A data-driven comparison covering a 10-year period finds that mutual funds deliver slightly higher returns than portfolio management services (PMS). According to ICRA and PMS Bazaar data cited by both outlets, mutual funds post an average compound annual growth rate (CAGR) of 14.5%, while PMS averages 14.0% over the same period.
The gap between the two categories is described as 50 basis points. The reporting focuses on performance averages across the full decade rather than specific strategies, manager-level outcomes, or periods of underperformance. Both sources present the figures as the basis for concluding that mutual funds outperform PMS modestly over the measured timeframe, without discussing other factors such as costs, risk profiles, or volatility.
