All 4 best performing mutual funds since last Holi are about PSU stocks. Did you miss the boom?
equity mutual funds during the said period.
Aditya Birla Sun Life PSU Equity Fund, the topper in the list, offered 76.93% since last holi. SBI PSU Fund gave 72.60% during the same period.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-108753609»>Invesco India PSU Equity Fund, the oldest scheme in the PSU category, offered 70.25% and ICICI Prudential PSU Equity Fund gave 69.88% in the same time period.
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These schemes are benchmarked against S&P BSE PSU — TRI. The benchmark gave 82.40% during the same period.
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ETMutualFunds also compared the performance of these funds with their current benchmark. All these four schemes have failed to beat their respective benchmark.
The other schemes in the list gave returns ranging between 2.48% to 57.82% in the same time period.Franklin Asian Equity Fund offered the lowest return of 2.48%.
We considered all equity categories such as large cap, mid cap, large & mid cap, multi cap, small cap, ELSS, flexi cap, focused fund, value, contra, sectoral and thematic funds. We calculated returns starting from March 8, 2023 to March 22, 2024. We considered
