The total net assets of the different types of index mutual funds in the United States generally increased, albeit with some fluctuation, from 2000 to 2023. In 2023, the net assets of the S&P 500 index amounted to a value of approximately *** trillion U.S. dollars. In that same year, the net assets of other domestic equity and world equity amounted to approximately *** trillion and *** billion U.S. dollars, respectively. The total net assets of hybrid and bond index funds amounted to a value of approximately *********** U.S. dollars in 2023.

Broad Based Index Fund Market Outlook

The global broad-based index fund market size was valued at USD 5.3 trillion in 2023 and is projected to reach USD 11.2 trillion by 2032, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period. This substantial growth is driven by increasing investor interest in passive investment strategies, along with the rising emphasis on cost-effective and diversified portfolio management.

The surge in demand for broad-based index funds can be attributed to several key growth factors. Firstly, the growing awareness and education about the benefits of passive investing over active management have played a significant role. Investors are increasingly leaning towards index funds due to their lower expense ratios, tax efficiency, and the ability to provide broad market exposure with minimal effort. Secondly, technological advancements and the rise of fintech have made these funds more accessible to a wider audience through online platforms and robo-advisors, democratizing investment opportunities for retail investors globally. Lastly, regulatory changes in many regions are encouraging greater transparency and lower fees in the financial services industry, which further bolsters the attractiveness of index funds as a preferred investment vehicle.

The popularity of broad-based index funds is also bolstered by their performance resilience during market volatility. Historical data indicates that while actively managed funds often struggle to outperform the market consistently, index funds tend to provide more stable returns over the long term. This trend has been particularly noticeable during economic downturns and periods of market uncertainty, where investors seek the relative safety and predictability offered by broad-based diversified portfolios. Additionally, the increased focus on retirement planning and the shift from defined benefit to defined contribution retirement plans have spurred the growth of index funds as they are often the preferred choice in retirement accounts due to their long-term growth potential and lower costs.

The regional outlook for the broad-based index fund market highlights significant growth potential across various geographies. North America, particularly the United States, remains the largest market for index funds, driven by the deep-rooted culture of investing and a well-established financial infrastructure. Europe follows closely, with growth fueled by regulatory support and increasing investor awareness. The Asia Pacific region is expected to witness the highest growth rate, propelled by the burgeoning middle class, rising disposable incomes, and increasing penetration of financial services. Latin America and the Middle East & Africa are also anticipated to demonstrate steady growth as financial markets in these regions continue to develop and mature.

Mutual Funds Sales have seen a notable uptick as investors increasingly seek diversified investment options that align with their financial goals. This trend is particularly evident in the context of broad-based index funds, where mutual funds offer a structured approach to investing in a wide array of assets. The appeal of mutual funds lies in their ability to pool resources from multiple investors, enabling access to a diversified portfolio that might otherwise be unattainable for individual investors. This collective investment model not only reduces risk but also provides investors with professional management and oversight. As the financial landscape evolves, mutual funds continue to play a crucial role in facilitating access to index funds, thereby driving sales and expanding their market presence.

Fund Type Analysis

Equity index funds represent a significant portion of the broad-based index fund market. These funds track a variety of stock indices, such as the S&P 500, NASDAQ, and MSCI World Index, providing investors with exposure to a wide array of equity markets. The appeal of equity index funds lies in their ability to offer broad market diversification at a low cost. Investors benefit from the lower fees associated with passive management and the reduced risk of individual stock selection. As a result, equity index funds have become a staple in both retail and institutional portfolios, driving robust demand and growth in this segment.

Bond index funds, though smaller in market share compared to their equity counterparts, are gaining traction as investors seek stable income and risk diversifi

According to Cognitive Market Research, the global index fund market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The insurance fund held the highest index fund market revenue share in 2024. Market Dynamics of Index Fund Market Key Drivers for Index Fund Market Increased Awareness and Education About Investing to Increase the Demand Globally Increased awareness and education about investing have driven the growth of the index fund market. As people become more informed about financial principles, they realize the advantages of index funds, including low expenses, diversification, and transparency. Understanding the advantages of passive investing over operational management fosters confidence in index funds as dedicated vehicles for long-term wealth accumulation. This heightened attention drives greater participation in the market, shaping it into a key element of many investors' portfolios and contributing to its ongoing expansion. Changes in Regulatory Policies, Such As Tax Laws Or Securities Regulations to Propel Market Growth Changes in regulatory policies, like alterations in tax laws or securities regulations, can profoundly impact the index fund market. Shifts in tax codes may affect investors' after-tax returns, influencing their investment decisions. Similarly, changes in securities regulations can influence the structure and function of index funds, potentially limiting their attractiveness or compliance needs. Such changes can lead to changes in investor behavior, fund implementation, and market dynamics, highlighting the interconnectedness between regulatory conditions and the index fund market's strength and development trajectory?. Restraint Factor for the Index Fund Market Changes in Financial Regulations to Limit the Sales Changes in financial regulations can significantly impact the index fund market. Stricter regulatory requirements may improve compliance expenses for fund managers, potentially directing investors to higher fees. Additionally, regulations that restrict certain types of investments or mandate more comprehensive reporting can decrease the flexibility and attractiveness of index funds. Conversely, regulations encouraging transparency and investor protection can increase confidence and participation in the market. Impact of Covid-19 on the Index Fund Market The COVID-19 pandemic significantly impacted the index fund market, initially causing volatility and sharp drops. However, it also revved a shift towards passive investing due to market anticipation and the search for stability. Investors flocked to index funds for their low expenses, diversification, and constant performance. The subsequent market recovery, fueled by monetary and fiscal stimulation, further expanded index fund assets. Overall, the pandemic highlighted the resilience of index funds and solidified their attraction as a core investment strategy during times of economic uncertainty. Introduction of the Index Fund Market An index fund is a type of mutual fund or ETF designed to replicate the performance of a specific financial market index, delivering low costs, broad diversification, and passive investment management. Growing disposable incomes in developing regions significantly boost the index fund market. As individuals in these areas gain more financial stability, they seek investment opportunities to increase their wealth. Index funds, with their low expenses, diversification, and comfort of access, become attractive options for t...

The global broad-based index fund market is experiencing robust growth, driven by increasing investor preference for passive investment strategies and the simplicity of index funds. The market's size, while not explicitly stated, can be reasonably estimated based on the presence of numerous large global players like Vanguard, BlackRock, and Fidelity, coupled with the substantial market penetration of index funds in developed markets. Assuming a global market size of approximately $5 trillion in 2025 (a conservative estimate given the scale of these players and the overall asset under management in index funds globally), and a CAGR (Compound Annual Growth Rate) of, say, 8% (a figure reflecting recent market trends and sustainable growth), the market is projected to reach significant proportions by 2033. Key drivers include the lower expense ratios compared to actively managed funds, the diversification benefits offered by broad-based indexes, and the increasing accessibility of these funds through online brokerage platforms. The rising popularity of exchange-traded funds (ETFs), which often track broad-based indexes, further fuels this growth. Despite the positive outlook, certain restraints exist. Market volatility, particularly during economic downturns, can impact investor sentiment. Regulatory changes and increased competition among fund providers also present challenges. Furthermore, educational efforts are crucial to address potential investor misconceptions regarding passive versus active investment strategies. Market segmentation will see growth in both geographic regions (with developing markets representing a considerable opportunity) and specific index types (e.g., sector-specific index funds). Leading players like Vanguard, BlackRock, and Fidelity are expected to maintain their dominance due to their brand recognition, established infrastructure, and economies of scale. However, increased competition from regional and niche players is likely, particularly in rapidly growing markets such as Asia.

Graph and download economic data for Producer Price Index by Industry: Portfolio Management and Investment Advice: Mutual Fund and Exchange Traded Fund Management (PCU5239205239201) from Dec 1999 to May 2025 about mutual funds, management, PPI, industry, inflation, price index, indexes, price, and USA.

The number of the different types of index mutual funds in the United States varied greatly, with each category displaying a different pattern from 2000 to 2023. The number of S&P 500 index funds generally decreased during the period under observation, while the number of other domestic equity funds generally increased. The number of world equity funds and hybrid and bond funds also generally increased during the time period, although to a smaller degree and with some fluctuation. At the end of 2023, there were ** S&P 500 funds, *** other domestic equity funds, ** world equity funds, and ** hybrid and bond funds.

The global Trading Open-End Index Fund market exhibits robust growth, driven by increasing investor preference for passive investment strategies and the diversification benefits offered by index funds. The market's size in 2025 is estimated at $500 billion, reflecting a Compound Annual Growth Rate (CAGR) of approximately 12% from 2019. This growth is fueled by several key factors, including the rising popularity of Exchange-Traded Funds (ETFs) which are a type of open-end index fund, the increasing accessibility of investment platforms, and a growing awareness among retail and institutional investors about the advantages of cost-effective index fund investing compared to actively managed funds. Technological advancements, such as robo-advisors and algorithmic trading, further contribute to market expansion by lowering barriers to entry and enhancing efficiency. While regulatory changes and market volatility can pose challenges, the long-term outlook for the Trading Open-End Index Fund market remains positive, with significant potential for expansion in developing economies where investment awareness is rapidly growing. Leading players like BlackRock (iShares), Nomura, Nikko, and Daiwa, along with several other prominent asset management firms in Asia and beyond, are actively shaping the market landscape through product innovation and strategic partnerships. The forecast period from 2025 to 2033 projects a continued upward trajectory for the market, with a CAGR projection remaining above 10%. Regional variations are expected, with North America and Europe maintaining substantial market shares, while Asia-Pacific is anticipated to witness the fastest growth rate due to its expanding middle class and increasing participation in global capital markets. Competitive pressures are expected to intensify, with existing players focusing on enhancing their product offerings, expanding their distribution networks, and leveraging technological innovations to gain a competitive edge. The market will likely see further consolidation through mergers and acquisitions as firms seek to optimize their scale and reach. Segmentation within the market is likely to become more nuanced, with specialization emerging around specific index types (e.g., sector-specific, thematic, or sustainable indices).

The global equity fund sales market is experiencing robust growth, driven by increasing investor interest in diversified portfolios and the potential for higher returns compared to other asset classes. While precise figures for market size and CAGR are not provided, a reasonable estimation, based on industry reports and observed trends in similar financial sectors, suggests a market size exceeding $15 trillion in 2025. Considering the consistent growth observed in the past few years, a Compound Annual Growth Rate (CAGR) of around 8-10% is plausible for the forecast period (2025-2033), resulting in a significantly larger market by 2033. This growth is fueled by several key drivers: rising global wealth, particularly in emerging markets; favorable regulatory environments encouraging investment; the increasing adoption of digital platforms for fund sales; and the growing popularity of passive investment strategies such as index funds and ETFs. The market is segmented by application (direct and indirect sales) and fund type (active and passive). Passive funds, especially ETFs, are gaining significant traction due to their low cost and ease of access, contributing to a significant share of the market growth. However, regulatory changes, market volatility, and the increasing competition among fund managers present challenges to sustained growth. The major players in the equity fund sales market are a mix of established global giants like BlackRock, Vanguard, and Fidelity, alongside significant regional players. These firms compete on factors such as brand recognition, investment performance, fund management fees, and technological capabilities. The geographical distribution of equity fund sales is broad, with North America and Europe currently dominating the market. However, the Asia-Pacific region, particularly China and India, exhibits strong growth potential due to burgeoning middle classes and increasing financial literacy. Future growth will depend on factors such as the global economic outlook, investor sentiment, technological innovations in the fintech sector, and evolving regulatory frameworks. The continued expansion of the market suggests significant opportunities for investors and fund managers alike, demanding a nuanced understanding of regional dynamics and evolving investor preferences.

Hong Kong HK Investment Fund: Sale: Equity Index Funds data was reported at 49.270 USD mn in Aug 2018. This records a decrease from the previous number of 71.980 USD mn for Jul 2018. Hong Kong HK Investment Fund: Sale: Equity Index Funds data is updated monthly, averaging 44.715 USD mn from Jan 2005 (Median) to Aug 2018, with 164 observations. The data reached an all-time high of 384.710 USD mn in Jan 2018 and a record low of 2.770 USD mn in Apr 2009. Hong Kong HK Investment Fund: Sale: Equity Index Funds data remains active status in CEIC and is reported by Hong Kong Investment Funds Association. The data is categorized under Global Database’s Hong Kong – Table HK.Z038: HK Investment Funds Association Statistics. Equity Index Funds - includes index funds such as 'China Index Fund', 'Hang Seng Index Fund', or 'Europe Index Fund', etc.

A list of the top 50 Index Fund Advisors Inc holdings showing which stocks are owned by Index Fund Advisors Inc's hedge fund.

Market Size & Growth: The global Broad-Based Index Fund market is estimated to reach a value of XXX million USD by 2033, exhibiting a robust CAGR of XX% during the forecast period (2025-2033). Strong demand for low-cost, diversified investment options, coupled with growing investor awareness and favorable regulatory initiatives in various regions, is driving market growth. Key Trends & Drivers: The rise of passive investing strategies, which leverage index funds to track market benchmarks, is a key industry trend. Enhanced index funds, which incorporate active management techniques into index-tracking strategies, are also gaining traction. Technological advancements in data analysis and portfolio optimization tools are further empowering the growth of Broad-Based Index Funds. Additionally, increasing institutional investor participation in pension funds, insurance funds, and endowment funds is bolstering demand for these low-risk, long-term investment vehicles.

Thailand Number of Funds: CSG: Index Fund data was reported at 8.000 Unit in Mar 2019. This stayed constant from the previous number of 8.000 Unit for Feb 2019. Thailand Number of Funds: CSG: Index Fund data is updated monthly, averaging 37.000 Unit from Sep 2008 (Median) to Mar 2019, with 127 observations. The data reached an all-time high of 82.000 Unit in Oct 2008 and a record low of 5.000 Unit in Sep 2018. Thailand Number of Funds: CSG: Index Fund data remains active status in CEIC and is reported by Association of Investment Management Companies. The data is categorized under Global Database’s Thailand – Table TH.Z029: Association of Investment Management Companies: Mutual Funds: By Special Fund Groups.

The global ETF Index Fund market is experiencing robust growth, driven by increasing investor preference for diversified, low-cost investment vehicles. The market's appeal stems from its accessibility, transparency, and potential for significant returns, particularly in volatile market conditions. While precise market sizing requires specific data, considering a conservative CAGR of 10% (a common rate for established investment products) and a 2025 market value of $5 trillion (a reasonable estimate based on the significant presence of major players like BlackRock and Vanguard and the overall size of the investment management industry), we can project substantial expansion over the forecast period (2025-2033). Key drivers include the rising popularity of passive investment strategies, technological advancements improving trading efficiency, and the growing sophistication of retail and institutional investors. The segmentation by application (Investment & Financial Management, Risk Hedging, Others) and fund type (S&P 500, Nasdaq 100, Others) reflects the market’s diverse offerings and caters to a broad spectrum of investor needs and risk tolerances. Growth may be somewhat constrained by regulatory changes, macroeconomic uncertainty, and competition from other investment products. However, the long-term outlook remains positive, with substantial opportunities for expansion in emerging markets and through innovative product development. Geographic distribution shows significant concentration in North America and Europe, reflecting the maturity of these markets. However, rapid growth is expected in Asia-Pacific, particularly in China and India, as these regions experience increasing wealth creation and investor participation in the financial markets. The presence of major Chinese players like Guotai-Junan, GF Securities, Eastmoney, ChinaAMC, Hua An Fund, and Dacheng Fund highlights the escalating importance of this region. Competitive intensity is high, with established global giants like BlackRock, Vanguard, and State Street Global Advisors vying for market share alongside regional players. Future growth will depend on factors like the successful integration of innovative technologies, the development of niche index funds catering to specific market segments (e.g., sustainable investing, thematic ETFs), and the ability of companies to adapt to evolving regulatory landscapes.

Thailand Net Assets: CSG: Index Fund data was reported at 5.664 THB bn in Mar 2019. This records an increase from the previous number of 5.657 THB bn for Feb 2019. Thailand Net Assets: CSG: Index Fund data is updated monthly, averaging 9.681 THB bn from Sep 2008 (Median) to Mar 2019, with 127 observations. The data reached an all-time high of 105.733 THB bn in Nov 2011 and a record low of 0.992 THB bn in Feb 2018. Thailand Net Assets: CSG: Index Fund data remains active status in CEIC and is reported by Association of Investment Management Companies. The data is categorized under Global Database’s Thailand – Table TH.Z029: Association of Investment Management Companies: Mutual Funds: By Special Fund Groups.

Comprehensive dataset of Portugal Golden Visa investment funds with performance metrics, fees, and regulatory compliance data

The global index fund market is experiencing robust growth, driven by increasing investor awareness of passive investment strategies and the pursuit of diversified, cost-effective portfolios. The market's appeal stems from its simplicity – mirroring a specific market index, eliminating the need for active management and potentially reducing fees. This makes index funds particularly attractive to long-term investors and those seeking efficient market exposure. While precise figures are unavailable, considering a global market size of approximately $10 trillion USD in 2025 with a Compound Annual Growth Rate (CAGR) of 12% is a reasonable estimation based on recent market performance and industry reports. This growth is fueled by factors like the rising adoption of Exchange-Traded Funds (ETFs), a prevalent form of index fund, and the ongoing shift towards passive investing globally. The continued expansion of the global financial market, along with advancements in technology facilitating easy access to investment platforms, contributes significantly to this growth trajectory. Several key players dominate the market, including prominent international players like Vanguard, BlackRock, and Fidelity, alongside significant domestic Chinese firms such as Tianhong Fund, E Fund, and China Asset Management. However, competitive pressures are increasing, with new entrants and existing players constantly innovating to offer unique product features and cater to evolving investor preferences. Regulatory changes impacting investment strategies and market volatility represent potential restraints. Nevertheless, the long-term outlook for the index fund market remains positive, primarily driven by demographic shifts, increasing investor sophistication, and the inherent advantages of passive investing in a globally interconnected economy. The continued expansion of both developed and emerging markets will further fuel the market's growth over the forecast period of 2025-2033.

Hong Kong HK Investment Fund: Net Invt: Equity Index Funds data was reported at 38.160 USD mn in May 2018. This records an increase from the previous number of -4.790 USD mn for Apr 2018. Hong Kong HK Investment Fund: Net Invt: Equity Index Funds data is updated monthly, averaging -1.970 USD mn from Jan 2005 (Median) to May 2018, with 161 observations. The data reached an all-time high of 75.440 USD mn in Jan 2018 and a record low of -60.040 USD mn in Jan 2006. Hong Kong HK Investment Fund: Net Invt: Equity Index Funds data remains active status in CEIC and is reported by Hong Kong Investment Funds Association. The data is categorized under Global Database’s Hong Kong – Table HK.Z038: HK Investment Funds Association Statistics. Equity Index Funds - includes index funds such as 'China Index Fund', 'Hang Seng Index Fund', or 'Europe Index Fund', etc.

North America Mutual Fund Market size was valued at USD 586.53 Billion in 2024 and is projected to reach USD 973.36 Billion by 2031, growing at a CAGR of 6.90% during the forecast period 2024-2031.

North America Mutual Fund Market Drivers

1. Increasing Institutional and Retail Investments The growth of mutual funds in North America is being propelled by rising involvement from both institutional and retail investors. Traditional savings accounts' low interest rates inspire people to look for mutual funds in order to increase their earnings.
2. A favourable regulatory environment A stable regulatory framework that boosts investor trust is provided by the Securities and Exchange Commission (SEC) and the Investment Company Act of 1940. Mutual fund risk management and transparency have improved as a result of recent changes like the SEC's Liquidity Risk Management Rule.
3. The Growth of ETFs and Passive Investing Because index funds and exchange-traded funds (ETFs) have lower fees and perform better than actively managed funds, investors are moving more and more towards them. In order to compete with ETFs, mutual fund companies are adjusting by launching inexpensive index funds.

As of June 2024, the Vanguard Mega Cap Growth Index provided the ******* one-year return rate. The Vanguard Russell 1000 Growth Index Fund ranked ****** having a one-year return rate of **** percent. As of June 2024, the Vanguard Total Stock Market Index Fund was the largest fund owned by Vanguard, with net assets under management worth approximately **** trillion U.S. dollars. What is the difference between mutual funds and exchange traded funds? Both mutual funds and exchange traded funds (ETFs) originate from the concept of pooled fund investing, which bundles securities together to offer investors a more diversified portfolio. However, mutual funds and ETFs have some key differences. For instance, ETFs offer more flexible trading as they trade during the day like stocks, while mutual funds only allow transactions at the end of the day. Moreover, ETFs are mostly passively-managed and mirror a designated index. On the other hand, mutual funds are typically actively-managed, as it can be seen by comparing the number of actively and passively-managed mutual funds in the United States. Vanguard Founded by John C. Bogle in 1975, Vanguard is a U.S. asset management company that offers both mutual funds and ETFs. Headquartered in Malvern, Pennsylvania, Vanguard was the ****** largest provider of ETFs in the United States after BlackRock Financial Management, with assets under management worth almost *** trillion U.S. dollars. Likewise, in 2024, Vanguard ranked among the largest providers of mutual funds worldwide. The total assets under management of Vanguard increased considerably since its foundation in 1975, and peaked at *** trillion U.S. dollars in 2024.

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