Equity-linked saving schemes outperform benchmark indices

Providing better returns to investors, majority of equity-linked saving schemes as well as mid- and small-cap funds outperformed their respective benchmark stock indices over a five-year period ended December 2015, according to a report.  Stock Market Trading Tips

The S&P Indices Versus Active Funds (SPIVA) scorecard, which tracks performance of actively managed mutual funds against their benchmarks, showed that majority of large-cap equity funds lagged BSE 100 Index over the same period.RBI's accommodative stance coupled with the interplay of global and domestic macroeconomic factors led to a mixed sentiment in the capital market," Asia Index Global Research and Design Associate Director Utkarsh Agrawal said."Debt funds generated fewer equal and asset-weighted returns than their respective benchmark indices, across all time horizons," he added.       Himanshu Tiwari Astrologer Blog
 
As per the report, majority of equity-linked Savings Scheme (ELSS) and mid- and small-cap funds outperformed the S&P BSE 200 and S&P BSE mid-cap, respectively.The report said that 21.62 per cent of ELSS funds have outperformed S&P BSE 200 for one-year, 2.86 per cent for three years and 11.43 per cent for five years.        Financial Astrology 

Besides, ELSS funds have delivered a return of 3.27 per cent for one year, 18.10 per cent for three years and 10.53 per cent for five years.In comparison, S&P BSE 200 gave a return of 0.18 per cent for one year period, 13.32 per cent for three years and 7.49 per cent for five-year period.The report said that 58.14 per cent of mid-cap and small-cap equity funds have outperformed S&P BSE Mid Cap over a one-year period, 17.78 per cent.       Personal Numerology
 
Mid-cap and small-cap equity funds, offered a return of 8.61 per cent, 25.44 per cent and 15.08 per cent for one, three and five year periods, respectively.S&P BSE Mid-Cap offered a return of 8.72 per cent for one year period, 17.86 per cent for three years and 8.98 per cent for five-year period.
 
"Over one, three, and five-year periods ended December 2015, 36 per cent, 47 per cent and 57 per cent of large-cap equity funds in India underperformed the S&P BSE 100, respectively," the report noted.Besides, majority of debt funds have underperformed their respective indices over five-year period ended December 2015.         Indian stock market astrology prediction