AGILE Funds

What it means by AGILE Funds? -

Well, AGILE means "Alpha Generated from Industry Leaders". This type of funds are not actively managed funds like Equity Diversified Funds. Rather they are Passively managed funds such as Index funds. The Fund manager has only to strictly follow the computer generated algorithm.

AGILE Funds claim that, they will only invest in concentrated 11 odd number of stocks. Eaxh stock will have 9% Allocation of the total fund and rest 1% will be in Money Market & Liquid funds.

AGILE Funds do not disclose their algorithms. According to experts, the computerized algorithm is designed in such a manner that it will count Alpha (Statistical Parameter) of all the funds and from this it will choose the Industry leader.

When AGILE Funds were first time intorduced in the Indian market, they claimed that, they had consistently beaten the various World stock Indices over more than last decade but in Indian Market, AGILE Funds are proved Complete Disaster.

In the Recent Stock Market Rally, when Sensex has given whooping 45% return, AGILE Funda have given just 2% return. In short, in India AGILE Funds are a Complete disaster.

Instead of crushing the Sensex, AGILE Funds have crushed the wealth of thousands of Investors...!!!!!