What that means is out of 100 large-cap MFs, only 15 beat the index over 5 years.
The SPIVA India Scorecard compares the performance of actively managed Indian equity and bond mutual funds with their respective benchmark indices over 1-, 3-, 5- and 10-year investment horizons.
The Problem with Mutual Funds - Part 1
SPIVA India Scorecard - Full year 2023 highlight
Indian Equity Large-Cap Mutual Funds Underperformed over the three- and five-year periods, at 87.5% and 85.7%, respectively compared to the benchmark index.
#MutualFunds#investing
3.Occidental plans a multi-part bond sale, gearing up for major moves! ๐ผ๐ธ #BondSale#FinanceStrategy
4.ONGC Videsh dives into Azerbaijan, set to acquire stake in ACG oil field! ๐๐ข๏ธ #GlobalExpansion#OilDeal