ETFs on Sensex and Nifty beat large-cap funds in returns
Synopsis
A sample of ETFs each with more than Rs 1,000 crore worth of assets under management (AUM) outperformed the large-cap funds of similar AUM size by 2.1% over the past year.
ET Intelligence Group: The exchange traded funds (ETFs) having the Nifty 50 and the S&P BSE Sensex as underlying indices have outperformed the large-cap funds according to the data from the Association of Mutual Funds in India (AMFI). In addition, they showed higher growth in folio accounts than the latter thereby underscoring their rising popularity among investors.A sample of ETFs each with more than Rs 1,000 crore worth of assets under
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