Tag
#active-funds
2 articles
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SPIVA India Explained: What the Scorecard Measures and How to Read It
SPIVA compares active fund returns against a designated benchmark index, corrected for survivorship and measured net of fees. Here is the methodology and its honest limits.
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Why Active Funds Underperform Their Benchmarks
Active fund underperformance is mostly structural: the arithmetic of the average investor, layered costs, total return benchmarks, capacity limits, and how the comparison itself is built.
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