If you are a mutual fund investor, you would have noticed that your large-cap funds are struggling to beat their benchmark performance over one to two years. This means they are not giving a return over and above the average market return as tracked by an index. You may be aware that your mutual fund scheme charges you 2-3% per annum as fees, a chunk of which goes as investment management fee, your returns are calculated after accounting for this. If there is no outperformance against a market index, then paying such fees starts to feel wrong.
Midcap stocks that find no takers among active fund managers. Check your portfolio
Read More
