Around 66% equity mutual fund schemes failed to beat their respective benchmarks in the three-year horizon, an analysis of performance by ETMutualFunds showed. We analyzed the performance of around 196 equity schemes that have completed three years in the market and found out that 129 schemes failed to beat their respective benchmarks. In other words, only 67 schemes could beat their benchmarks.
India: New entrants and digital players intensify competition
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