26.12% of equity MFs outperform respective benchmarks in January`25, finds PL Wealth Management
PL Wealth Management, PL Capital - Prabhudas Lilladher’s Wealth Management arm, in its latest study on mutual fund performance analysis, cited that the AUM (assets under management) of equity mutual funds have witnessed a downfall by -3.83% sequentially to INR 24,85,844 crore in January 2025 from INR 25,84,851 crore in December 2024 excluding Sectoral / Thematic Funds). The study, which is based on 291 open-ended equity diversified funds cited that 26.12% of these funds have outperformed their respective benchmarks over the past one month, ending January 31st, 2025. The cumulative total of funds that outperformed stood at 76 during the month ending January 31st, 2025 (one month).
Small Cap Funds was the best performing category where 86.21% of the schemes outperformed the benchmark. It was followed by schemes of Equity Linked Savings Schemes and Focused Funds which outperformed their respective benchmarks by 31.71% and 28.57% respectively during the month of January 2025.
Large Cap funds were the least performing fund category with only 0.00% of funds outperforming the benchmark.
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