Large tracking error in index funds.
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If you invested in an index fund a year ago, to gain almost as much as the Sensex or Nifty did, you may have not have been able to cash in completely on the bull run. That is because many index fund managers do not follow their own investment objectives. CNBC-TV18 highlights these tracking errors.
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For a while I had given up on Indian media's ability to ask the right questions. But this type of bursts of excellence surprise me.
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