Under the lens Mutual funds sahi hai but returns nahi hai Getty Images

A man drinks water at a bus stop in Mumbai on February 8, 2018. Indian markets had a nightmarish month as FIIs pulled out INR12,000 crore amid global volatility.

Synopsis

New research shows that while the mutual fund industry earns a fat fee from investors, some INR17,000 crore in 2018, it fails miserably in delivering returns. Something has got to give.