Can selectively picking less volatile stocks from the large-cap universe yield better results over the long term? This is the premise of the factor-based offering ICICI Prudential Nifty 100 Low Volatility 30 ETF FoF, which is based on the ETF launched back in 2017. Let’s explore if there is merit in pursuing such a strategy. The travails of actively managed large-cap funds over the past few years are known. Barring a couple of outliers, most
