News From Press Banking sector mutual funds are offering 21% in one month. Should you invest?

Banking sector mutual funds are offering 21% in one month. Should you invest?

ET Jun 23, 2020

Banking sector funds have surprised investors in the last one month. The category has offered 21.38% returns in one month. It is indeed surprising because the banking sector has suffered a lot in the last one year. The category was down 28% in one year. Since nobody is counting on a dramatic pickup in economic activities in the near term, what has changed the fortunes of the banking sector?

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