News From Press With up to 76% returns, 2020 ends positive for mutual funds

With up to 76% returns, 2020 ends positive for mutual funds

Quant Small Cap Fund gave 76% returns in 2020, followed by BOI AXA Small Cap Fund (52%) and PGIM India Midcap Opportunities (49%).

Mint Dec 28, 2020

Most of the year, equities, except for a few sectors remained hurt due to pandemic coronavirus. Equity mutual funds disappointed the investors, who in panic, preferred to redeem their money. Equity mutual funds saw record breaking monthly outflows this year as investors started to lose hope after over two years of under performance by the equity schemes. However, as we came closer to the end of this year, positive news about development of covid vaccines cheered equities soon.

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