Tracking error is a number that lets an investor know how closely his or her investment tracks like an index. For example, if you have a portfolio of large cap U.S ...
A few weeks ago, two of my friends, let’s call them Raj and Neha, planned a road trip. Both had to drive from Mumbai to Pune for a common event. Raj claimed his car had excellent mileage of ₹5 per km.
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