66% equity mutual funds underperformed their benchmarks in three years
These schemes were from across the categories such as contra fund, ELSS, flexi cap, focused fund, large & mid cap, large cap, mid cap, small cap, and value fund.
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These schemes were from across the categories such as contra fund, ELSS, flexi cap, focused fund, large & mid cap, large cap, mid cap, small cap, and value fund.
The fund has generated returns of 13.37 percent compounded annual growth rate (CAGR) in dollar terms over a period of 10 years (as on June 30, 2023).
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I would actually point to five themes of which in the midcap, two of these themes actually lend to midcap as a segment quite well. Let us start with those two, I would say that indigenisation of defence is one theme that I have been positive on and have been sort of playing this theme through the Midcap Fund overall.
In the list, six small cap funds figured prominently in the list of top 10 performers. Three mid cap schemes and one flexi cap scheme also featured in the list of top 10 mutual funds., Personal Finance News, Times Now