India's Exchange Traded Fund (ETF) industry has surpassed Rs 10 lakh crore in Assets Under Management (AUM) as of October 2025, doubling its size in three years. Trading volumes have surged over seven-fold since 2019-20, reaching Rs 3.83 lakh crore in FY 2024-25, with retail investor accounts growing eight-fold to over three crore folios in five years. This growth is attributed to ETFs' low costs, transparency, and accessibility, making them a mainstream investment option.