The record gains posted by the indices over the last two days have prompted some mutual fund (MF) investors to consider exits, with mark-to-market losses on their investments showing significant moderation during the rally. According to data from the Association of Mutual Funds in India (Amfi), the one-year return on large-cap schemes stood at -3 per cent last Thursday.
On Monday, the one-year return for this category had swung to 5.3 per cent. In the case of mid-cap schemes, the one-year return has improved from -10 per cent to marginally negative, as of Monday’s closing ...
