Passive Schemes Log Net Inflows of ₹15,385 Crore in November 2025, Led by ETFs

In November 2025, passive mutual fund schemes experienced total net inflows of ₹15,385 crore, according to the latest AMFI data.  

Non-commodity Exchange Traded Funds (ETFs) contributed the most, followed by Commodity ETFs, Index funds and Overseas Fund of Funds (FoFs). 

Passive Fund Inflows in November 2025 

The passive fund segment captured net inflows worth ₹15,385 crore in November 2025. Among this, non-commodity ETFs received the highest inflows of ₹9,721 crore.  

Commodity ETFs, including gold and silver ETFs, attracted net inflows of ₹3,742 crore. Index funds followed with ₹1,727 crore, while overseas FoFs recorded net inflows of ₹196 crore for the month. 

Asset Growth Across Passive Categories 

Total AUM for passive funds rose to ₹13,82,886 crore in November 2025 from ₹13,54,506 crore in October 2025, reflecting a 2.10% monthly increase.  

Non-commodity ETFs saw an asset gain of ₹18,608 crore, pushing their AUM to ₹9,19,061 crore. Index funds added ₹5,592 crore, bringing their AUM to ₹3,22,517 crore. 

Read More: Upcoming NFO: The Wealth Company Mutual Fund Filed Draft for Gold Silver Passive FOF! 

Commodity ETFs Show Highest Percentage Growth 

Commodity ETFs, comprising gold and silver ETFs, witnessed a percentage-wise increase of 3.85% in AUM. Their total assets rose ₹3,932 crore to ₹1,06,021 crore. Non-commodity ETFs grew by 2.07%, while index funds showed a 1.76% increase in assets during the same period. 

Modest Growth in Overseas Fund of Funds 

Overseas FoFs posted an asset rise of ₹249 crore, with AUM reaching ₹35,288 crore in November, up from ₹35,039 crore in October. This represented a 0.71% growth, the least among all passive fund categories. 

Conclusion 

Passive mutual fund schemes continued to gain traction in November 2025, recording ₹15,385 crore in net inflows. ETFs, particularly non-commodity ones, were the key contributors to this increase, supported by steady growth in index funds and commodity ETFs. All passive categories witnessed AUM expansions. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.