The sustained money flowing into the mutual fund sector in the past two years by way of systematic investment plans has propelled the assets of several equity schemes into the Rs 10,000-crore club. While just three schemes were part of this club two years ago, a dozen schemes today manage assets of over Rs 10,000 crore.
However, here’s a lesson that investors can chew on: Big funds are not invincible and can lag peers on returns. Indeed, as data from the 2007 bull run show, even large schemes can grow unpopular with investors and show a decline in their assets under management (AUMs) over time.
