Most mutual fund participants swear by the prospects of actively-managed funds in India. They believe active fund management can still create extra returns for investors in the country, at least for the next five years or a decade. ETMutualFunds.com did some number-crunching to find out whether the fund managers really managed to beat the benchmarks with active fund management. Be ready for a surprise.
Well, at least 40 per cent actively-managed equity mutual fund schemes failed to beat t ..
