India's passive index-tracking equity funds are set to beat their active stock-picking counterparts in returns for a second successive year as fund managers grapple with volatility and the challenges of outperforming benchmark indexes.
According to Refinitiv Lipper data, India's passive funds have delivered an average return of 9.6% so far this year, much higher than active funds' 5.7%. In 2018, passive funds posted 2.3% gains, while active funds had negative returns.
