An actively managed fund is type of exchange traded or mutual fund which is totally by a manager or a complete team. This type of fund is totally dependent on these managers and all the major decision making is done by these managers. Actively managed has the specific index, on which these fund are listed according to the specific sectors and fields. Other than these sectors wise allocations in it index, these managers can also allocate funds with respect to the situation of the market.
According to the details provided by the stock analysts, when investment offers and produces returns due to alternative decision making of the managers, then these types of returns are not always shown in the index fluctuations. When actively managed funds are managed and operated outside they make difficult for the investors to anticipate their fluctuations in advance.