Despite broader market facing challenging environment in 2018, around 75 per cent actively managed midcap and smallcap equity funds outpaced their respective benchmarks for the full year.
On the other hand, just 8 per cent largecap funds outpaced their benchmarks during the same period.
A latest study by S&P Indices Versus Active (SPIVA) India Scorecard showed that 92 per cent of largecap equity funds underperformed their respective benchmark indices during the previous cal ..
