Large cap index funds are outperforming the actively-managed large cap mutual fund schemes in the past one-year period. Kotak NV 20 ETF is topping the space with 20.42 per cent returns, followed by Reliance ETF NV20 (20.32%) and ICICI Prudential NV20 ETF.
In fact, the top 13 positions are taken by these mutual fund schemes following the passive investment strategy. HDFC Top 100 Fund, an actively-managed scheme, ranks 14th with 11.62 per cent returns in the same period. According to Valu ..
