Mumbai, April 9 -- NSE Indices on Thursday organised a press meet in Mumbai, where it elaborated on its outlook for passive investing in India. It stated that the total Assets Under Management (AUM) in passive investments surged from Rs 1.63 lakh crore in 2020 to approximately Rs 15 lakh crore in 2026.

At the meet, Aniruddha Chatterjee, CEO of NSE Indices, discussed details regarding the evolution of index investing in India and the specific launch of the Nifty India FPI 150 Index.

Speaking to ANI, Chatterjee said, "Today, we believe that passive investment has become mainstream and has entered a phase where people view it as part of their overall financial solutions. It is our responsibility to provide a framework that investors can un...