scorecardresearchMutual Funds: What is the importance of benchmark index?

Mutual Funds: What is the importance of benchmark index?

Updated: 15 Dec 2021, 09:21 AM IST
TL;DR.
Benchmark index is an indicator against which a mutual fund’s performance can be measured
Having a benchmark index gives investors an idea of the performance of a fund.

Having a benchmark index gives investors an idea of the performance of a fund.