92% passive large cap funds fail to beat benchmarks in 2023

We considered the passive large cap schemes benchmarked against NIFTY 50 - TRI, Nifty50 Value 20 - TRI, NIFTY50 Equal Weight - TRI, Nifty100 Low Volatility 30 - TRI, Nifty100 Equal Weight - TRI, S&P BSE SENSEX - TRI, NIFTY 100 - TRI, and NIFTY NEXT 50 - TRI. These benchmarks gave 21.30%, 29.79%, 31.04%, 31.87%, 30.68%, 20.33%, 21.24%, and 27.24% respectively. We considered the regular and growth options.

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