At a time when the benchmark indices—30-share BSE Sensex and 50-share Nifty—have doubled from the lows of March last year, the performance of most large-cap mutual fund schemes has not been encouraging and the schemes are losing their sheen. Around half of the existing large-cap schemes of mutual funds have underperformed their respective benchmarks in the last one year and even more in the longer five-year period. Investors’ appetite for large-cap funds is falling as net inflows in this category in September was only Rs 14 crore, one of the lowest in the equity-mutual funds segment which mopped up Rs 8,677 crore in the month.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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