Majority of large-cap equity mutual funds underperformed benchmark in 2022
"Indian markets fared far better than most global markets in 2022, although main equity and fixed income benchmark indices dropped in H1, they staged a remarkable recovery in the second half of the year. Tightening lending standards weighed more heavily on smaller firms, with the S&P BSE 500 MidSmallCap index underperforming the S&P BSE 200 by 4 per cent, the most since 2019," Benedek Voros, Director - Index Investment Strategy at S&P Dow Jones Indices, said.
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