NEW DELHI: Business cycle mutual funds have been gaining traction in the investment landscape, delivering robust returns of 32-56 per cent over the past year, with schemes from HSBC, Mahindra Manulife, and Quant generating returns exceeding 50 per cent.
These top three funds have substantially outperformed the Nifty 500 TRI index, which delivered 35.11 per cent returns over the same period, according to the industry data.
Currently, the market hosts only 16 business cycle funds, with just three completing a three-year tenure.
The category's assets under management (AUM) have surged to Rs 37,487 crore, more than doubling from Rs 17,238 crore in September 2021. This stellar growth suggests the rising investor interest in these funds, Feroze Azeez, Deputy CEO, Anand Rathi Wealth, said.
هذه القصة مأخوذة من طبعة October 28, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 28, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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