White elephants! Over 89% large-cap MFs are underperformers: S&P Dow Jones Indices
In the last five years, over 89% large-cap mutual funds in India have underperformed the benchmarks, revealed a report released by S&P Dow Jones Indices. The beginning of the year was particularly tough for Indian equity large-cap managers, with 87.5% funds in the category underperforming in H1 2022 following S&P Indices Versus Active Funds (SPIVA) … Read more