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.
Finwizz and Wishfin merge to build a leading omni-channel financial platform, eye IPO in 24 months
Finwizz and Wishfin are merging to form a tech-driven, omni-channel financial distribution platform targeting IPO in 24 months. The combined entity leverages Finwizz’s distribution and