Return from gold exchange-traded funds (ETFs) have been dismal in the past one year as yellow metal prices slumped due to strengthening US dollar.

Mirae Asset India Opportunities has delivered 3-year annualised return of 25.63 per cent, compared with the category's 21.64 per cent.

Mid-cap funds have been outperforming their large-cap counterparts by a comprehensive margin.

Tata pure equity fund has outperformed the benchmark almost every year in the last decade, that too with a low risk score.

Performance of European markets will depend upon economic recovery and growth in corporate earnings, rather than re-rating, as was the case last year.

Mid-cap funds have seen a spurt in returns with category average one-year return crossing 81%, second only to infrastructure fund.

There is no respite for yellow metal investors as Gold ETFs continue their poor run with negative average return (-0.63%) in the past three years.

The fund has a three-year annualised return of 19.42 per cent, compared with the category's 20.38 per cent.

Infrastructure stocks have taken giant strides in the past couple of months with sector funds returning on an average 73% in the past one year.