Investors in equity mutual funds are a happy lot. The reason is all categories of diversified equity funds have generated handsome returns over the past year. However, a closer look at the table reveals another interesting fact. The average 10-year returns across categories are only around half of the 5-year returns. This does not mean you should invest in equity only for the short-term and not for the long-term. Instead, this anomaly can be blamed on the base year against which the 10-year retu ..
Can SEBI question your fund manager’s buy-sell decision?
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