Anil Ghelani recommends integration of analytics & digital business team to drive hyper-personalization
Ravi Lalwani: What are the recent trends in passive investing in India over the last 5 years? What trends do you expect in the years ahead?
Anil Ghelani: In India, we are gradually seeing the growth of passive investments. In the last 3 years, Equity Index Funds and ETFs got a higher net inflow compared to the active funds in the large-cap category and this trend is likely to continue. From the total mutual fund industry of about ₹44 billion, ETFs and index funds are now about ~16% of the total AUM. In my view, by 2025 ETFs and index funds will account for 25-30% of the mutual fund industry in India.
How do passive investments in India compare with other foreign countries?
Many countries are seeing potential growth in passive investments like ETFs and index funds, but US has most of the passive investors. In 2012, US industry saw passive funds get higher net new inflows as compared to active funds. This trend picked up so fast that in a few years, active funds started getting net outflows and only passive funds have been getting net new inflows. As of the end of 2022, the US now has about 47% of total mutual fund assets in passive funds. Globally in other countries, this number is estimated at only 10-12%.
This story is from the August 2023 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 2023 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Kamdhenu & Sammrudhi loans top rural customers
Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:
It's going to be a 'world' of CBDCs
Practically, every central bank in the world is testing and readying a CBDC system:
Training for behavioral & social skills is key
3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:
THE AI COMPASS
Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.
To mentor & coach emerging leaders
Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:
Innovation will unlock India's Mission 'Atmanirbhar’
Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:
Algorithm is the Boss
Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:
Fintech and Neobank under the same Umbrella
It was started in 1902 to build what came to be called Israel:
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
A productivity booster shot at BALIC:
Small Beginning for a Big Opportunity
AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers: