Particularly, several feeder funds with exposure to international markets have delivered stellar returns. Among domestic-focused stocks, several of the banking and finance-related funds have done much better than the diversified equity schemes. Such schemes have made returns in excess of 30 per cent.
In the large-cap category (barring the exchange-traded funds), schemes from small fund houses have occupied the top positions with Quantum's Long Term Equity Fund leading with a return of 21 per cent, followed by Mirae Asset's India Opportunities Fund which returned 16 per cent to the investors over the past one year. Not only have these funds performed better than their larger peers, but also did much better than the category average return of large-cap funds, which stood at less than 10 per cent.