There are a couple of reasons for a fall in the passive fund flow. First, the return on active large cap funds have been superior to passive funds over the past 12 months. For instance, ICICI Pru Blue Chip, the biggest large cap fund from ICICI Prudential Asset Management Company, delivered 37.4% return while its largest ETF gained 25.3% during the period.
Buffett says US shouldn’t use “trade as a weapon” as Trump has done with tariffs
While Buffett said it is best for trade to be balanced between countries, he doesn’t think Trump is going about it the right way with