81% of largecap mutual funds failed to beat benchmarks in 2020

Amid the dismal performance, equity funds also saw massive outflows, as per Amfi data. From July 2020 to February 2021, equity funds saw outflows as investors preferred to book profits.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/81-of-largecap-mutual-funds-failed-to-beat-benchmarks-in-2020/articleshow/81981670.cms