Mutual fund schemes delivering strong performance, with good distribution and selling, eventually become flagship products of an asset management company (AMC).
Yet, most flagship schemes have been unable to deliver superior returns consistently, as per a Mint analysis. This is depicted by the accompanying graphic which charts the performance of some flagship schemes three years after garnering good inflows. For each calendar year, from 2014 to 2018, one or two schemes have been chosen based on the highest increase in AUM (assets under management), and the popularity of the fund in that year.
