We have compared the performance of these schemes with their current benchmarks. These schemes are benchmarked against total return index (TRI) currently. Earlier schemes used to use benchmarks convenient to them. Sebi launched TRI based benchmarks in February 2018.
At present there are around 35 schemes in the flexi cap category. Out of 35 schemes, 19 schemes have increased their allocation in mid cap stocks and 26 schemes increased their allocation in small cap stocks. Around 24 flexi cap schemes have reduced their allocation in large cap stocks.