News From Press Equity mutual funds offer paltry returns in financial year 2022-23

Equity mutual funds offer paltry returns in financial year 2022-23

Source: Economic Times Apr 4, 2023

ETMutualFunds looked at performance of equity mutual fund schemes in the financial year 2022-23 (April 1, 2022 to March 31, 2023). The stock market was in the negative zone during the period. The stock market was in the negative zone during the period. The Nifty 50 index declined by 1.76% and S&P BSE Sensex declined by 0.48%. The indices offered superior returns two previous financial years.

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