Over the past two years, exchange-traded funds (ETFs) offering gold and silver have attracted significant attention from retail investors, emerging as a convenient route to gain exposure to precious metals. At the same time, ETFs that track major equity indices have also found a place in individual portfolios, as passive investing gathers pace in India. This shift is reflected in the sharp rise in passive mutual fund assets, which have grown more than five-fold from about ₹2.8 lakh crore in February 2021 to ...