Active management of mutual funds, especially in the large-cap category, lost considerable sheen with schemes underperforming benchmarks in recent years. But the market rally from March 2020 seems have brought back some of fund managers’ mojo. An analysis of data sourced from ACE MF shows that 69 percent of the equity funds outperformed the Nifty 50 index in 2020 – up from just 11 percent in 2019 and one percent of the schemes in 2018.
Solving the KYC mess: 5 steps that SEBI has taken to make things easy
Read More
