Defying predictions of their imminent irrelevance, some actively-managed large cap mutual fund schemes have bounced back to the top of the return chart. Many mutual fund advisors were concerned about the future of actively-managed large cap mutual fund category after large cap index funds took the top positions in the return chart in the last year.
As per the latest data, HDFC Top 100 Fund, an actively-managed large cap mutual fund scheme, is topping the category with 16 per cent return ..