Why is my Mutual fund Under performing even though the Financial Market seem to be doing well? Since the last year and a half, many investors are puzzled when they look at their mutual fund portfolios. If you are one of those who has a well diversified portfolio (which is the way to go), you would find that some of your funds are doing extremely well whereas there are some others that despite the financial markets going up, are giving dismal returns leading to the obvious and an uninformed question that; " why am I even investing in these slow performers?" and "why not invest everything into the leaders rather than the laggards?" Curiously, many of these under performers had been performing above par and the lag is seen only if the investment has been recent(about 1-2 years old). Surprisingly same funds, if purchased about 5-7 years ago are showing double digit returns...confusing right? The confusion becomes even more pertin