Mutual Funds offer the services of a professional fund manager to take care your investment. You also pay a fee for their service. But do they offer the goods? In other words, do these managers actually beat the index their schemes are benchmarked against?
We have tried to find out how the actively managed equity-oriented schemes have performed, compared to their respective benchmark in the three-year period. The data reveals that more than 30 per cent of the total 255 equity schemes u ..
