No case for passive investing in India for next decade as alpha lies outside indices: Vikas Khemani
Index investing in India is effectively a momentum strategy that captures stocks only after their strongest growth phase has passed; whereas, India’s economic transformation is throwing up outsized alpha and wealth-creation opportunities outside benchmark indices, said Vikas Khemani.
Index investing in India is effectively a momentum strategy that captures stocks only after their strongest growth phase has passed; whereas, India’s economic transformation is throwing up outsized alpha and wealth-creation opportunities outside benchmark indices, said Vikas Khemani.
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