Why large-cap funds are losing their alpha edge post-2010: Key factors behind decline and what investors should do
Active large-cap mutual funds are designed to give fund managers the flexibility to generate “alpha” returns above the benchmark index through stock selection and portfolio management strategies. However, over the years, the gap between large-cap funds and the Nifty 50 TRI has narrowed, raising questions about the category’s ability to consistently outperform its benchmark. So, […]