The year 2020 had one silver lining —investors with diversified portfolios registered handsome gains. Among debt funds, longer-duration funds outperformed; among equity funds, mid- and small-cap funds fared better. For 2021, in keeping with the law of mean reversion, analysts have modest return expectations from last year’s outperformers. Debt funds: Be wary of credit risk In 2020, longer-duration debt funds gave good returns as interest rates fell. Returns from shorter-duration funds were muted. Credit risk funds underperformed.
Solving the KYC mess: 5 steps that SEBI has taken to make things easy
Read More