International funds, which had been riding high on past performance, have come crashing back to the earth. As a category, these funds have returned (-)12.7% for a one-year period. This compares with 4-9.5% returns for funds investing in Indian equities, implying the former has underperformed the latter by 17-22%, data from Value Research show.
Amfi stock classification: Multibaggers BHEL, NHPC, 5 more stocks to likely turn largecaps
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