26.12% of equity MFs
outperform respective benchmarks in January’25,
finds PL Wealth Management
·
Small Cap Funds was the best performing category where 86.21% of the schemes outperformed the benchmark
Mumbai, February 24th, 2025: PL Wealth Management, PL Capital - Prabhudas Lilladher’s Wealth
Management arm, in its latest study on mutual fund performance analysis, cited
that the AUM (assets under management) of equity mutual funds have witnessed a
downfall by -3.83% sequentially to INR 24,85,844 crore in January 2025
from INR 25,84,851 crore in December 2024 excluding Sectoral / Thematic Funds).
The study, which is based on 291 open-ended equity diversified funds cited that
26.12% of these funds have outperformed their respective
benchmarks over the past one month, ending January 31st, 2025. The
cumulative total of funds that outperformed stood at 76 during the month ending
January 31st, 2025 (one month).
|
Category |
Benchmark |
Number of Schemes |
Number of schemes that Outperformed |
Scheme Outperformance (%) |
|
Large Cap funds |
NIFTY 50 TRI |
32 |
0 |
0.00% |
|
Large & Mid Cap Funds |
NIFTY LargeMidcap
250 - TRI |
31 |
4 |
12.90% |
|
Multi Cap Funds |
Nifty500 Multicap
50:25:25 - TRI |
29 |
3 |
10.34% |
|
Flexi Cap Fund |
NIFTY 500 - TRI |
39 |
9 |
23.08% |
|
Mid Cap Funds |
Nifty Midcap 150 - TRI |
29 |
5 |
17.24% |
|
Small Cap Funds |
Nifty Smallcap 250 - TRI |
29 |
25 |
86.21% |
|
Focused Funds |
NIFTY 500 - TRI |
28 |
8 |
28.57% |
|
Value Contra Div. Yield Funds |
NIFTY 500 - TRI |
33 |
9 |
27.27% |
|
Equity Linked Savings Schemes |
NIFTY 500 - TRI |
41 |
13 |
31.71% |
|
Total |
|
291 |
76 |
26.12% |
Source: Ace MF
Small Cap Funds
was the best performing category where 86.21% of the schemes outperformed the benchmark. It was followed by schemes of
Equity Linked Savings Schemes and Focused Funds which outperformed their
respective benchmarks by 31.71% and 28.57% respectively during the month of January 2025.
Large Cap funds
were the least performing fund category with only 0.00% of funds outperforming the benchmark.
Source:
Accord MF
