Did your equity mutual funds beat their benchmarks in the five-year horizon? Well, most schemes failed to beat their benchmarks in the five-year horizon, ETMutualFunds found out. In fact, only 30% equity schemes succeeded in beating their benchmarks in the five-year horizon. In other words, only 53 schemes outperformed their respective benchmarks in the five-year horizon. Around 175 equity schemes were in the market in the five-year horizon.
India will be superpower by 2047, but not high-income economy: Martin Wolf
Read More
