Mumbai, July 02: Tata Asset Management launched its comprehensive industry booklet, ‘Passive Ki Pathshala’, at the 5th edition of the Moneycontrol Mutual Fund Summit held at St. Regis, Mumbai on June 30, 2026. The booklet, designed to decode the rapidly expanding landscape of passive investments, was officially unveiled by Hemant Kumar, Chief Distribution and Digital Officer at Tata Asset Management, alongside Shri Manoj Kumar, Executive Director, SEBI.
‘Passive Ki Pathshala’ booklet highlights a massive shift in the Indian investment ecosystem, revealing that Passive Assets Under Management (AUM) have witnessed an 18x increase over the past seven years growing from ₹0.8 lakh crore in 2018 to ₹14.6 lakh crore in March 2026. As of March 2026, passive funds—which encompass Index Funds, Exchange Traded Funds (ETFs), and Fund of Funds (FoFs) —have reached ₹14.63 lakh crore, now accounting for 18% of the total mutual fund industry AUM in India. This accelerated growth is primarily driven by rising investor awareness, product innovation, and the structural benefits of passive funds, such as simplicity, diversification, lower expense ratios, unbiased stock selection, enabling broader participation across markets.
On the launch Hemant Kumar, Chief Distribution and Digital Officer, Tata Asset Management said, “With more than 300 schemes and the passive funds category growing by 37% in FY26, the focus now should be on strengthening the core by enabling and educating distributors and investors. ‘Passive Ki Pathshala’ is an initiative in this direction, and we hope such efforts will support the industry’s journey to grow the mutual fund investor base from 5 crore to 50 crore by helping distributors and investors gain better knowledge. With this initiative our aim is to simplify the fundamentals of passive investing, help investors build confidence and make informed investment decisions.”
With the launch of the ‘Passive Ki Pathshala’, an investor education and awareness initiative, Tata Asset Management reaffirms its commitment to financial empowerment. By demystifying index funds, ETFs, and Fund of Funds, the company aims to help Indian investors navigate the markets with greater clarity and build resilient, future-ready portfolios.