Is passive investing a threat to the mutual fund industry?
The mutual fund industry may still have some time before passive or semi-passive investing makes a dent. But paying a high fee for poor performance is passé.
June 18, 2021 / 09:54 AM IST
Over the last few years, many sectors have been ravaged by new-age companies, mostly start-ups who have completely changed the way business was done. Irrespective of the low success rate of these new-age, technologically dependent and asset-light companies, they have left behind destruction in the sectors they have touched.
Prominent examples include retail, transportation, broking, and hotels. The traditional way of doing business may have been severely affected but at least the consumers are not complaining. It is because these...