With investors increasingly putting their money in index funds, the difference between the performance of the stocks in the index and those outside it will continue to widen
While it’s getting tougher for actively-managed funds, especially large-cap funds, to outperform their benchmarks, passively-managed equity funds have been slow to catch up. The real winner in this category is the Target Maturity Funds. But an encore in FY23-24 seems unlikely, though.
ELSS funds achieved the second-highest long-term survival rates across all categories in the SPIVA India Scorecard, with 77.8 percent of them still surviving after 10 years.