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India’s Top Portfolio Managers Lag Benchmarks In October
Top portfolio managers return gains for the fifth straight month but lag benchmarks in October.
03 Dec 2020, 07:35 AM IST 
A television screen shows footage of the New York Stock Exchange (NYSE) during a news report on coronavirus inside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany. Photographer: Alex Kraus/Bloomberg
India's top portfolio managers returned gains for the fifth straight month but lagged benchmark indices in October as small and mid caps underperformed.The top 60 portfolio managers by assets tracked by BloombergQuint posted an average return of 1.05% in October. That compared to 4% and 3.5% gain in S&P BSE Sensex and Nifty 50, respectively, during the month.
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