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'Low-friction investing fuels short-term reactions'

An exclusive conversation with Vineet Nayyar, Director & CEO, NJ Asset Management

‘Low-friction investing fuels short-term reactions’

Model-driven vs human-led portfolios? All our offerings across mutual funds and PMS are 100 per cent rule-based. Every decision—from stock selection to allocation—follows a disciplined, data-backed model that removes human bias. In the US, equity smart beta funds have grown to over $2.5 trillion since 2000. In India, passive equity strategic schemes have jumped from Rs 247 crore in August 2019 to over Rs 46,000 crore in August 2025, while active equity smart beta funds have expanded from Rs 175 crore to Rs 25,000 crore in the same period. Technology and structured data have made quant strategies more precise and efficient, raising the

This article was originally published on October 25, 2025.