[ELI 15] Why UTI Nifty 50 instead of other house bluechip funds?

[robertagrimal]

Why is Nifty 50 or Nifty Next 50 is recommended in this sub instead of funds like Axis bluechip funds. Looking at the performance charts since 2013, 1lakh invested today is

UTI Nifty 50 - 2.16 L

Axis Bluechip - 2.6 L

Mirae Large cap - 3.0 L

 

[marinam91]

@robertagrimal Not everyone thinks the same, for some people passive funds are better.

With passive fund you are betting on the profit and debt returns of the top companies while with active funds you are betting on the profit and debt returns of the top companies, fund house and the fund manager (for better or for worse).

Also past returns never guarantee future returns.

(I have investments in both passive and active)