NAV of these top equity mutual funds are trading near 52-week high; do you hold them?

Equity markets have been dicey amid volatility and weak global cues. Certainly, the markets are currently trading in a bear phase. However, you might still find few stocks showing strength, especially those that are trading near their 52-week high despite such a volatile market.

If your investment horizon is lower, then at present you should invest cautiously in equity mutual funds and rather prefer investing in debt mutual funds. However, for long-term investors, this provides an opportunity to accumulate units at lower net asset value (NAV).

Moreover, increasing the SIP makes more sense if you invest via a systematic Investment Plan (SIP). This would help you accumulate higher units at a lower NAV.

In this article, we have curated a list of top equity mutual funds, whose NAVs are trading near their 52-week high. This will help investors to pick the funds that currently possess strength.

Having said that, this would rather work better as a screener. Hence, we would recommend investors not take investment decisions just based on this parameter. In fact, use this as a screener for carrying out further analysis.

Following is the list of top equity mutual funds, whose NAVs are trading near their 52-week high.