MF Corner: Do investors need smart beta funds, experts discuss

The passive fund universe in India is just shy of Rs 3 lakh crore. Although the number of schemes that this Rs 3 lakh crore amount represent is far bigger by comparison so to say that a lot many funds have been launched but as of now there are not many takers for them except a few pockets of popularity which are growing like Index ETFs, Index funds.

The expansion has started which will continue for years to come - perhaps even a change in the landscape.

Within this ever-expanding universe, there is a small section called smart beta fund which is currently just Rs 500-600 crore category so does it deserve your time and attention, and more importantly does it deserves a place in one’s portfolio. In this Mutual Fund Corner, the focus remains on the passive funds universe. Discover smart-beta funds with Kaustubh Belapurkar, Director of Fund Research at Morningstar Investment Adviser India.