Large-cap equity schemes lagged benchmark returns in H2 of Calendar 2020

Asset-weighted returns of large cap funds lagged their benchmark by 273 basis points, ELSS funds by 318 bps and mid- and small-cap funds by 230 bps

Topics
large-caps | MF Equity Schemes | benchmark indices

Chirag Madia  |  Mumbai 

Not a single actively-managed equity scheme managed to outperform its benchmark during the second half of calendar 2020, reveals S&P Dow Jones Indices. “We saw a strong rebound that began at the start of the second quarter of 2020 continued into the second half of 2020, with the S&P BSE 100 finishing the six-month period up 36.48 per cent.

During this recovery period we saw that the second half of 2020 has been a particularly challenging period for Indian equity active funds where 100 per cent of the Large Cap funds, 80 per cent of the ELSS funds and 53 per cent of the Mid- and ...

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First Published: Thu, April 08 2021. 19:45 IST
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