Passive funds are schemes that track a benchmark index and try to mimic its performance. They include passive index funds, exchange-traded funds (ETFs), and fund of funds (FoF) that could invest in ETFs. These funds follow a benchmark and aim to deliver returns in tandem with the benchmark, subject to expense ratio and tracking errors.
Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%
Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over