Inflows into passive funds dip 17% in April-October

Amount of money raised via passive funds’ NFOs has fallen

- ANANYA GROVER

AFTER NET INFLOWS into passive schemes more than doubled in the last fiscal, the enthusiasm towards that category has slightly moderated in so far FY26, indicating that investors have started looking for higher-than-market returns by putting money in actively-managed funds.

According to data from the Association of Mutual Funds in India (Amfi), passive schemes, including index funds, gold ETFs, and other ETFs, garnered net inflows worth ₹83,005.64 crore so far this fiscal, 17% lower than ₹99,820.05 crore in the year-ago period.

Funds mobilised through new fund offers of passive funds have also decreased significantly — from 80 launches raising ₹10,173 crore last year to the same number of launches mobilising ₹3,712 crore in April-October this year.