Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closely mirror the Nifty 50, with the overlap becoming even higher among the largest funds.
Active large-cap funds closely mirror Nifty 50 index: New study finds 90% overlap in sectoral allocation
Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closel…
