How you can beat the index.

Just came across this article. Per it, indian Mutual funds have invested in just 1000 odd stock. [https://www.moneycontrol.com/news/business/mutual-funds/mfs-stick-to-1-082-stocks-in-2024-add-only-67-new-positions-12891451.html](https://www.moneycontrol.com/news/business/mutual-funds/mfs-stick-to-1-082-stocks-in-2024-add-only-67-new-positions-12891451.html) That is from a universe of 5000 odd stocks. If you account for weightage, i wouldn't be surprised if the chunk of AUM is in 500 stocks. More or less tracking the Nifty 500. There is a whole universe of stock from 500-5000. Even if you discount 3500 of them as penny stocks, you are left with 1000 genuine companies pick from. If you narraow that down to a handful of gems with good management and history, you could allocate a portion of your capital to it and get good returns. Even if some of your picks are duds, a few good picks will make up for that.