Artificial Intelligence (AI) and Machine Learning (ML) have been the buzzwords the world over impacting every possible business and changing the way we perceive the man-machine overlap. But, could you ever imagine the application of AI and ML in an industry like mutual funds that is so heavily driven by human decisions?So, get ready to be astonished! The mutual fund sector has likewise embraced AI and ML. The Indian market has been predominantly controlled by active investing over the past few decades, where the fund manager’s ability to recognise top-performing equities as well as the appropriate sectors has been most prized. However, as fund managers have found it difficult to outperform benchmarks in recent years, quant funds have experienced significant popularity in India. Source- ET Money
Jun 29, 2022, 04:11PM ISTSource: TIMESOFINDIA.COM
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