 "exchange-traded funds")
Assets under management (AUM) for domestic exchange-traded funds (ETFs) have crossed the Rs 2-trillion mark.
In the past five months of FY21, AUM have surged more than Rs 60,000 crore, or 41 per cent.
A large portion of this was driven by the surge in share prices, while net inflows were also healthy at Rs 20,000 crore.
Further, more than half a million new ETF folios were opened. Market players said the huge number of actively-managed schemes in the large-cap space have failed to outperform
