Volatility a tough nut to crack for fund managers? Mere 31% active funds outperform benchmarks in 6-month period

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Over the last six months, the Nifty 50 has delivered negative returns of around 6 percent. Similarly, the Nifty Midcap and Smallcap indices have declined by around 12 and 16 percent, respectively. On the other hand, the Bank Nifty has gained nearly 1 percent.

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