67% largecap mutual funds outperform their benchmarks in 2024 so far

Large cap schemes have struggled a lot to beat their respective benchmarks since Sebi introduced total return index (TRI) in February 2018. Large cap schemes are benchmarked against Nifty 100 - TRI and S&P BSE 100 - TRI. These schemes offered 6.71% and 6.04% returns in 2024 so far.
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