| Pub. Date | : Oct, 2020 |
|---|---|
| Product Name | : The IUP Journal of Accounting Research and Audit Practices |
| Product Type | : Article |
| Product Code | : IJARAP21020 |
| Author Name | : Rahul Bhatia, Bhanu Sireesha |
| Availability | : YES |
| Subject/Domain | : Finance |
| Download Format | : PDF Format |
| No. of Pages | : 6 |
For long, it has been an on-going discussion among investors, statisticians, fund managers, traders, etc. as to whether index funds are outperforming mutual funds or not. Index funds are passively managed and mutual funds are actively managed. The statistics shows that India behaves differently compared to US in this matter.
A mutual fund is a financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.