Business Standard

Shift 25% large-cap allocation to ETFs and choose consistent performers

Even over the longer term, active fund managers have found it difficult to outperform their benchmarks

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Sanjay Kumar Singh New Delhi
Over the past year, only two of the 32 actively managed large-cap funds have outperformed their benchmarks (see table). Studies in the past - such as the one by Edelweiss Mutual Fund (MF) - have shown that outperformance within the large-cap space has been shrinking for the past few years. 

Regulatory changes made in the past couple of years have made it harder for large-cap fund managers to beat their benchmarks. One is the scheme categorisation norms introduced by the Securities and Exchange Board of India (Sebi) in October 2017. 


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First Published: Jan 07 2019 | 8:17 PM IST

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