These three equity diversified funds have delivered more than 20 per cent returns in one year
DSIJ Intelligence / 01 Dec 2016
SBI Magnum Comma Fund- Reg (G), Sundaram Rural India Fund (G) and Invesco India PSU Equity Fund (G) are amongst the best performing funds if we consider the past one year data.
With equity markets being volatile in past one year the broader index has not been able to post a double digit return in past one year with Sensex delivering returns of just 2 per cent in a one year period.
Despite poor index performance there are some outstanding performances by select mutual funds that have outperformed the index.
SBI Magnum Comma Fund- Reg (G), Sundaram Rural India Fund (G) and Invesco India PSU Equity Fund (G) are amongst the best performing funds if we consider the past one year data.
These three funds have delivered more than 20 per cent returns on a one year basis with the mentioned SBI fund delivering 38 per cent returns, thus leading the pack of three best performing funds. Sundaram Rural India Fund generated 22 per cent returns whereas Invesco India PSU Equity Fund managed to generate 21 per cent returns.
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