As 2020 draws to a close, the Nifty, Nifty Midcap 100 and Nifty Smallcap 100 are up 14.9%, 21.4% and 21.9 % respectively for the year. More importantly, the Nifty is up 83% from the March lows. This is a spectacular rally. Equity mutual funds enjoyed the rally as well with equity mutual funds giving up to 76% returns in 2020. In fact, mid and small caps which remained laggards in over two years in a row, turned around to become the best performers as the rally became broad based. Should mutual fund investors book profit or continue investing while the markets are on a record breaking spree?
Is your mutual fund overlapping putting your investments at risk? How to identify and avoid it!
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