News From Press Bank, financial services MFs lagged in 2024. Will the new year be better?

Bank, financial services MFs lagged in 2024. Will the new year be better?

Source: ET Jan 4, 2025

Bank and financial services sector-based mutual funds have underperformed, delivering an average return of around 11.28% in 2024. A total of 18 funds from this sector were active during this period. Among these 18 funds, 11 provided double-digit returns, while 7 offered single-digit returns.

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