India’s banking sector thematic funds from the stable of mutual fund (MF) houses have minted the most for investors over the past year. The benchmark indices returned around 17 per cent; banking funds have given 38 per cent to investors. The top equity fund managers have been positive on the sector. Their selective picks, both from private and state-owned lenders, helped their portfolios generate better returns. Banking funds not only outperformed the key indices but did much better than the mid-cap and small-cap categories of MFs. There are 16 banking funds. The ...
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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