Good show by equity schemes
Source: Business Standard Dec 7, 2017
India’s top 10 largest equity schemes, which collectively manage an asset size of nearly Rs 1.7 lakh crore, have made an average return of 27.5% so far this calendar year. During the same time, key stock index Nifty50 returned about 23.6%. HDFC Equity continues to be the largest pure-equity scheme.
All these schemes have gained a considerable size over the years and the pace of growth has been remarkable in the past few years. Over Rs 2 lakh crore of fresh inflows have gone into equity schemes over the last three years. A substantial chunk of inflows is coming in the form of systematic investment plans.
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