I was reading the book Multiple Streams of Income and was just about to apply the concept of having 20% of your investments in Index funds over the long term in Indian context until I came across this article.
In short summary, Index funds are better for Developed Stock Markets than compared to Developing Stock Markets like that of India
Nice one. Read in leisure.
For risk-taking investors, actively managed funds should occupy a larger share of the portfolio. Index funds can also occupy a smaller share, mainly from a diversification perspective.
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