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Fincash » Mutual Funds India » Passive Funds

What are Passive Funds?

Updated on February 22, 2024 , 66692 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.

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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 2024 - 2025

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 (%)2023 (%)
Nippon India Index Fund - Sensex Plan Growth ₹36.7794
↓ -0.01
₹59810.811.823.514.315.819.5
LIC MF Index Fund Sensex Growth ₹136.512
↓ -0.03
₹8110.711.62313.915.519
ICICI Prudential Nifty Index Fund Growth ₹220.601
↓ -0.05
₹6,75912.314.427.815.516.220.7
Franklin India Index Fund Nifty Plan Growth ₹177.227
↓ -0.04
₹62412.114.227.215.215.720.2
SBI Nifty Index Fund Growth ₹193.991
↓ -0.05
₹6,15212.214.327.615.41620.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Feb 24

*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 10.2% since its launch.  Ranked 74 in Index Fund category.  Return for 2023 was 19.5% , 2022 was 5% and 2021 was 22.4% .

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 (23 Feb 24) ₹36.7794 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹598 on 31 Jan 24
Category Others - Index Fund
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.74
Sharpe Ratio 1.2
Information Ratio -8.76
Alpha Ratio -0.69
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 Jan 19₹10,000
31 Jan 20₹11,226
31 Jan 21₹12,854
31 Jan 22₹16,169
31 Jan 23₹16,685
31 Jan 24₹20,229

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 ₹447,579.
Net Profit of ₹147,579
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 23 Feb 24

DurationReturns
1 Month 4%
3 Month 10.8%
6 Month 11.8%
1 Year 23.5%
3 Year 14.3%
5 Year 15.8%
10 Year
15 Year
Since launch 10.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 19.5%
2022 5%
2021 22.4%
2020 16.6%
2019 14.2%
2018 6.2%
2017 27.9%
2016 2%
2015 -4.7%
2014 28.7%
Fund Manager information for Nippon India Index Fund - Sensex Plan
NameSinceTenure
Himanshu Mange23 Dec 230.11 Yr.

Data below for Nippon India Index Fund - Sensex Plan as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash0.01%
Equity99.99%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 500180
16%₹94 Cr548,611
↓ -23,063
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 10 | 500325
11%₹64 Cr249,443
↓ -11,818
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 10 | 532174
8%₹50 Cr506,596
↓ -23,296
Infosys Ltd (Technology)
Equity, Since 31 Oct 10 | 500209
7%₹40 Cr258,034
↓ -12,225
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | 500510
5%₹31 Cr87,400
↓ -4,132
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 500875
5%₹30 Cr640,125
↓ -29,981
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 10 | 532540
5%₹28 Cr74,065
↓ -3,511
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹23 Cr205,001
↓ -9,581
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
3%₹20 Cr103,451
↓ -4,897
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 10 | 532454
3%₹19 Cr182,838
↓ -7,720

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 13.6% since its launch.  Ranked 79 in Index Fund category.  Return for 2023 was 19% , 2022 was 4.6% and 2021 was 21.9% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (23 Feb 24) ₹136.512 ↓ -0.03   (-0.02 %)
Net Assets (Cr) ₹81 on 31 Jan 24
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.99
Sharpe Ratio 1.17
Information Ratio -8.33
Alpha Ratio -1.1
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 Jan 19₹10,000
31 Jan 20₹11,260
31 Jan 21₹12,822
31 Jan 22₹16,059
31 Jan 23₹16,511
31 Jan 24₹19,943

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 ₹447,579.
Net Profit of ₹147,579
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 23 Feb 24

DurationReturns
1 Month 4%
3 Month 10.7%
6 Month 11.6%
1 Year 23%
3 Year 13.9%
5 Year 15.5%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 19%
2022 4.6%
2021 21.9%
2020 15.9%
2019 14.6%
2018 5.6%
2017 27.4%
2016 1.6%
2015 -5.4%
2014 29.3%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Sumit Bhatnagar3 Oct 230.33 Yr.

Data below for LIC MF Index Fund Sensex as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash0.26%
Equity99.74%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 500180
16%₹13 Cr75,898
↑ 131
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | 500325
11%₹9 Cr34,510
↓ -96
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 532174
8%₹7 Cr69,991
↓ -320
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | 500209
7%₹6 Cr35,692
↓ -198
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | 500510
5%₹4 Cr12,103
↓ -29
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | 500875
5%₹4 Cr88,816
↑ 275
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | 532540
5%₹4 Cr10,269
↑ 15
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹3 Cr28,222
↓ -397
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
3%₹3 Cr14,227
↓ -189
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | 532454
3%₹3 Cr25,271
↓ -10

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 15.1% since its launch.  Ranked 71 in Index Fund category.  Return for 2023 was 20.7% , 2022 was 5.2% and 2021 was 24.9% .

Below is the key information for ICICI Prudential Nifty Index Fund

ICICI Prudential Nifty Index Fund
Growth
Launch Date 26 Feb 02
NAV (23 Feb 24) ₹220.601 ↓ -0.05   (-0.02 %)
Net Assets (Cr) ₹6,759 on 31 Jan 24
Category Others - Index Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.39
Sharpe Ratio 1.34
Information Ratio -8.46
Alpha Ratio -0.41
Min Investment 5,000
Min SIP Investment 100
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹11,124
31 Jan 21₹12,710
31 Jan 22₹16,265
31 Jan 23₹16,695
31 Jan 24₹20,670

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 ₹458,689.
Net Profit of ₹158,689
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 23 Feb 24

DurationReturns
1 Month 4.7%
3 Month 12.3%
6 Month 14.4%
1 Year 27.8%
3 Year 15.5%
5 Year 16.2%
10 Year
15 Year
Since launch 15.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 20.7%
2022 5.2%
2021 24.9%
2020 15.2%
2019 12.8%
2018 3.4%
2017 28.7%
2016 3.6%
2015 -3.6%
2014 32.5%
Fund Manager information for ICICI Prudential Nifty Index Fund
NameSinceTenure
Kayzad Eghlim1 Aug 0914.51 Yr.
Nishit Patel18 Jan 213.04 Yr.

Data below for ICICI Prudential Nifty Index Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Equity100.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | HDFCBANK
14%₹891 Cr5,213,810
↑ 331,129
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 05 | RELIANCE
9%₹607 Cr2,347,102
↑ 146,083
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 05 | ICICIBANK
7%₹485 Cr4,866,554
↑ 310,087
Infosys Ltd (Technology)
Equity, Since 31 Mar 05 | INFY
6%₹382 Cr2,476,523
↑ 154,158
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 12 | LT
4%₹289 Cr820,178
↑ 33,640
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
4%₹284 Cr6,145,683
↑ 384,619
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
4%₹267 Cr702,889
↑ 36,279
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | AXISBANK
3%₹212 Cr1,925,591
↑ 121,135
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 12 | KOTAKBANK
3%₹195 Cr1,020,459
↑ 63,545
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 09 | BHARTIARTL
3%₹181 Cr1,755,239
↑ 114,044

4. 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 13% since its launch.  Ranked 76 in Index Fund category.  Return for 2023 was 20.2% , 2022 was 4.9% and 2021 was 24.3% .

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 (23 Feb 24) ₹177.227 ↓ -0.04   (-0.02 %)
Net Assets (Cr) ₹624 on 31 Jan 24
Category Others - Index Fund
AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd
Rating
Risk Moderately High
Expense Ratio 0.67
Sharpe Ratio 1.33
Information Ratio -4.56
Alpha Ratio -0.58
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 Jan 19₹10,000
31 Jan 20₹11,042
31 Jan 21₹12,568
31 Jan 22₹16,004
31 Jan 23₹16,399
31 Jan 24₹20,224

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 ₹447,579.
Net Profit of ₹147,579
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 23 Feb 24

DurationReturns
1 Month 4.7%
3 Month 12.1%
6 Month 14.2%
1 Year 27.2%
3 Year 15.2%
5 Year 15.7%
10 Year
15 Year
Since launch 13%
Historical performance (Yearly) on absolute basis
YearReturns
2023 20.2%
2022 4.9%
2021 24.3%
2020 14.7%
2019 12%
2018 3.2%
2017 28.3%
2016 3.3%
2015 -3.6%
2014 31.2%
Fund Manager information for Franklin India Index Fund Nifty Plan
NameSinceTenure
Varun Sharma30 Nov 158.18 Yr.
Sandeep Manam18 Oct 212.29 Yr.

Data below for Franklin India Index Fund Nifty Plan as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash0.33%
Equity99.67%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFCBANK
13%₹84 Cr490,094
↑ 7,729
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
9%₹57 Cr220,196
↑ 2,755
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK
7%₹46 Cr457,350
↑ 7,212
Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY
6%₹36 Cr230,417
↑ 989
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
4%₹28 Cr78,948
↑ 1,245
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 11 | ITC
4%₹27 Cr578,260
↑ 9,119
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
4%₹25 Cr66,277
↑ 422
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | AXISBANK
3%₹20 Cr180,540
↑ 2,276
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
3%₹18 Cr96,049
↑ 1,515
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 04 | BHARTIARTL
3%₹17 Cr164,733
↑ 2,598

5. SBI Nifty Index Fund

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

SBI Nifty Index Fund is a Others - Index Fund fund was launched on 17 Jan 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.6% since its launch.  Ranked 75 in Index Fund category.  Return for 2023 was 20.7% , 2022 was 5.1% and 2021 was 24.7% .

Below is the key information for SBI Nifty Index Fund

SBI Nifty Index Fund
Growth
Launch Date 17 Jan 02
NAV (23 Feb 24) ₹193.991 ↓ -0.05   (-0.02 %)
Net Assets (Cr) ₹6,152 on 31 Jan 24
Category Others - Index Fund
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.5
Sharpe Ratio 1.33
Information Ratio -16.1
Alpha Ratio -0.54
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.2%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 19₹10,000
31 Jan 20₹11,089
31 Jan 21₹12,607
31 Jan 22₹16,108
31 Jan 23₹16,528
31 Jan 24₹20,441

SBI 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 ₹447,579.
Net Profit of ₹147,579
Invest Now

Returns for SBI 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 23 Feb 24

DurationReturns
1 Month 4.7%
3 Month 12.2%
6 Month 14.3%
1 Year 27.6%
3 Year 15.4%
5 Year 16%
10 Year
15 Year
Since launch 14.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 20.7%
2022 5.1%
2021 24.7%
2020 14.6%
2019 12.5%
2018 3.8%
2017 29.1%
2016 3.4%
2015 -4.2%
2014 30.5%
Fund Manager information for SBI Nifty Index Fund
NameSinceTenure
Raviprakash Sharma1 Feb 1113.01 Yr.
Mohit Jain30 Nov 176.18 Yr.

Data below for SBI Nifty Index Fund as on 31 Jan 24

Asset Allocation
Asset ClassValue
Cash0.15%
Equity99.85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 03 | HDFCBANK
14%₹800 Cr4,681,560
↑ 279,379
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
9%₹545 Cr2,107,499
↑ 123,071
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
7%₹435 Cr4,369,754
↑ 261,673
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
6%₹343 Cr2,223,708
↑ 129,889
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
4%₹260 Cr736,451
↑ 27,315
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
4%₹255 Cr5,518,304
↑ 324,164
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
4%₹239 Cr631,136
↑ 30,125
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | AXISBANK
3%₹191 Cr1,729,017
↑ 102,131
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | KOTAKBANK
3%₹175 Cr916,287
↑ 53,541
Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 04 | BHARTIARTL
3%₹163 Cr1,576,057
↑ 96,363

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.
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