Business Standard

Despite Covid-19 crisis, mid- and small-cap funds see big gains in 2020

Twenty-five of 46 such schemes, or 54 per cent, outperformed the benchmark indices

funds, stocks, market, investment, investors
Premium

Mid- and small-cap stocks fell sharply in March following the onset of the pandemic but rallied after June on hopes of a vaccine and a V-shaped recovery in the economy | Illustration by Binay Sinha

Ashley Coutinho Mumbai
The majority of mid- and small-cap funds have outperformed their benchmark indices Nifty Midcap 150 and Nifty Smallcap 250 this calendar year.

Twenty-five of 46 such schemes, or 54 per cent, outperformed the benchmark indices. The average category returns of mid-cap funds stood at 20.5 per cent, against 20.4 per cent delivered by the Nifty Midcap 150. In the case of small-cap funds, the average category returns stood at 25.7 per cent, about 6.7 percentage points higher than the 19.02 per cent given by the Nifty Smallcap 250, the data from Morningstar India showed. Only direct plans were considered.

Best performers in

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 28 2020 | 11:53 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com