Of late, AMCs have been filing a flurry of NFOs for index-based funds in the thematic space. Nippon India S&P EV Index Fund, Tata MSCI Domestic Digital Opportunities Index Fund, Mirae Asset Electric Autonomous Vehicle ETF Fund of Fund, Tata New Age Digital ETF and Mirae Asset Nifty India Manufacturing ETF, are among recent filings. Clearly, AMCs are looking to innovate in the passive space through exotic offerings. But should you bite?

For many

Read more: EconomicTimes

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