All equity and debt scheme categories gave positive returns in the month of June. Within the equity category, schemes investing in bank stocks led the returns chart across all the categories of funds last month. Banking funds delivered 12.06 percent returns, outperforming the benchmark S&P BSE Bankex that gained 10.98 percent during the review period, according to a mutual fund research firm, Value Research.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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