The steep fall in the market has weighed on the performance of stock mutual funds. The benchmark Sensex is down 19 per cent in the past one year, while popular schemes offered by top-five mutual funds are down between nine and 22 per cent during this period.
Country's largest mutual fund HDFC AMC's Equity Fund and Top 200 have been laggards. The two schemes are down 22 per cent each over the last one year, weighed by the plunge in banking shares.
Over three years, Birla Sun Life MNC, HDFC Mid Cap Opportunities, and ICICI Prudential Value Discovery emerged as best performers