Mutual fund analysis · India

Mutual fund analysis: which fund categories performed in Q2 FY27

Each category is every open-ended scheme that existed in it at each quarter-end — growth plans, and funds that later merged or closed still count in the quarters they lived through. Tap any cell to see the schemes behind it.

Median category return, over the quarter

Q2 FY27: 3 of 21 fund categories gained over the quarter; best Small Cap +3%, worst Value −3%.

Return over

Quarter 1 year 3 years 5 years

Each cell is the median return of the category’s schemes over that quarter. “x of y up” counts the schemes whose figure rose — gained, not beat the market; the index comparison arrives with a benchmark TRI column. Growth-plan NAVs from AMFI; a scheme missing either end of the period has no cell.

≤ −40%−20%0+20%≥ +40% Blue is a gain, red a decline, grey about zero; the colour stops deepening at ±40%.

Median scheme return for each fund category, by quarter, categories in rank order
Category, by rank	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27latest	Last 4 quarters
1.Small Cap													3 of 4quarters up
2.Arbitrage													4 of 4quarters up
3.Equity Savings													3 of 4quarters up
4.Balanced Hybridonly 2 funds													2 of 4quarters up
5.Conservative Hybrid													2 of 4quarters up
6.Multi Cap													2 of 4quarters up
7.Multi Asset Allocation													2 of 4quarters up
8.Flexi Cap													2 of 4quarters up
9.Sectoral / Thematic													2 of 4quarters up
10.Balanced Advantage													2 of 4quarters up
11.Retirement													2 of 4quarters up
12.Children's													2 of 4quarters up
13.Mid Cap													2 of 4quarters up
14.Focused													2 of 4quarters up
15.Aggressive Hybrid													2 of 4quarters up
16.Dividend Yield													2 of 4quarters up
17.Contraonly 4 funds													2 of 4quarters up
18.Large & Mid Cap													2 of 4quarters up
19.ELSS													2 of 4quarters up
20.Large Cap													2 of 4quarters up
21.Value													2 of 4quarters up

About these figures

Members: every open-ended scheme listed under the category in AMFI’s file of that quarter-end, one row per scheme (the Regular-Growth plan, the longest-running series). Index funds, ETFs, debt and fund-of-funds categories are kept out: the board compares actively managed schemes with each other.
The cell is the median scheme’s return, never weighted by fund size, so one giant fund cannot hide its category.
A fund that merged or wound up stays in the quarters it existed — no survivorship bias.
3-year and 5-year figures are annualized. A scheme whose plans disagree with each other, or whose quarterly move is past ±60%, is left out of the medians as a data fault.