Unlocking The Potential Of Smart Beta ETFs

In the latest episode of the “Investment Made Easy” webinar series, Outlook Money, in collaboration with ICICI Prudential Asset Management Ltd, delved into decoding smart beta exchange-traded funds (ETFs). The participants in the webinar were Chintan Haria, Principal Investment Strategist at ICICI Prudential AMC, and Nilesh D. Naik, Head Of Investment Products, Share.Market (PhonePe Wealth). The session was hosted by Versha Jain from Outlook Money. Smart Beta ETFs, a relatively new concept in India, aim to outperform the traditional market-cap-weighted indices, while avoiding the fees of an active fund manager, said Haria, while demystifying these products. He highlighted how they select stocks by assigning weights according to specific factors like low volatility, momentum, value, or quality, rather than considering only market capitalization. This approach allows investors...