Only 9 out of 87 thematic MFs have consistently outperformed Nifty 100
Only nine out of 87 thematic or sectoral mutual funds have consistently beaten the Nifty 100 Total Returns Index. Nifty 100 was used because, if these funds cannot consistently beat a simple large cap index (equivalent to Nifty 50 or Sensex), it makes the entire category unsuitable for retail investors who might make the mistake…
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