The average returns from banking sector schemes were 16.80% so far in 2022 as against 17.8% of the benchmark Bank Nifty index. The Nifty PSU Bank index has jumped 51.6% and the Nifty Private Bank index has gained 17.6% in this period.
NFO Watch: 5 mutual funds and 2 SIFs open for subscription this week. Check details
ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum