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54% equity mutual funds outperformed benchmarks in April across various categories. Contra funds led with 100% outperformance. Value, ELSS, Large & Mid Cap, Flexi Cap, and Multi Cap funds also showed strong performance.
Equity mutual fund categories in April had varying performances. Small cap funds led, while mid cap, contra, and multi cap funds also showed good results. Additionally, value funds and tax saving or ELSS funds performed well in the said period.
Equity mutual funds recorded varying returns in April. Among the 488 schemes, HDFC Defence Fund stood out with a 12.56% return, while Edelweiss US Technology Equity FOF suffered the most with a loss of 5.14%.