Passive funds saw a 5.2% AUM increase in October, reaching Rs 13.67 lakh crore, driven by market surges and Rs 16,668 crore in fresh inflows. Gold ETFs led with Rs 7,743 crore, attracting investors seeking safe havens amid global uncertainty. This marks the 60th consecutive month of positive inflows.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts