Hello Suri
You may be aware of
www.moneylife.in
They publish newsletters with 3 folios (Lion (Large Cap) / Panther (Small Cap) / Antelope
http://savers.moneylife.in/slfaq/
Although it is a small subscription based service but their performance has been really good
beside a very transparent/accountable way of tracking is in place.
They also incorporate MM based on current Valuation in their recommendation
work in Weighted SIP, Hold (no new buys) and even selling part or whole (when over valued)
There would be many other similar investor forums / groups / clubs that beat good performing MF
It just shows a common man with some diligence can definitely outperform indices & MFs.
I will be following this thread with the intention of joining in once your complete plan is in place.
Happy