Many equity fund managers have found it difficult to beat the market in recent years. In such a scenario, is an analytics-driven programme to handle a mutual fund portfolio the answer? This is the premise behind quant funds that adopt a rules-based, data-driven approach to build a portfolio of stocks. Fund houses seem keen to launch quant funds now. DSP Quant Fund has already launched its NFO and another from ICICI Prudential AMC is in the pipeline.
Nine big financial changes that you must watch out for in October
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