Alpha an uphill struggle, mutual funds file for passive, factor funds

2021-09-03 00:13:24

Investors can soon choose from a wider bouquet of passive and factor funds as several fund houses including Navi Mutual Fund, Kotak MF and Mirae Asset have filed for dozens of such funds with the regulator in the last couple of months.

Passive funds are those that mostly follow any market index by investing in the same stocks in the same weightage, unlike active funds where portfolio managers constantly try to outperform benchmark indices. Such funds are

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