Equity mutual fund categories under Modi s second term witnessed significant returns, with small cap funds leading at 243.94%. Nippon India Small Cap Fund topped with 304.07%. ELSS funds, large cap, and aggressive hybrid funds also showed notable performance.
LIC Mutual Fund alters exit load structure for four equity schemes, notified via notice-cum-addendum. Effective from May 27, the duration shifts from 12 to three months
Aggressive hybrid mutual funds have delivered impressive returns, with JM Aggressive Hybrid Fund leading with a 55.48% return. Strategic asset allocation and risk management have contributed to their stellar performance, making them attractive for investors with higher risk appetite.
JM Aggressive Hybrid Fund, the topper in the category, delivered 55.48% return in the last one year. Bank of India Mid & Small Cap Equity & Debt Fund gave 47.28% return in the said period.
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