A total of 185 new funds (both open and close-ended) were launched, also known as NFOs (new fund offers) in fiscal 2024 raising a total of whopping ₹66,364 crore, shows the AMFI data
The promise of a theme to continue delivering stupendous returns is just too great to be diluted by historical facts. To an investor, it’s always different this time around. Unfortunately, the results are often the same i.e., underperformance.
Siddharth Srivastava of Mirae Asset Investment Managers discusses the launch of India s first multi-factor strategy ETF targeting the smallcap segment. The passive fund aims to capture upside momentum and protect against downside through quality selection, offering a cost-effective alternative to active funds. A 50-50 approach or rather approach where one is parking some money in active fund and passive fund is the way forward because alpha generation is getting difficult across segments and that is not just true with largecap, but even with midcap and smallcap.