Widely read:
The erstwhile Benchmark Asset Management was built on passive play, with its offerings on the exchange traded platform with funds tracking indices. In the process the fund house managed to drive the role of ETFs in one's portfolio. The change in ownership is slowly setting the template for active funds to be rolled out from this AMC. The first actively managed fund, Goldman Sachs India Equity, is a multi cap fund, which is a year old and is yet to scorch the performance charts. The Goldman pedigree is not fully tapped yet, which would not only bring in access to several global funds from its international offerings.
This article was originally published on January 24, 2014.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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