Around 62% equity mutual fund schemes failed to beat their respective benchmarks in the five-year and seven-year horizons. ETMutualFunds considered the performance (CAGR) of 174 schemes in the five-year horizon, and 165 schemes in the seven-year period and compared their performance with relevant current benchmarks. We also looked at the rolling returns for five and seven-year periods and compared them with their current benchmarks.
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