Are passive funds a good option for new investors?

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The latest data from the Association of Mutual Funds of India (AMFI) suggests that investors are moving towards passive funds. Why are passive funds tracking benchmark indices more attractive to investors than actively managed funds? Ashish P Somaiya, CEO, White Oak Capital Management, says that new investors are entering the market to get good returns and passive funds are a great option for beginners in the investment world. So if you also want to make passive funds a part of your investment, then watch this complete conversation with Ashish Somaiya.

Somaiya said, “India is a part of emerging markets like China. So if Chinese markets experience a downfall then the Indian markets will also suffer its impact. If the markets are weak, it is a good sign for local investors to invest. Any correction that happens in the market due to external reasons is a good time for investors to invest. In 2-3 months, there will be a weakness in the market, so investors should take advantage of that.”

Watch the full video to know more…