Although extremely popular in the US market, Indian investors are finally realising the value of passive funds, which are frequently referred to as the simplest and no-brainer way to make money in the stock market.
Despite heavy FII outflows and a decline in the AUM (assets under management) of pure equity funds in May 2022, passive funds saw inflows of Rs 11,800 crore. Index funds and exchange traded funds are examples of passive funds (ETFs).