9 out of 10 equity largecap mutual funds underperformed in 2022
According to the report, the S&P BSE India Government Bond Index increased by almost 3% in 2022. Interestingly, less than one-third of active managers beat the benchmark in 2022, with an underperformance rate of 68%. Indian composite bond funds fared the best in the same period, with only 45% underperforming the S&P BSE India Bond Index.
