News From Press Smart-index ETFs good for passive investors

Smart-index ETFs good for passive investors

Source: Business Standard May 30, 2016

Sundeep Sikka, chief executive officer, Reliance Nippon Life Asset Management, believes that one of the main reasons investors should buy passive funds is the massive cost difference of about 150-200 basis points vis-a-vis actively-managed funds. “And for a relatively-low cost, passive funds allow investors to earn broader market returns,” adds Sikka.

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