Nearly all the top equity schemes by assets, the most popular among Indian investors, have given better returns than key share indices so far in 2017. At a time when year-to-date (YTD) returns of Nifty50 and Sensex stood at 19.16 per cent and 17.4 per cent, respectively, India's top 10 largest equity schemes, on an average, offered a return of 20.5 per cent in the period. This does not only defy the logic that the large size of a scheme becomes a constraint when it comes to performance but also justifies investors’ preferences for such funds which have established, long