45 per cent of the total 228 actively managed equity mutual fund schemes underperformed their respective benchmarks in the five-year period. The value-oriented category was the worst performer, with 67 per cent schemes underperforming their benchmarks. Around 61 per cent large cap schemes also failed to beat their benchmark.
The five-year returns were dragged down by the downturn in the market in the last 18 months. It may come as a surprise to many investors, considering the key benchmar ..
The five-year returns were dragged down by the downturn in the market in the last 18 months. It may come as a surprise to many investors, considering the key benchmar ..
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