A factor-based index is one in which parameters like volatility, momentum, alpha, ROE, PB, PE etc are used to construct the index instead of market capitalization. This is one way to reduce concentration risk in traditional indices like Nifty and Sensex. Midcap mutual funds have struggled to beat the NIFTY Midcap150 Quality 50 Index. Announcement: A...
The post Midcap mutual funds struggle to beat this factor-based midcap index appeared first on freefincal.
from freefincal https://ift.tt/2WzLTFG
Post a Comment