India's most popular equity mutual fund (MF) schemes are increasingly coming under pressure when it comes to benchmark-beating returns for investors.
With the benchmark indices soaring 20 per cent this year, few actively managed schemes have managed such a return. Those that have include HDFC Equity and HDFC Top 200, both managed by Prashant Jain, chief investment officer of HDFC MF. The margin of outperformance is, however, only 50 basis points.
