5 flexi cap mutual funds which outperformed their benchmarks in 5 years – Performance measuring parameter

“Investors shouldn’t be satisfied with just the absolute returns of their schemes, especially in a market that has largely moved in one direction over the past five years,” says Niranjan Avasthi, senior vice-president, Edelweiss Mutual Fund. “What matters more is how those returns compare to the benchmark, and whether they justify the level of risk being taken.”