It is one of the hottest topics debated these days: is it time for mutual fund investors to switch to passively-managed index funds from their actively-managed funds. The discussion gains currency in the backdrop of the failure of most actively-managed large cap funds to beat their benchmark index last year. The Nifty (universe of top 50 stocks) has given around 11-12 per cent returns in the last one year, whereas most large cap funds have managed to offer only around 7 per cent returns in the same period.
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Nine big financial changes that you must watch out for in October
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