Mumbai, March 19 -- More than half of the equity mutual funds in India managed to beat their respective benchmarks in February, a report said on Wednesday. According to the report by PL Wealth Management, the wealth management arm of PL Capital, 54.08 per cent of the 294 open-ended equity diversified funds analysed performed better than their benchmarks during the month. In total, 159 funds recorded outperformance as of February 28, 2025.

Among different categories, small-cap funds emerged as the best performers. Nearly 79.31 per cent of small-cap schemes outperformed the Nifty Smallcap 250 benchmark, making them the top category in February. Focused funds also showed strong performance, with 67.86 per cent of them beating their benchmar...