Mutual fund houses flood the market with new passive funds. Should you invest?

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Mutual fund houses are busy launching new funds these days. The interesting part is that most of these new schemes are passive funds- be it on the equity or the debt side. ETFs and index funds have been a rage in the last one year and now passive funds are making ways into the debt side via target maturity funds. In the middle of so many new offers of passive funds, should retail investors give them a shot? Lot of innovative and direct