“The appeal of India is the earnings growth and that is being driven in part by the strong economy but also the resilience of the banking sector after years and years of taking that painful medicine of writing down the non-performing assets is now in a place to lend. We have got a capex cycle which will continue and the banks are the biggest sector in the Nifty.”
These 9 equity mutual funds are down by over 15% from 52-week high NAVs
Around nine equity mutual funds are down by more than 15% from their respective 52-week high NAV.