Around 15 largecap mutual funds (MFs) have underperformed their respective benchmarks over the last five years, reflecting an underperformance rate of 60%. There were 25 large-cap funds in the market that had completed five years. In other words, only 10 large-cap funds managed to outperform their benchmarks during this period.
Domestic investors lead as mutual fund inflows push DII share to new height
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