Come February, mutual fund industry is going to get a new index to benchmark. From February 1 , mutual fund schemes are mandated by Sebi to use Total Return Index or TRI to benchmark their performance. The shift from plain vanilla index to TRI is supposed to give a clearer picture of the scheme performance versus its benchmark. Already some studies say schemes may struggle to beat their TRIs. ET.com Mutual Funds spoke to
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
Read More