Gold isn't assured; silver is: Tata AMC's Anand Vardarajan makes the case for passives
Every fund manager wants the window seat on the evening local from Churchgate, and nobody gets it every day. That is Alpha, says Anand Vardarajan, CEO & MD, Tata Asset Management, at the ET Alpha Wealth Summit. The next best thing is to simply board the train: everyone reaches the same station at the same time. With passives, silver is assured.