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Over 73% energetic mid/small-cap funds fail to beat benchmark in 2023 regardless of market rally

Over 73% active mid/small-cap funds fail to beat benchmark in 2023 despite market rally However, the variety of large-cap fairness funds beating their benchmarks improved in 2023 as solely 52 p.c of actively managed funds underperformed the SP BSE 100 final yr towards 88 p.c in 2022.