'All our schemes are actively managed, not model-driven'

Model-driven vs human-led portfolios? As of now, all our schemes are actively managed. None of them is model-driven. However, we do plan to launch a semi-passive fund soon. The proportion of fund manager-led schemes versus model-driven ones will largely depend on client preferences. That said, I expect most of our AUM (asset under management) to continue coming from fund manager-led schemes. ‘Go-anywhere’ funds like flexi-cap, ELSS tax-saver and focused funds, if managed in a disciplined manner with a sound process, can, in my view, still deliver alp

This article was originally published on October 26, 2025.