The Sensex rose nearly 1,000 points from Friday’s close to an intraday high of 60,833, before ending the session at 60,566, up 721 points, or 1.20%. The Nifty, too, advanced 1.2%, or 207 points, to close at 18,014.
Choosing a mutual fund requires more than examining past returns. Investors should assess risk-adjusted performance using metrics such as Alpha, Beta, Sharpe, Treynor, Information and
ETMutualFunds has shortlisted 10 equity mutual funds across five categories based on rolling returns, consistency, downside risk, outperformance and asset size for August.
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