Silver, Gold ETFs power up India’s passive fund AUM, but can the recent spurt sustain?
India's passive folios have risen from 4.46 crore in September to 4.82 crore in October, with the largest addition from Gold ETFs, among others, which have added more than 20 lakh investor accounts. Gold ETF folios alone rose by 11% during the month, to cross 95 lakh investors.
India's passive folios have risen from 4.46 crore in September to 4.82 crore in October, with the largest addition from Gold ETFs, among others, which have added more than 20 lakh investor accounts. Gold ETF folios alone rose by 11% during the month, to cross 95 lakh investors.
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