passive fund

Howard Hughes transformed his vast fortune into the Howard Hughes Medical Institute. This institute became a lasting foundation for biomedical research. It supports scientists and encourages early engagement in discovery. The institute's programs train future medical researchers. They also involve undergraduates in hands-on scientific projects. This approach ensures a continuous flow of innovation for human knowledge.

Opposition is mounting against SpaceX's proposed IPO due to concerns over Elon Musk's significant control and the company's governance structure. Major pension funds and U.S. public investment officials have raised red flags, warning of weakened transparency and limited shareholder protections. The American Federation of Teachers has also urged the SEC to scrutinize SpaceX's framework before its public trading.

The NEET-UG 2026 controversy, marked by alleged paper leaks and cancellations, has caused widespread anger and helplessness among students and parents. The emotional toll is significant, with reports of distress and even a young aspirant's death, highlighting the profound impact of systemic failures on young lives and futures.

Apple is reportedly testing iPhone, iPad, and Mac processors with Intel's advanced chip manufacturing process, marking a potential shift after a decade. While TSMC remains the dominant supplier, this move signals Apple's strategy to diversify and cultivate new partners amidst growing demand for AI chips. Intel faces significant challenges in meeting Apple's stringent requirements.

In a significant crackdown on financial fraud, the Enforcement Directorate has immobilized assets exceeding Rs 1 crore linked to a notorious Ponzi scheme disguised as the 'Global Media App.' This online con tricked investors into believing they could earn substantial returns simply by watching advertisements.

India's skills conversation is shifting from identifying youth deficits to systemic improvements. Leaders discussed building smoother education-to-employment pathways, emphasizing collaboration between government, industry, and nonprofits. Emerging solutions focus on hyper-local training and early career guidance in schools to unlock youth potential.

Jury selection has begun in Musk v. Altman, the federal trial pitting OpenAI's billionaire co-founder against the company he helped build. Elon Musk alleges Sam Altman ran a "long con"—using nonprofit promises to secure funding and talent before quietly pivoting to for-profit. He's seeking up to $150 billion in damages and wants Altman removed. OpenAI calls it jealousy. The verdict could reshape AI's future.

Women are actively investing in India, moving beyond traditional savings. While participation in mutual funds and equities is rising, independent control over financial decisions, particularly tax planning, is still developing. Younger women show greater comfort with digital platforms and goal-based investing. This shift signifies a growing financial awareness and engagement across the nation.

Precious metals ETFs saw significant investor interest in September, attracting over 71% of passive fund inflows amid global market jitters. Gold and silver ETFs collectively drew substantial investments, highlighting their appeal as safe havens. Meanwhile, equity funds continued their strong inflow streak, and SIPs reached an all-time high, showcasing robust retail confidence in the Indian mutual fund market.

India's mutual fund sector is seeing a significant shift towards passive investing, with investors favoring long-term, buy-and-hold strategies. passive funds, tracking market indices, have surged in popularity due to their low costs, with their share in AUM rising to 17.1% by September 2025. Despite a recent moderation in inflows, long-term prospects for passive investing remain strong.

Indian asset managers are launching even more passive products as a $558 billion industry shift is brought about by an oversupply of active funds and their inability to outperform benchmark returns. Additionally, investors can save money by investing in passive funds, which mimic an index rather than active funds, the composition of which is chosen by a fund manager. According to Value Research, fund houses have introduced 23 passive funds so far this year, more than double the 10 introduced in 2019 and less than half the 45 introduced in 2022.