Recent analysis of over 400,000 mutual fund portfolios reveals that 65% fail to meet their benchmarks, causing long-term wealth erosion, especially for High Net-Worth Individuals (HNIs). The root causes include overwhelming choice, reliance on outdated portfolio management approaches, and overreliance on historical performance metrics, which are poor indicators of future returns, highlighting the need for modern, data-driven investment strategies.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025