How your mutual fund schemes have fared in the past 5 years
Large-cap funds fared poorly over the past 1 and 3 years. Small- and multi-cap funds boast nearly 100% outperformance relative to benchmarks over past 5 years.
Large-cap funds fared poorly over the past 1 and 3 years. Over 5 years, only 40% of large-cap funds have outperformed, but these comprise a healthy 84% of the category AUM. Small- & multi-cap funds boast nearly 100% outperformance relative to benchmark over past 5 years in terms of value.
The prize for beating the benchmark went to…
% of schemes outperforming benchmark
|Category||1 year return||3 year returns||5 year returns|
|Large & mid cap||12%||24%||65%|
% of AUM outperforming benchmark
|Category||1 year||3 years||5 years|
|Large & Mid Cap||6%||25%||71%|
Percentage of AUM outperforming benchmark in ELSS and mid-cap funds over past 1 year is much higher compared to number of schemes outperforming. This means some of the bigger funds have outperformed.
The healthiest performers over the past 5 years were…
|Fund house||No. of outperformers||Total schemes||% of schemes outperforming|
|Aditya Birla Sun Life AMC||6||6||100%|
|Kotak Mahindra AMC||5||5||100%|
|Franklin Templeton AMC||6||7||86%|
Some fund houses delivered outperformance in a large chunk of their assets.
|Fund house||AUM outperforming (Rs crore)||Total AUM (Rs crore)||% of AUM outperforming|
|ICICI Prudential AMC||45,496||49,236||92%|
These are apart from the AMCs that have exhibited 100% outperformance.
Schemes that exhibited higher consistency
The schemes outperformed in at least four out of past five calendar years and across past three and five-year time periods.
The highest alpha generators were…
|ELSS||AUM (Rs crore)||5 Year CAGR (%)||Alpha (%)|
|Quant Tax Plan||8||21.3||8.4|
|Axis Long Term Equity||17,626||20.0||5.4|
|IDBI Equity Advantage||627||18.6||4.0|
|Reliance Large Cap||11,410||17.3||2.8|
|Aditya Birla SL Frontline Equity||20,884||14.8||1.9|
|Large & Mid Cap|
|Canara Rob Emerg Equities||3,937||25.8||11.3|
|Mirae Asset Emerging Bluechip||6,130||27.3||9.7|
|Principal Emerging Bluechip||2,021||23.1||5.6|
|Kotak Emerging Equity Scheme||3,314||23.0||4.4|
|Edelweiss Mid Cap||787||21.5||2.8|
|SBI Small Cap||1,281||30.0||11.5|
|Reliance Small Cap||7,227||26.7||8.2|
|Axis Small Cap||358||21.5||6.6|
|Kotak Standard Multicap||21,369||18.8||4.6|
|Aditya Birla SL Equity||10,092||19.0||4.4|