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Majority of schemes have delivered positive returns. SEBI data shows that 77% or 8 out of 10 mutual funds have given positive returns in FY 2023.
Further, the data from the market regulator shows that 146 schemes have delivered annual returns in excess of 10%.
While 450 schemes have delivered annual returns between 5% and 10%, 590 funds gave annual returns less than 5% in FY 2023.
Close to 350 schemes have delivered negative annual returns and 56 of them gave less than annual returns of less than -10%.
However, the number of mutual fund schemes giving a negative annual return increased from 60 in FY 2022 to 342 in FY 2023, said SEBI.
Further, schemes giving returns more than 5% fell from 898 in FY 2022 to 595 in FY 2023.
Let us look at the table to know more:
|
Annual return |
FY 2023 |
FY 2022 |
|
Over 10% |
146 |
684 |
|
5-10% |
449 |
214 |
|
0-5% |
591 |
604 |
|
Negative returns |
342 |
60 |
|
Total |
1528 |
1562 |
Source: SEBI
Please note the SEBI has taken annual returns of direct plan of growth option of scheme
