In a tough year for midcap stocks, when the S&P BSE Midcap Index lost 11 per cent, mid-cap funds fared pretty well, with 14 out of 21 mid-cap funds staying ahead and beating the benchmark indices. Analysts use outperformance over benchmark as an important tool to recommend a mutual fund scheme.
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ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment
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