Many mutual fund investors are shifting to index funds and exchange-traded funds (ETFs) in the large-cap space, disappointed by the poor performance of actively managed large-cap mutual funds over the past year, where of the 32 large cap funds, only two managed to beat their benchmarks.
“In the large-cap space, we are recommending index funds as we believe that increasingly it will be difficult for the fund manager to generate alpha there,” said Jitendra Solanki, a Sebiregistered invest ..
