 "investment, investors, savings, mf, funding, tech, economy, gdp, aif, alternative investment fund, capital, startups, tech, savings, money, cash, shares, funds, equity")
Three of five (60 per cent) equity large-cap schemes have underperformed the Nifty100 index this calendar year (CY20).Seventeen of the 29 schemes underperformed the benchmark’s returns of 11.8 per cent in CY20, shows the data from Morningstar India. Only direct plans were considered.
The worst performers include Nippon India Large Cap (1.5 per cent) and HDFC Top 100 (2.6 per cent). Four schemes have managed to give more than 15 per cent returns, with Canara Robeco Bluechip Equity Fund (20.2 per cent) and Axis Bluechip Fund (16.6 per cent) topping the charts.
Polarisation and the increase in index weight of a few
