As per a SPIVA report, 75.4% of the mid- and small-cap funds have lagged the S&P BSE 400 MidSmallCap Index. However, the performance of actively managed large-cap funds has improved. According to the report, being overweight on real estate, utilities, and consumer discretionary have helped a slew of large-cap funds to outperform the broader market.
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News thebull.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebull.com.au Daily Mail and Mail on Sunday newspapers.
Shares of ABB India jumped 7% in today s early trade to touch a new all-time high of ₹6.341.90 apiece after the global brokerage firm UBS, in its latest, lifted the target price on the stock to ₹7,550 apiece from an earlier price target of ₹5,380.