After being bullish, last week, domestic markets turned bearish due to profit-booking from investors in view of global tension amidst foreign capital outflows.
BSE Sensex plunged 1,112 points while NSE Nifty dropped by 356 points during the week. Experts believe that following Securities and Exchange Board of India (Sebi) announcement on restricting 331 shell companies from trading, affected the sentiments of the investors.
The time when investors were loosing money in equity markets, there are mutual funds which managed to perform well.
Here we are talking about Debt Funds and Hybrid Funds. Below is the list:
Debt Funds: These are funds that invest in debt instruments e.g. company debentures, government bonds and other fixed income assets. They are considered safe investments and provide fixed returns.
Last week, the debt funds managed to give returns of nearly 0.4%
