If you had invested Rs 1 lakh in Tata Equity PE fund — the best-performing mid-cap fund — one year ago, your money would have grown to Rs 1.46 lakh now. And if you or your financial planner weren’t smart enough to select the potential best performer and had put the same amount in an average-performing fund, your returns still would have been a good 30 per cent plus. The rally in the mid-cap index, for some time, has been quite exemplary.
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