Less than 40% of active equity managers beat average passive alternative in 2023
Less than two-fifths of active equity managers have beaten their passive rivals in 2023, according to research from investment platform AJ Bell.
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Less than two-fifths of active equity managers have beaten their passive rivals in 2023, according to research from investment platform AJ Bell.
Motilal Oswal Mutual Fund announced the launch of the Motilal Oswal Small Cap Fund. The scheme opened for public subscription on December 05, 2023, and will close on December 19, 2023.
SEBI’s ‘MF Lite’ regulations are said to have been approved by the regulator’s Mutual Fund advisory committee. These regulations will benefit mutual fund houses that only wish to launch passive funds and therefore do not require much oversight and tighter regulation.
The mutual fund industry recorded net inflows of approximately Rs 51,000 crore in Q2 of FY24 and active equity funds led the way with net inflows of about Rs 74,000 crore
Get latest articles and stories on Business at LatestLY. In a notable trend, the SPIVA Scorecard revealed that a significant portion of Indian Equity Large-Cap funds struggled to outperform their benchmarks, with a staggering 58 per cent of actively managed funds falling short of the S&P Bombay Stock Exchange (BSE) 100 benchmark. Business News | Active Funds Face Mixed Performance; Dow Jones Indices Publishes SPIVA India Scorecard 2023.