HDFC Asset Management Company

I think rise of Active / Passive Funds goes through a cycle. There’s a decade when active funds win and in another Passive funds win.

I will illustrate my point with the NASDAQ index

1990s – 2000s – the index went to the moon (Passive)
2000 – 2010s – It couldn’t even breakeven (Active)
2010 – 2020 – Passive Funds ruled it and Buffet rode it like a matador.
2020 – 2030 – Active Funds could rise again (Not financial advise)

I’ll change my mind if presented with better data.