Livemint

How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500

Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.