Mid-cap and small-cap funds have put on quite a show over the past year. Yet, most of these have sharply lagged behind their respective indices during this time frame. While small-cap funds have averaged 34% over the past year, the Nifty Smallcap250 TRI has gained 38%. Only seven out of the 24 small-cap funds have beaten the index. Similarly, mid-cap funds have averaged 28%, even as the Nifty Midcap150 TRI has gained 33%. Only three of the 28 mid-cap funds have beaten the index.
Can energy-focused mutual funds power up your investment portfolio?
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