 "Funds, Investment")
Actively managed funds, especially those with greater flexibility to invest in stocks across sectors and market capitalisation — such as multicap and flexicap — can outperform other schemes in 2024 if the prevalent trend in corporate earnings and profit growth sustains, according to analysts.
“Corporate profits are mean-reverting to higher levels. Also, the decade-long trend of profit concentration is reversing. For investors, opportunities of alpha creation go up with relatively undiscovered names garnering larger profit shares,” ASK Private Wealth said in a recent report.
In the last one year, flexicap funds have delivered 27 per cent return on an average.
