Professional Fund Managers are a nefarious breed. They ONLY agenda is to fulfill their personal income targets. And along the way, if anything is left, they pass it on to the investors that depend on them.
It is a well known fact that the Mutual Fund Industry as a whole has underperformed the leading indices by a large margin.
It is a well known fact that the Mutual Fund Industry as a whole has underperformed the leading indices by a large margin.
In that case how does the layman , not so savvy investor participate in the Equity markets ?
Think up till now ,mutual funds(both passive and Index funds)was the only way for a common man to participate and profit from the markets.