ETFs have been gaining huge popularity in Indian markets over many years. They are considered to be a safe bet for investors who want to earn decent returns but at the same time do not want to take too much risk. However, ETFs do have their own set of shortcomings, one of the main being that they are not able to generate superior returns as they are passively managed investments.
This is where the smart beta funds come in. These funds are relatively new to the Indian markets but have been gaining a strong foothold in developed markets. Read on to know more details on smart beta funds.