Passive fund assets will grow by 6 times from the current levels of Rs 4 trillion to Rs 25 trillion by 2025, Finity, an investment platform has projected.
In the last five years, the Indian passive fund assets have grown 18 times from just Rs 22,409 crore in March 2016.
Underperformance of active funds, low costs and regulatory policies have led to this growth, Finity said.