Why are my mutual funds not performing well?

economictimes.indiatimes.com:

I am 30 years old and I have been investing into mutual funds for the past four years. I have SIPs in the following funds since the last three years. I am little unsure about Axis schemes and large cap funds after seeing their underperformance via-a-vis index fundsAxis Bluechip FundAxis Focused 25 FundDSP Midcap FundUTI Flexi cap Fund My goal is to buy a house in 10-15 years. Also, to build a retirement corpus. I am okay with market fluctuations but I am just a little worried that the selected funds aren't performing as good as the market has in the past couple of years. Also, I keep reading about rebalancing. Can you please explain how and when a person needs to decide to change the schemes. --Vivek Pandey We looked at the performance of your schemes in the last three years.

This is what we found. Axis Bluechip Fund and Axis Focused 25 Fund have underperformed both their benchmarks and respective categories in 2021, 2022, and in this year so far. Axis Bluechip Fund has offered 16% returns in three years.

Its benchmark offered 23% and category offered 22% in the same period. Axis Focused 25 Fund offered 15% in three years, compared to 25% returns by its benchmark. DSP Midcap Fund failed to beat its benchmark from 2020.

It has offered 22% in three years. Its benchmark offered 34% in three years. UTI Flexi Cap Fund has underperformed in 2022 and in this year till date.

The scheme has offered 20% in three years, compared to 25% returns given by its benchmark. In short, your schemes have failed to beat their benchmarks and category average in the short period. Since you have not shared the details of your investments, we won’t be able to offer personal advice.