Experts favour passive funds up to 40% in core and a bunch of active funds in satellite portfolio
The next time you invest with a fund house do inquire if the portfolio manager has skin in the game
India's passive funds have delivered an average return of 9.6 per cent so far this year, much higher than active funds' 5.7 per cent
New launches within the passive-fund domain have made it possible to build a complete portfolio out of such products
Indian investors don't understand smart-beta products yet, says Neeraj Choksi
The recent regulatory changes have made it difficult for actively-managed large-cap funds to beat the benchmark consistently in the long-term