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Most mutual funds underperformed benchmarks during 2014-19 period: Report

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NEW DELHI : Even before the COVID-19 worries-led market rout dented the value of mutual fund investments, there are chances that the fund was anyways underperforming from a long-term perspective.

According to a study by S&P Indices Versus Active (SPIVA), for the five years ending December 2019, a majority of funds were underperforming.

Typically, asset management companies say one must invest in mutual funds for the medium to long-term and see through near-term volatilities.

However, massive correction of over 25 per cent in the benchmarks over the last two months have made investors worried over the value of their portfolios.

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