Around 61% equity mutual fund schemes failed to beat their respective benchmarks in the five-year horizon. Around 62% schemes underperformed their benchmarks in the seven-year horizon. ETMutualFunds considered the performance (CAGR) of 156 schemes in the five-year horizon, and 147 schemes in the seven-year period and compared their performance with relevant current benchmarks. We considered only regular, growth schemes for the study. We also looked at the rolling returns for five and seven-year ..
