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The large & mid cap schemes are benchmarked against NIFTY LargeMidcap 250 - TRI, S&P BSE 250 LargeMidCap Index - TRI. NIFTY LargeMidcap 250 - TRI, S&P BSE 250 LargeMidCap Index - TRI gave 27.76% and 20.82% respectively in 2023. ....
Predictably, small cap funds topped the return chart. The small cap category gave an average return of around 24.13% in 2023. The category has around 24 schemes and Mahindra Manulife Small Cap Fund offered the highest return of around 34.65%, followed by Union Small Cap Fund which offered 30.83%. ....
These actively-managed large & mid cap schemes are benchmarked against NIFTY LargeMidcap 250 - TRI and S&P BSE 250 LargeMidCap Index - TRI. NIFTY LargeMidcap 250 - TRI and S&P BSE 250 LargeMidCap Index - TRI gave 18.23% and 11.83% respectively in 2023. ....
There were around 26 schemes in the large & mid cap category during the first half of the year (January to June). All the schemes in the category offered positive returns in the six-month period. ....