Mutual funds are tweaking index-based investment products to offer investors the lure of higher returns within the realm of passive investing. What’s in it for the retail investor?
September 16, 2022 / 04:50 PM IST
Move over plain vanilla, it may be time for the complex and the conspicuous.
The world of index-based investment products, which has morphed rapidly in the past couple of years, is set to evolve further, thanks to funds that would appeal to post-millennials. A range of strategic indices seems to have usurped the older prima donnas, the Nifty and the Sensex, for want of more investment options.
Newer varieties of index funds and ETFs (Exchange Traded Funds) are likely to draw…