Three mutual fund NFOs or new fund offers are open for subscription this week. Kotak Healthcare Fund, DSP Banking & Financial Services Fund are open for subscription. Bajaj Finserv Balanced Advantage Fund will open for subscription later this week.
These 10 equity mutual funds gave over 50% return in 2020
The March crash saw people exit MFs but those who remained invested made good gains as the market staged a dramatic comeback. January 02, 2021 / 07:27 AM IST The year 2020 was a roller-coaster for mutual fund investors. When the coronavirus outbreak sent the market into a free fall earlier in the year, thousands of people either redeemed their investments or stopped their SIPs in panic. But those who kept their cool and stayed invested made some good gains, as markets staged a dramatic comeback to end the year on a high. Here is a list of 10 equity mutual schemes that gained more than 50 percent during the year. We only looked at schemes with assets under management valued at more than Rs 500 crore. (Data Source: ACE MF)