Short-term returns of India’s equity-linked mutual funds are anything but positive currently.
Smallcap, midcap, ELSS and multicap fund categories have fallen 3-10 per cent in last one year and by a similar percentage in last three months, underperforming the Sensex, which has declined 5 per cent in last three months after climbing 7 per cent in last one year.
This has made some investors wonder whether one should dump their fund managers and make their own portfolio of diverse ..
