Whalesbook
Passive funds have significantly outperformed actively managed equity funds over the past year, driven by strong investor inflows into gold and silver Exchange Traded Funds (ETFs). Passive funds saw a 21% jump in Assets Under Management (AUM) last month, while active equity funds experienced slower growth and a 31% decline in inflows. Experts attribute this trend to increased market efficiency, SEBI's standardization norms, and the growing popularity of index funds and ETFs via digital platforms. While active funds faced challenges in a sideways market, future market momentum could favour their comeback.