60.82% of equity MFs outperform respective benchmarks in December’24,finds study
The report highlighted that a total of 177 funds managed to outperform their benchmarks in the month ending December 31, 2024. Among the different categories, Flexi Cap Funds emerged as the top performers, with an impressive 79.49% of schemes exceeding their benchmarks. Following closely were Large Cap Funds and Multi Cap Funds, which saw 71.88% and 71.43% of their schemes outperforming the benchmarks respectively during the same period.