Actively managed large-cap mutual funds are making a comeback of sorts. The fund category, which invests in blue chips and has been an underperformer in recent years, has begun outperforming its benchmark in the past year as some bets in mid- and small-cap stocks have helped these schemes emerge out of the poor performance. Despite the improved show, wealth advisors recommend investors to bet on large-caps through flexi-cap, focussed, or index funds.
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