Midcap mutual funds have delivered strong returns over the past three years, with the top five schemes offering up to 25% annualised gains. Invesco India Mid Cap Fund leads the pack, followed closely by Nippon India and WhiteOak funds, while some laggards delivered significantly lower returns in the same period.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks