Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Quantitative Analysis

With the market rallying at the beginning of the year and then falling faster, we decided to take a look at how large cap Indian mutual fund schemes have performed against their benchmark in the move up and then in the fall.We have looked at the ten biggest large cap schemes from 3 October 2019 to 24 March 2020 to see how they perform against their benchmarks. On average, performance has been in line with the benchmark with some ETFs performing much better than the benchmark and some much worse.As investor preferences shift from active to passive, fund houses that manage a larger proportion of passive funds should benefit at the expense of mutual funds that mainly run active schemes.

With the market rallying at the beginning of the year and then falling faster, we decided to take a look at how large cap Indian mutual fund schemes have performed against their benchmark in the move up and then in the fall.We have looked at the ten biggest large cap schemes from 3 October 2019 to 24 March 2020 to see how they perform against their benchmarks. On average, performance has been in line with the benchmark with some ETFs performing much better than the benchmark and some much worse.As investor preferences shift from active to passive, fund houses that manage a larger proportion of passive funds should benefit at the expense of mutual funds that mainly run active schemes.

Active Vs Passive Investing in the Indian Context

India Financials

Active Vs Passive Investing in the Indian Context