Why are investors opting for ETFs?
Part of the reason for the underperformance of actively managed funds is that very few stocks have participated in the rally in the market.
August 05, 2020 / 08:03 PM IST
Warren Buffett has willed that 90 percent of his wealth should be invested in Exchange Traded Funds (ETF) and 10 percent in cash. He has been advocating the idea of investing in an Index following ETFs for retail investors. Buffett's words of wisdom seem to have reached Indian investors.
Reports say that investment in ETFs has seen a sharp rise in the recent past. Investors are moving away from actively-managed equity funds. In June, ETFs saw inflows of Rs 4,092...