Are pension funds creating a stock market bubble by pouring money into ETFs and index funds?
- Pravin Palande
- ET PrimeUpdated: Feb 16, 2026, 19:19 IST IST
The safest, cheapest and the easiest way of investing in equities for the common man may well be turning into a primary tool in distorting the market – passive investing.
In March 2021, the second wave of Covid delivered a double blow — lives were lost, economies stalled, and markets cracked. For investors, it was a brutal phase. For fund managers, it was even worse. The SPIVA report released in June 2022 captured the pain: a staggering 92% of active fund managers underperformed the index.
In March 2021, the second wave of Covid delivered a double blow — lives were lost, economies stalled, and markets cracked. For investors, it was a brutal phase. For fund managers, it was even worse. The SPIVA report released in June 2022 captured the pain: a staggering 92% of active fund managers underperformed the index.
