Best Equity Funds
Best performers in equity mutual fund category focused on buying high-growth companies that have competitive advantage at reasonable valuations.
Best performers in equity mutual fund category focused on buying high-growth companies that have competitive advantage at reasonable valuations.
A long-term approach towards quality businesses has helped them deliver despite Covid effects.
The most efficient wealth creators bought into quality companies and did nimble risk management to deliver stupendous returns.
Fortune India devised a two-stage methodology of quantitative and qualitative assessment to identify the top three investment options in 15 categories across mutual funds, insurance and NPS.
While equity funds delivered a point-to-point 19.1% return, SIP returns during same period stood at 15.2%. But, investors earned lower returns at 13.8%.
The equity market is witnessing a sluggish period. Nasdaq is down 28% YTD. S&P 500 is also down 18% YTD. Indian market indices have shed between 10-15% on a YTD.
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
While the mutual fund industry assets under management crossed ₹31 lakh crore, MFs continued to reel under record–high redemption pressure in December. What would the new year bring?
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.