We looked at equity categories such as large cap, mid cap, small cap, large & mid cap, focused fund, flexi cap, ELSS, value fund, contra fund, and multi cap fund. We calculated XIRR returns for the period starting from September 5, 2013 to September 5, 2023. Regular and growth option schemes were considered for the analysis.
During April-June quarter in 2023, the large cap category offered an average return of around 11.57% return. During this time period Nifty50 and S&P BSE Sensex surged 10.29% and 9.49% respectively. The benchmark indices Nifty 100-TRI and S&P BSE 100-TRI offered around 11.60% and 11.84% return.