Similar trends were witnessed in Nifty, which declined 66.30 points or 0.37 per cent and managed to end the day at 18,003.75 points. With the higher than expected inflation reported in the US in August, there are now concerns that the US Federal Reserve is likely to go for aggressive rate hikes, pushing global markets into the red.
9 equity MF categories that delivered over 20% returns in 5 years
Around 9 equity mutual fund categories have offered over 20% returns in the last five years, according to data by ACE MF. These categories offered