Mutual fund schemes are built around a central theme: How to spot an interesting idea that can boost returns. This idea drives investment avenues. In the past two years, a new scheme type that has entered India’s mutual funds industry is the Smart Beta fund. At first glance, it seems an interesting product. However, if one takes into account the performance of such schemes, there is scepticism about the distinctness of the product. So, how exactly are smart beta funds different from other scheme ..
