The Covid-19 pandemic and attendant market volatility have taken a toll on closed-end schemes maturing in 2020-21. A Business Standard analysis of 187 such schemes across asset classes showed only nine had given higher returns than indices against whom their performances are measured over the last one year. All others had given lower returns, some with double-digit underperformance compared to their benchmarks.
Nine big financial changes that you must watch out for in October
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