The mid cap category was the worst hit in the first six months of the year (January - June). Around 69% schemes failed to beat their respective benchmarks. Out of 29 schemes, 20 schemes failed to beat their respective benchmarks.
There were 22 schemes in the value and contra fund category in the first half of the year (January to June). All the schemes in the category offered positive returns.
There were around 26 schemes in the large & mid cap category during the first half of the year (January to June). All the schemes in the category offered positive returns in the six-month period.
There were 26 schemes in the focused fund category in the first half of the year (January to June). All the schemes in the category offered positive returns.
During January-June 2023, out of 39 schemes, 31 schemes outperformed their respective benchmarks. During April-June, out of 39 schemes, 12 ELSS schemes managed to beat their respective benchmarks. However, 12 schemes outperformed their respective benchmarks in both the horizons.
The category has managed to outperform all the benchmarks - Nifty Smallcap 100 - TRI, Nifty Smallcap 250 - TRI, and S&P BSE 250 Small Cap - TRI during the first half of the year (January to June).
During April-June quarter in 2023, the large cap category offered an average return of around 11.57% return. During this time period Nifty50 and S&P BSE Sensex surged 10.29% and 9.49% respectively. The benchmark indices Nifty 100-TRI and S&P BSE 100-TRI offered around 11.60% and 11.84% return.
All 26 schemes in the category gave negative returns in the January-March quarter in 2023. Only 21 schemes managed to outperform their benchmarks in the same time period.
Out of 22 schemes in the category, 15 schemes managed to beat their benchmarks. SBI Contra Fund lost the lowest of around 1.08% in the January-March quarter in 2023.
All 16 schemes in the category gave negative returns in the January-March quarter in 2023. SBI Multicap Fund and Kotak Multicap Fund posted negative returns of around 5.88% and 5.30% respectively in the quarter.
There were 40 ELSS schemes. All schemes had offered negative returns during the January-March quarter. Out of 40 schemes, 35 schemes managed to beat their benchmarks.
Out of 26 focused schemes, 21 schemes managed to beat their respective benchmarks in the January-March quarter in 2023. All the schemes in the category gave negative returns in the quarter.
Out of 33 flexi cap schemes, only Parag Parikh Flexi Cap Fund managed to offer positive returns in the January-March quarter in 2023. All the other schemes in the category gave negative returns.
Out of 24 small cap schemes, all the schemes managed to beat their benchmarks in January-March quarter in 2023. The category offered an average return of (3.19%) in the quarter.
Out of 29 mid cap schemes, 18 schemes managed to beat their benchmarks in January-March quarter in 2023. Mid cap category offered an average return of (4.03%) in the quarter.
Out of 31 schemes, 25 schemes have outperformed their respective benchmarks in January-March quarter in 2023. Large cap category offered an average return of 4.16% in the quarter.
