More than 90% active mutual fundsbeat the indices. There is still time for ETFs.
While we are reaping the benefits of Indianization of Uber and Amazon (thought the VCs might be bearing the brunt of the same), all facts and theories that apply to west, might not be the best. Pink papers in the US are frequently abuzz with articles discussing the benefits of ETFs how the active fund managers are unable to beat the indices. Reports have outlined how less than 10% fund managers have been able to beat the indices and hence it's better to invest in Index Funds/ETFs rather than paying for the expenses of active fund managers. The connected digital world has made the news ubiquitous. I was recently speaking to one of my friends who quoted a leading US pink daily and mentioned that that active funds do not beat the indices..
