Equity mutual funds, which are investment vehicles that combine funds from numerous investors for investing in stocks, demonstrated strong performance in July. During this time frame, these funds generated returns of around 11%, showcasing their potential for attractive financial gains. As of July, the market offered a varied selection of 615 equity and equity-oriented mutual funds, granting investors a plethora of choices.
Mutual funds take a hit but still 80% of equity funds fare better than the benchmarks
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