Long-term Portfolios Hit by Floundering Actively-managed Equity Schemes
Clinton Fernandes 02 July 2021
Investments in actively-managed mutual fund (MF) schemes have not paid off for most long-term investors. Past returns data have shown that the majority of equity schemes have underperformed their benchmark index in the past one, three and five-year returns.
Actively-managed MF schemes are the dominant investment category in the industry. These schemes are operated by fund managers...
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