passive fund

Jury selection has begun in Musk v. Altman, the federal trial pitting OpenAI's billionaire co-founder against the company he helped build. Elon Musk alleges Sam Altman ran a "long con"—using nonprofit promises to secure funding and talent before quietly pivoting to for-profit. He's seeking up to $150 billion in damages and wants Altman removed. OpenAI calls it jealousy. The verdict could reshape AI's future.

Women are actively investing in India, moving beyond traditional savings. While participation in mutual funds and equities is rising, independent control over financial decisions, particularly tax planning, is still developing. Younger women show greater comfort with digital platforms and goal-based investing. This shift signifies a growing financial awareness and engagement across the nation.

It’s the start of a new financial year, and if you are wondering where to put your money - this article has you covered. We asked five experts what they think is the right portfolio strategy for investors at the current juncture.

After a 13-year struggle, the Supreme Court granted permission for the withdrawal of life-sustaining treatment for Harish Rana, who has been in a vegetative state since a 2013 accident. His parents, facing immense emotional and financial strain, expressed gratitude for the humane judgment, viewing it as a release for their son from prolonged suffering.

Paramount's $111 billion bid for Warner Bros. Discovery faces potential disruption from the US-Iran war, as Middle Eastern sovereign wealth funds reconsider investments. China's Tencent has entered a new funding round, despite past US regulatory concerns over its involvement.

After Covid’s second wave, 92% of active fund managers lagged the index. Now, massive passive inflows — INR7,500 crore a month, led by EPFO-backed ETFs — are accused of inflating Nifty 50 stock prices. But is this surge quietly reshaping India’s markets?

India's mutual fund industry experienced robust growth in early 2026, with total assets under management reaching Rs 81.01 lakh crore, a 20.5% increase year-on-year. Equity-oriented schemes anchored this expansion, while Systematic Investment Plans (SIPs) saw significant inflows and a growing share of equity AUM. The investor base also expanded, with passive fund AUM achieving record levels.

Precious metals ETFs saw significant investor interest in September, attracting over 71% of passive fund inflows amid global market jitters. Gold and silver ETFs collectively drew substantial investments, highlighting their appeal as safe havens. Meanwhile, equity funds continued their strong inflow streak, and SIPs reached an all-time high, showcasing robust retail confidence in the Indian mutual fund market.

India's mutual fund sector is seeing a significant shift towards passive investing, with investors favoring long-term, buy-and-hold strategies. passive funds, tracking market indices, have surged in popularity due to their low costs, with their share in AUM rising to 17.1% by September 2025. Despite a recent moderation in inflows, long-term prospects for passive investing remain strong.

Indian asset managers are launching even more passive products as a $558 billion industry shift is brought about by an oversupply of active funds and their inability to outperform benchmark returns. Additionally, investors can save money by investing in passive funds, which mimic an index rather than active funds, the composition of which is chosen by a fund manager. According to Value Research, fund houses have introduced 23 passive funds so far this year, more than double the 10 introduced in 2019 and less than half the 45 introduced in 2022.

Sebi has revamped how mutual funds value physical gold and silver, shifting to domestic spot prices from April 2026, replacing the LBMA benchmark. This move aims for greater transparency and alignment with Indian market conditions. Additionally, Sebi introduced a new scheme classification structure and tightened portfolio overlap disclosures to enhance investor protection and uniformity across the mutual fund industry.

Zerodha Fund House introduces the Multi Asset Passive FoF, a diversified fund investing in equity ETFs, debt, gold, and silver. With allocations to large-cap, mid-cap, gold, and government securities ETFs, it aims to provide stable returns, especially for first-time investors. The fund offers a simple, accessible way to achieve asset allocation goals with a minimum investment of ₹100.

Axis Mutual Fund launched the Axis Income Plus Arbitrage passive fund of Funds, aiming to combine stable returns from debt instruments with tax efficiency from arbitrage. The scheme invests in passive debt and arbitrage funds, targeting investors seeking optimized post-tax returns with a conservative risk profile.

India’s $442 billion asset management industry is finally having to reckon with the passive investing juggernaut. After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April.

The Securities and Exchange Board of India has strengthened rules for mutual funds. Rebalancing timelines will apply to all passive breaches in actively managed funds. This excludes Index Funds and Exchange Traded Funds. The new directive broadens compliance requirements. It addresses unintended deviations in asset allocation. Portfolios must be rebalanced within 30 business days of a breach.

Adani’s electric utility service and city gas distribution units may be removed from MSCI Inc’s India gauge, resulting in a $500m selloff by passive funds. MSCI is expected to publish the results of the review this week. Analysts have predicted that the two firms will not hit the minimum threshold after the review. This action was proposed after Hindenburg Research, the US short-seller, claimed offshore shell firms and funds tied to Adani are the largest holders of shares who are non-insiders.

Reliance Capital Asset Management (RCAM), which manages Reliance Mutual Fund, has entered into a deal to buy Goldman Sachs' Indian asset management business for Rs 243 crore in an all-cash deal.

Capital markets regulator Sebi has allowed mutual funds with active Equity-Linked Savings Schemes (ELSS) to launch passive schemes, a move that will provide a cost-effective and tax-saving alternative to individual investors.

New Delhi, Jun 8 () India witnessed an outflow of more than USD 460 million from listed foreign funds in May, taking the total to USD 2 billion this year.