Banking sector mutual funds are the talk of the town these days. These sector schemes have been offering exceptional returns in the short term: 6.09 per cent in one month, 19.17 per cent in three months, and 15.43 per cent returns in one year. The toppers in the category have offered around 23 per cent returns in both three months and one-year horizon. Investors are asking whether the performance is going to last or will it be short lived?
Can the defence sector continue firing after 100% gains?
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