Passive mid cap funds fail to beat benchmarks in 2023; Axis Nifty Midcap 50 Index Fund give 31.85%
we considered the passive mid cap schemes that are benchmarked against Nifty Midcap 50 - TRI, Nifty Midcap 150 - TRI, NIFTY Midcap150 Quality 50 - TRI, and Nifty Midcap150 Momentum 50 - TRI. We considered the regular and growth options. These benchmarks have offered around 18.49- 33.49% returns in 2023.
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