DC

Nobody

[ET Money @ETMONEY]

One mutual fund now controls 23% of all the money in India’s multi-cap category.

Its AUM has exploded from around ₹9,800 cr to ₹54,600 cr in just 4 years.

However, its recent performance has been off-colour.

So, what’s going wrong? Let’s investigate. A 🧵

[CA Sudhir Bheda @sudhir_bheda]

71% of Large Cap equity funds underperformed their benchmark over the last 5 years.

76% of Mid Cap funds also failed to beat their benchmark.

The average underperformance exceeded 1% annually in both categories, largely due to expense ratios, fund management fees, distribution commissions, and other operating costs.

The takeaway?

For most investors, low-cost passive investing through index funds or ETFs is a compelling choice.

This isn't just an Indian trend. Globally, investor money has been steadily shifting from actively managed funds to passive funds because consistently beating the benchmark after costs has become increasingly difficult.
#mutualfundahihai

[Aditya @thefaadguy]

Meet the man who sold his 17,000 CR jewellery business to Titan. (A thread 🧵)

[Ajaya Sharma @Ajaya_buddy]

GujGas has decided to hike prices for Industrial segment by ~Rs4/scm and for CNG by Rs2/kg effective tomorrow....Morbi customers to be impacted ..tiles manufacturers etc