Index funds convincingly outperform `active' largecap schemes

Is it the end of the road for actively-managed largecap mutual funds in India? Consider these facts: There are close to 100 schemes in the largecap equity mutual fund category, including active and passive schemes. Around 48 toppers in the category are passively-managed Exchange Traded Funds (ETFs) or index schemes. The topper in the largecap category is Reliance ETF NV20 with 26.33 per cent returns in a year. The first actively-managed largecap scheme to feature in the top 50 is Axis Bluechip F ..

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