:29 PM IST
TL;DR.While contribution to equity mutual funds dropped 16% in June, allocation to fund of funds and index funds rose significantly. We explore whether investors are increasingly getting inclined towards passive funds
Index funds witnessed a contribution of ₹7,301 crore in June, an increase of 27 percent as compared to May.