Three of five (60 per cent) equity large-cap schemes have underperformed the Nifty100 index this calendar year (CY20). Seventeen of the 29 schemes underperformed the benchmark’s returns of 11.8 per cent in CY20, shows the data from Morningstar India. Only direct plans were considered. The worst performers include Nippon India Large Cap (1.5 per cent) and HDFC Top 100 (2.6 per cent). Four schemes have managed to give more than 15 per cent returns, with Canara Robeco Bluechip Equity Fund (20.2 per cent) and Axis Bluechip Fund (16.6 per cent) topping the charts.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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