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Caution against index investing in India

Norwegian fund's advice is to pick up companies with most potential

LIMITING RISK: Among the companies that have passed Quantum's scrutiny in India are Infosys Ltd, Bajaj Auto, Hero Motocorp and Maruti Suzuki.


QUANTUM Advisors, which picks Indian stocks for Norway's US$860 billion wealth fund, says investors should stay away from index investing in Asia's fourth-biggest market.

Investing in indexes is a poor place to put money because you don't necessarily go into the companies with