Indian Economy News

54% equity mutual funds outperformed their benchmarks in April

In April, analysis revealed that approximately 54% of equity mutual funds outperformed their benchmarks, with 143 out of 265 schemes surpassing expectations. Contra funds demonstrated the highest outperformance rate at 100%, followed by value funds at 70%, ELSS at 69%, and large & mid cap funds at 66%.

However, small-cap funds exhibited the lowest outperformance rate at around 7%, indicating a challenging environment for these schemes. It's essential to note that while this analysis offers insights into April's performance, investment decisions should consider individual factors such as investment horizon, risk tolerance, and financial objectives rather than solely relying on past performance metrics.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.