Passive Funds Now 17% of India's Rs 74 Lakh Crore MF Industry

As of August 5th, 2025, passive funds have gained significant traction in India's mutual fund industry, now comprising 17% of the Rs 74 lakh crore market. This represents a seismic shift in the investment landscape, as more investors opt for low-cost index-tracking funds over actively managed products.

In the entertainment realm, Tamil superstar Ajith Kumar's 33-year journey in cinema has "changed lives," according to his wife Shalini, who is celebrating his iconic career. Ajith's enduring popularity and impact on his fans have solidified his status as a true legend of the Indian film industry.

On the business front, Torrent Electricals plans to invest over Rs 1,000 crore in the housing wire segment, signaling the company's strategic focus on this growing market. This investment comes as defense stocks are deemed overheated, with analysts advising investors to wait for a correction before entering the sector.