Tuesday, May 26, 2015

Indian funds have beaten Warren Buffett in returns...

Hi All,

Came across a nice article on Indian MF industry, it's an interview of Mr. Nilesh Shah , MD Kotak Mahindra AMC by Economic times...

Indian investors are still in reverse track, Nilesh Shah tells ET Wealth. The good news is a more mature set of investors has entered the market in recent years.

A recent report says most actively managed mutual funds underperformed their benchmarks in the past five years. What are your observations?

Nilesh Shah: There's a saying that if you torture data enough, it will confess to everything. The SPIVA report is nothing but torturin .. 

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