Despite Sensex and Nifty experiencing a 6% decline in October, 82% of equity mutual funds demonstrated resilience by outperforming their benchmarks. This impressive performance was observed across various categories, with contra funds achieving a 100% outperformance rate. While most categories showed strong results, focused funds lagged slightly with a 68% outperformance score.
Private sector banks poised to power India’s growth: Manishi Raychaudhuri
From 90% premium, it has now come down to somewhere around 55% to 60%. But at the same time, Indian earnings estimates are also coming