fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds India » Passive Funds

What are Passive Funds?

Updated on April 15, 2021 , 6271 views

Passive funds are a type of funds that consistently tracks a market index to allow a fund get maximum gains. It invests in a portfolio that replicates a market index like Nifty, the Sensex, etc. All the securities along with their proportion in the portfolio will be the same as the index the fund is tracking.

Passive Funds

In passive funds, the fund manager does not actively choose what stocks will make up the fund. This is one of the reasons passive funds are easier to invest than active funds. Investors buy passive funds when they want their returns to be in line with the market. These funds are low-cost funds as there are no costs involved in selecting stocks and researching.

Types of Passive Funds

Passive funds are of two types, such as -

1. Index Funds

Index Funds are an open-ended scheme where the investors buy and redeem units of the Mutual Funds at the net-asset values. In other words, the performance of an index fund is dependent on the performance of a particular index. Index funds contain shares in a similar proportion as they are in a particular index.

2. Exchange Traded Funds (ETFs)

The units of exchange-traded funds are randomly listed on a stock exchange. Investors buy and sell units at real-time prices through Demat account.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Difference Between Passive Funds and Active Funds

There are specific differences in the way they function and affect the investor.

The tabular differentiates between passive funds and active funds:

Passive Funds Active Funds
The fund manager does not actively participate in selecting funds Fund managers commit to a lot of research and take steps accordingly to select funds in various securities based on market performance
Costs less Costs more
Popularity because of the low-expense ratio Costlier management makes it less popular

How Passive Funds is Gaining Trust?

In 2019, Indian investors found that passive mutual funds were trustworthy. The total assets managed by passive funds, including gold and ETFs along with other index funds were huge. It was found that it stood at Rs. 177,181 crore on November 30, 2019.

The Association of Mutual Funds in India (AMFI) stated that index funds had gathered an AUM of Rs. 7717 crore on November 2019. Passive large-cap ETFs offer returns of 11.53% compared to actively managed Large cap funds that offered 10.19%.

gold ETFs stood at Rs. 5,540.40 crore as of November 2019. This comes in comparison to Rs. 4,571 crore in December 2018. The AUM of other ETFs stood at Rs. 1,63,923.66 crore, as compared to Rs. 1,07,363 crore at the end of 2018.

A large part of 2019 witnessed that large-cap schemes were at the top of return charts. Even in 2020, nine out of the top 15 large-cap schemes are passive funds.

Passive Funds Amid Coronavirus Pandemic

With the current situation across the globe, the financial markets are facing issues of deep concern. While investors were willing to take a risk in the past, today’s conditions have pushed the majority of the investors to look for a safe haven. This means they are looking for an investment that will yield higher returns or at least stable returns.

Several investors are now looking to invest through passive modes such as exchange-traded funds or index funds. As per AMFI, Inflow into the index funds faced an all-time high of Rs. 2076.5 crore in March 2020.

Best Passive Funds 2021 - 2022

With the growing popularity of passive mutual funds, the chances of gaining higher returns are higher. Here are the best passive mutual funds you can choose to invest:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Nippon India Index Fund - Sensex Plan Growth ₹24.1523
↑ 0.01
₹128-0.522.159.912.71416.6
LIC MF Index Fund Sensex Growth ₹90.5988
↑ 0.04
₹31-0.621.758.912.613.615.9
ICICI Prudential Nifty Index Fund Growth ₹142.115
↑ 0.35
₹1,3751.324.462.61213.615.2
UTI Nifty Index Fund Growth ₹96.6323
↑ 0.24
₹3,2921.524.763.812.514.215.5
Franklin India Index Fund Nifty Plan Growth ₹115.327
↑ 0.27
₹3881.32461.911.513.214.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 21

*Below is the list for Index Mutual Funds having atleast 15 Crore or more in Net Assets.

1. Nippon India Index Fund - Sensex Plan

The primary investment objective of the scheme is to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors.

Nippon India Index Fund - Sensex Plan is a Others - Index Fund fund was launched on 28 Sep 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 8.7% since its launch.  Ranked 74 in Index Fund category.  Return for 2020 was 16.6% , 2019 was 14.2% and 2018 was 6.2% .

Below is the key information for Nippon India Index Fund - Sensex Plan

Nippon India Index Fund - Sensex Plan
Growth
Launch Date 28 Sep 10
NAV (16 Apr 21) ₹24.1523 ↑ 0.01   (0.06 %)
Net Assets (Cr) ₹128 on 28 Feb 21
Category Others - Index Fund
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.81
Sharpe Ratio 0.82
Information Ratio -2.54
Alpha Ratio -0.3
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-7 Days (0.25%),7 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,684
31 Mar 18₹13,056
31 Mar 19₹15,312
31 Mar 20₹11,753
31 Mar 21₹19,740

Nippon India Index Fund - Sensex Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Nippon India Index Fund - Sensex Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 21

DurationReturns
1 Month -3.1%
3 Month -0.5%
6 Month 22.1%
1 Year 59.9%
3 Year 12.7%
5 Year 14%
10 Year
15 Year
Since launch 8.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 16.6%
2019 14.2%
2018 6.2%
2017 27.9%
2016 2%
2015 -4.7%
2014 28.7%
2013 9.8%
2012 27.3%
2011 -25%
Fund Manager information for Nippon India Index Fund - Sensex Plan
NameSinceTenure
Mehul Dama6 Nov 182.4 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash0.94%
Equity99.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Oct 10 | RELIANCE
12%₹16 Cr76,347
↓ -3,059
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFCBANK
12%₹15 Cr96,097
↓ -3,850
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | INFY
8%₹11 Cr86,501
↓ -3,466
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Oct 10 | HDFC
8%₹11 Cr42,494
↓ -1,702
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | ICICIBANK
8%₹10 Cr162,941
↓ -6,528
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | TCS
6%₹7 Cr24,811
↓ -994
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
4%₹5 Cr30,856
↓ -1,236
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹5 Cr62,158
↓ -2,490
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 10 | 500696
4%₹4 Cr21,084
↓ -844
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹4 Cr206,303
↓ -8,265

2. LIC MF Index Fund Sensex

The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors.

LIC MF Index Fund Sensex is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.3% since its launch.  Ranked 79 in Index Fund category.  Return for 2020 was 15.9% , 2019 was 14.6% and 2018 was 5.6% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (16 Apr 21) ₹90.5988 ↑ 0.04   (0.05 %)
Net Assets (Cr) ₹31 on 28 Feb 21
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 1.03
Sharpe Ratio 0.8
Information Ratio -3.57
Alpha Ratio -0.93
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,642
31 Mar 18₹12,893
31 Mar 19₹15,094
31 Mar 20₹11,609
31 Mar 21₹19,409

LIC MF Index Fund Sensex SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for LIC MF Index Fund Sensex

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 21

DurationReturns
1 Month -3.2%
3 Month -0.6%
6 Month 21.7%
1 Year 58.9%
3 Year 12.6%
5 Year 13.6%
10 Year
15 Year
Since launch 13.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15.9%
2019 14.6%
2018 5.6%
2017 27.4%
2016 1.6%
2015 -5.4%
2014 29.3%
2013 9.2%
2012 26.3%
2011 -24.4%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Ritu Modi1 Nov 191.41 Yr.

Data below for LIC MF Index Fund Sensex as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash0.47%
Equity99.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 09 | RELIANCE
13%₹4 Cr18,591
↓ -334
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
12%₹4 Cr23,418
↓ -398
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
9%₹3 Cr21,051
↓ -322
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFC
8%₹3 Cr10,326
↓ -159
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
8%₹2 Cr39,755
↓ -607
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS
6%₹2 Cr6,025
↓ -93
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
4%₹1 Cr7,522
↓ -115
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 11 | 500696
4%₹1 Cr5,147
↓ -80
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹1 Cr15,063
↓ -231
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC
3%₹1 Cr49,808
↓ -767

3. ICICI Prudential Nifty Index Fund

(Erstwhile ICICI Prudential Nifty Index Fund)

An open-ended index linked growth scheme seeking to track the returns of the S&P CNX Nifty index through investment in a basket of stocks drawn from the constituents of the Nifty.

ICICI Prudential Nifty Index Fund is a Others - Index Fund fund was launched on 26 Feb 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.9% since its launch.  Ranked 71 in Index Fund category.  Return for 2020 was 15.2% , 2019 was 12.8% and 2018 was 3.4% .

Below is the key information for ICICI Prudential Nifty Index Fund

ICICI Prudential Nifty Index Fund
Growth
Launch Date 26 Feb 02
NAV (16 Apr 21) ₹142.115 ↑ 0.35   (0.25 %)
Net Assets (Cr) ₹1,375 on 28 Feb 21
Category Others - Index Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.46
Sharpe Ratio 0.84
Information Ratio -6.14
Alpha Ratio -0.86
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,882
31 Mar 18₹13,119
31 Mar 19₹15,108
31 Mar 20₹11,272
31 Mar 21₹19,276

ICICI Prudential Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for ICICI Prudential Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 21

DurationReturns
1 Month -2%
3 Month 1.3%
6 Month 24.4%
1 Year 62.6%
3 Year 12%
5 Year 13.6%
10 Year
15 Year
Since launch 14.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15.2%
2019 12.8%
2018 3.4%
2017 28.7%
2016 3.6%
2015 -3.6%
2014 32.5%
2013 7.9%
2012 26.5%
2011 -23.6%
Fund Manager information for ICICI Prudential Nifty Index Fund
NameSinceTenure
Kayzad Eghlim1 Aug 0911.67 Yr.
Nishit Patel18 Jan 210.2 Yr.

Data below for ICICI Prudential Nifty Index Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash0.54%
Equity99.46%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Mar 05 | RELIANCE
11%₹147 Cr706,303
↑ 15,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | HDFCBANK
11%₹146 Cr949,818
↑ 20,186
Infosys Ltd (Technology)
Equity, Since 31 Mar 05 | INFY
7%₹101 Cr809,003
↑ 17,193
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹100 Cr392,325
↑ 8,342
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | ICICIBANK
7%₹90 Cr1,506,641
↑ 32,029
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
5%₹66 Cr229,529
↑ 4,876
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | KOTAKBANK
4%₹57 Cr319,972
↑ 6,795
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Mar 05 | 500696
3%₹42 Cr195,048
↑ 4,141
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹39 Cr541,508
↑ 11,501
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹39 Cr1,908,564
↑ 40,537

4. UTI Nifty Index Fund

The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty 50 by “passive” investment. The scheme will be managed by replicating the index in the same weightage as in the Nifty 50 Index with the intention of minimising the performance differences between the scheme and the Nifty 50 Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scrips/weights as and when the same are altered in the Nifty 50 Index.

UTI Nifty Index Fund is a Others - Index Fund fund was launched on 6 Mar 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.3% since its launch.  Ranked 68 in Index Fund category.  Return for 2020 was 15.5% , 2019 was 13.2% and 2018 was 4.3% .

Below is the key information for UTI Nifty Index Fund

UTI Nifty Index Fund
Growth
Launch Date 6 Mar 00
NAV (16 Apr 21) ₹96.6323 ↑ 0.24   (0.25 %)
Net Assets (Cr) ₹3,292 on 28 Feb 21
Category Others - Index Fund
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 0.17
Sharpe Ratio 0.84
Information Ratio -2.62
Alpha Ratio -0.63
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,951
31 Mar 18₹13,325
31 Mar 19₹15,456
31 Mar 20₹11,530
31 Mar 21₹19,845

UTI Nifty Index Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for UTI Nifty Index Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 21

DurationReturns
1 Month -1.9%
3 Month 1.5%
6 Month 24.7%
1 Year 63.8%
3 Year 12.5%
5 Year 14.2%
10 Year
15 Year
Since launch 11.3%
Historical performance (Yearly) on absolute basis
YearReturns
2020 15.5%
2019 13.2%
2018 4.3%
2017 29.7%
2016 4%
2015 -3.3%
2014 31.8%
2013 6.9%
2012 28.3%
2011 -24.8%
Fund Manager information for UTI Nifty Index Fund
NameSinceTenure
Sharwan Kumar Goyal1 May 191.92 Yr.

Data below for UTI Nifty Index Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Equity101.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 03 | RELIANCE
11%₹361 Cr1,729,226
↑ 21,972
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
11%₹357 Cr2,327,151
↑ 29,573
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
8%₹248 Cr1,982,037
↑ 25,190
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 12 | HDFC
7%₹244 Cr961,187
↑ 12,219
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
7%₹221 Cr3,692,242
↑ 46,904
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹163 Cr561,948
↑ 7,140
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | KOTAKBANK
4%₹140 Cr783,576
↑ 9,960
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | 500696
3%₹102 Cr477,530
↑ 6,074
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹96 Cr1,326,182
↑ 16,835
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
3%₹95 Cr4,672,744
↑ 59,359

5. Franklin India Index Fund Nifty Plan

The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSENifty Plan

Franklin India Index Fund Nifty Plan is a Others - Index Fund fund was launched on 4 Aug 00. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.5% since its launch.  Ranked 76 in Index Fund category.  Return for 2020 was 14.7% , 2019 was 12% and 2018 was 3.2% .

Below is the key information for Franklin India Index Fund Nifty Plan

Franklin India Index Fund Nifty Plan
Growth
Launch Date 4 Aug 00
NAV (16 Apr 21) ₹115.327 ↑ 0.27   (0.24 %)
Net Assets (Cr) ₹388 on 28 Feb 21
Category Others - Index Fund
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 1
Sharpe Ratio 0.83
Information Ratio -3.61
Alpha Ratio -1.26
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-30 Days (1%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹11,869
31 Mar 18₹13,069
31 Mar 19₹15,006
31 Mar 20₹11,160
31 Mar 21₹18,935

Franklin India Index Fund Nifty Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for Franklin India Index Fund Nifty Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 21

DurationReturns
1 Month -2%
3 Month 1.3%
6 Month 24%
1 Year 61.9%
3 Year 11.5%
5 Year 13.2%
10 Year
15 Year
Since launch 12.5%
Historical performance (Yearly) on absolute basis
YearReturns
2020 14.7%
2019 12%
2018 3.2%
2017 28.3%
2016 3.3%
2015 -3.6%
2014 31.2%
2013 6.9%
2012 27.7%
2011 -24.4%
Fund Manager information for Franklin India Index Fund Nifty Plan
NameSinceTenure
Varun Sharma30 Nov 155.34 Yr.
Mayank Bukrediwala23 Aug 200.6 Yr.

Data below for Franklin India Index Fund Nifty Plan as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash0.49%
Equity99.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 03 | RELIANCE
11%₹42 Cr200,903
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFCBANK
11%₹42 Cr271,286
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
7%₹29 Cr228,375
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFC
7%₹28 Cr111,903
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK
7%₹26 Cr430,892
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
5%₹19 Cr64,223
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
4%₹16 Cr91,938
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | 500696
3%₹12 Cr55,978
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | 532215
3%₹11 Cr153,822
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 11 | ITC
3%₹11 Cr542,707

Conclusion

Passive funds are definitely proving to be a ray of hope for investors, especially in the current financial crisis. Before Investing in any passive mutual fund, make sure to read all schemes related documents carefully. This will help you gain an understanding of what to expect and what to give along with a sense of security.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
POST A COMMENT