38.64% of Equity MFs Beat Benchmarks in March ’25: PL Wealth
Mumbai, April, 28th, 2025: PL Wealth Management, PL Capital’s Wealth Management arm, in its latest study on mutual fund performance analysis, cited that the AUM (assets under management) of equity mutual funds—excluding Sectoral/Thematic Funds— witnessed a modest growth of 7.68% from INR 23,12,571 crore in February 2025 to INR 24,90,218 crore in March 2025. The study, which analysed 298 open-ended equity diversified funds, found that 38.64% of these funds outperformed their respective benchmarks over the past month, ending March 31, 2025. In total, 114 funds recorded outperformance during this period.
|
Category
|
Benchmark |
Number of Schemes |
Number of schemes that Outperformed |
Scheme Outperformance (%) |
|||||
|
Large Cap funds |
NIFTY 50 TRI |
33 |
23 |
71.88% |
|||||
|
Large & Mid Cap Funds |
NIFTY LargeMidcap 250 – TRI |
31 |
18 |
58.06% |
|||||
|
Multi Cap Funds |
Nifty500 Multicap 50:25:25 – TRI |
30 |
7 |
23.33% |
|||||
|
Flexi Cap Fund |
NIFTY 500 – TRI |
39 |
14 |
35.90% |
|||||
|
Mid Cap Funds |
Nifty Midcap 150 – TRI |
30 |
15 |
51.72% |
|||||
|
Small Cap Funds |
Nifty Smallcap 250 – TRI |
30 |
3 |
10.00% |
|||||
|
Focused Funds |
NIFTY 500 – TRI |
28 |
9 |
32.14% |
|||||
|
Value Contra Div. Yield Funds |
NIFTY 500 – TRI |
34 |
9 |
27.27% |
|||||
|
Equity Linked Savings Schemes |
NIFTY 500 – TRI |
43 |
16 |
37.21% |
|||||
|
Total |
|
298 |
114 |
38.64% |
Large Cap Funds was the best performing category where 71.88% of the schemes outperformed the benchmark. It was followed by Large & Mid Cap Funds and Mid Cap Funds which outperformed their respective benchmarks by 58.06% and 51.72% respectively during the month of March 2025.
Small Cap Funds were the least performing fund category with 10.00% of funds outperforming the benchmark.