Passive funds logged a strong 67% monthly rise in inflows to Rs 19,056 crore in September, driven by record investments in gold ETFs. Total AUM grew 3.9% to Rs 12.99 lakh crore, marking the 59th consecutive month of net inflows.
Rising geopolitics and indigenisation push place India’s defence sector in a structural growth cycle
India’s defence sector is experiencing a new growth phase driven by rising global security concerns, government initiatives prioritising domestic manufacturing, and a strong procurement pipeline.