Five out of the biggest 10 largecap schemes delivered lower returns than their category average in the three-year period. Half of 10 giant midcap schemes also underperformed the category (see table below). We have taken top 10 schemes in the decreasing order of their latest Assets Under management (AUM).
Similar trend was witnessed in five-year period performance as well. Around 40 per cent of the giant largecap schemes and 30 per cent midcap schemes underperformed their category ..